$205K income required to buy GTA home <renx.us5.list-manage.com/track/click?u=d66997478044aa776e96a0795&id=5a9ccb2d34&e=250614e47e>
Residential • Toronto Star <renx.us5.list-manage.com/track/click?u=d66997478044aa776e96a0795&id=a0984f8fca&e=250614e47e> • Financial Post <renx.us5.list-manage.com/track/click?u=d66997478044aa776e96a0795&id=8c8c68d898&e=250614e47e> • Toronto Star <renx.us5.list-manage.com/track/click?u=d66997478044aa776e96a0795&id=3c9bdd5223&e=250614e47e> With the average price of a home in the GTA now well over $1 million, mortgage broker James Laird <renx.us5.list-manage.com/track/click?u=d66997478044aa776e96a0795&id=297dd1734a&e=250614e47e> says lenders require a household income of $205,400 to buy the average home if you have $231,000 for a 20 per cent down payment.