You can’t buy a house in the GTA for 700K. You’re buying a 2 or 3-bedroom condo for that much today. Check the maintenance fees for such units in the GTA. I don’t think you’d see much under $600 for a 2-bed and often without hydro/water/heat in it.
it is not that you pay that per month( unless you have strata building fees) but you have a roof replacement, or furnace change then you have a huge expense spread over you maintenamce saveing account. I once had Vaccum ,cleaner washer and dryer die in one week. But when I rented that is somebody elses problem. It was good renting 10 years ago maybe, but those days are done
What the hell are you doing at this house that you need $1000 in maintenance every month.
You can’t buy a house in the GTA for 700K. You’re buying a 2 or 3-bedroom condo for that much today. Check the maintenance fees for such units in the GTA. I don’t think you’d see much under $600 for a 2-bed and often without hydro/water/heat in it.
good thing I’m not living in Grand Theft Auto I guess
it is not that you pay that per month( unless you have strata building fees) but you have a roof replacement, or furnace change then you have a huge expense spread over you maintenamce saveing account. I once had Vaccum ,cleaner washer and dryer die in one week. But when I rented that is somebody elses problem. It was good renting 10 years ago maybe, but those days are done