Cory Kline, AMP
Mortgage Agent
Read Cory Kline, AMP's Blog Go to Cory Kline, AMP's Website Follow Cory Kline, AMP on Facebook

Average Price of Homes in Toronto Tops $1 Million

Updated Thursday, March 5, 2015  ::  Views (2702)

Wow! With a 9% housing price increase over last year, Toronto is now Canada's first $1 million housing city (at least for detached homes). What does this mean for Torontonians?

Interestingly…This means that most first time home buyers and experienced home buyers in Toronto will have to have $200,000 in savings or gift funds to be able buy a Toronto home. Under the new Government rules homebuyers are required to put a 20% down payment on Million Dollar properties.

What this also means…

Click here to see the 680 News post.

Cory Kline, AMP

Mortgage Planning Since 1998   -  VOTED: Barrie's Best Mortgage Professional, by the readers of the Barrie Examiner.

Neighbourhood Dominion Lending Centres - Barrie Office


Cell / Text: 705-794-1283

Fax: 1-877-812-6190


Mortgage Agent, FSCO # M09001239

Brokerage FSCO Lic. # 11764



Add a Comment

Fields marked with "*" are required to process your form.
Your Name
Email Address (will never be shown)

Allowed XHTML tags : a, b, i, strong, code, acrynom, blockquote, abbr. Linebreaks will be converted Automatically.