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May I manage a million buck home?

$1 million was once money that is enough establish you for a lifetime, but those times are long past. In a few areas of Canada, you’re lucky if $1 million will purchase your dream home, allow alone fund your retirement. This couldn’t be truer in metropolitan areas like Toronto, where in actuality the normal home price hovered around $800,000 in 2019.

So, if it costs $1 million to get a house in urban centers like Toronto in Vancouver, have you been among the happy Canadians who are able to manage this price? Let’s take a good look at the factors which will see whether you are able to pay for the mortgage that is average a 1 million buck house.

What exactly is a million bucks today?

Keep in mind the track “If I experienced $1,000,000” because of the Barenaked women?

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