Toronto Real Estate

The wife and I are sitting around, trying to figure out if we can buy a new house. We’re looking to move slightly up into a different school catchment, but stay in the same overall ‘hood. So I cooked up a spreadsheet that calculates all the variables that I could think of:

  • What we’d sell this house for
  • The new land transfer tax scheme
  • Possible ranges of interest rates
  • Property tax estimates

.. and then spit out how much more our monthly payment would be.

And given that we can’t keep to a budget to save our lives, it would seem that the answer is “No, you can’t move”.

Toronto Real Estate