to $1,061,853.91 in 2023, and while this would mark a substantial decline in the cost of a residence in the 416, there are other options beyond the Greater Toronto Area that offer a whole lot more bang for your buck.
Weighing this definition of affordability against the average Ontario monthly income of $5,987,71, the real estate agency locked in the Using the average provincial salary mentioned above, that comes out to 26.95 per cent of the typical monthly income allocated to your mortgage.You could be calling Nickel City home for less than half the projected 2023 Toronto average price in 2023, with homes in Sudbury expected to cost an average of $490,161.51 this year.
6k a month? Lol. That's 72k per year after taxes. Maybe family annual...
TIL the avg Ontario monthly income is $5,987,71
Who the heck wants to live in Thunder Bay, Sudbury & Windsor.
Alex, the question is: 'Name three cities in Ontario that I wouldn't be caught dead in.'
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