How many people can qualify for a $1M+ home. A shoebox condo unit is $1M+ A house is ~$2M. You need to make $500K+ salary each family member to qualify. Also need to pay 6-digit figure double-land transfer taxes for a #Toronto home. #TOpoli
Mass layoffs. High costs of living. Unaffordable to live.
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Toronto homes are taking forever to sell amid market downturn
Homes across the GTA are taking significantly longer to sell than they did at the high of the real estate market in early 2022, with some property ty…