If it helps any, real estate is expected to come down in TO "shortly". I think, by that, they mean a matter of months.
And lets up my minimum if there's five of you!!!!!
Oakville is nice. But it's really hard to say where you should look. Toronto's pretty big! But how about North York. I'm thinking somewhere not too far off Yonge St as Yonge through N York is quite nice.
Forgive me. I left TO about 12 yrs ago so although I go back every summer I'm kinda out of touch. Maybe some of the other Canadians on here can give you more info.
I know ....sorry ! It would be in the suburbs somewhere like Oakville ?? WE would like to buy but the property seems way too expensive and there are 5 of us !
Ooof... Bit of a loaded question. All your questions depend very much on what your definitions of 'nice' and 'reasonable' and the like are. And whether you're referring to the city of Toronto or Greater Toronto which includes suburbs. As well as the size of your family and whether you plan to rent or buy a place.
Personally, for a couple with 1 child, I would say you would need a minimum household income of about CAD $160,000.
THinkng about this for a while now, but just wanted to find out what kind of salary would we need on a monthly basis considering houses are so expensive ? And every day living expenses ? And also what are the nice neighbourhoods with reasonable house prices ? Thanks !