this post was submitted on 03 Aug 2023
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$2.64M is the down payment on a 15 year old, 1 bedroom condo in Toronto. He better keep his job.
I was just thinking the same thing.
You can expect to pay between $18,000 to $32,000 dollars for a year of rent for a 1 bedroom in Toronto. So if you assume that rent doesn't get higher in Toronto (HAHAHAHAHAHA), that just means his rent is paid until he dies.