Irene Kaushansky
Sales Representative
& Philip Brown
Sales Representative

Keller Williams Advantage Realty, Brokerage

Independently owned and operated

1238 Queen Street East, Toronto, ON M4L 1C3

Direct: 416-259-2444 ~ Phone: 416-465-4545 ~ Email: info@ireneandphilip.com

Toronto still internationally affordable

September 28, 2009

According to a recent study by Coldwell Banker, our fair city is still extremely affordable for the purchase of move-up executive homes with an average price of just over $824k. While this is almost double the average you'd find in Mississauga ($443k) it's 50% less than in Vancouver which is the priciest spot in Canada at over $1.26m.... but this is still considerably lower than the rest of the world.  If you were transferred to La Jolla, California you could expect to fork out over $2.1m and in Singapore $1.8m.  If you're a numbers nut, check out http://www.theglobeandmail.com/report-on-business/moving-up-aspirational-homes-still-affordable/article1298226/ to see how the rest of the world stacks up.


Filed under: toronto housing house prices buying in toronto moving up in toronto mortgage rates why buy now housing affordability
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