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How Much Money Do I Need To Make To Afford To Buy An Etobicoke Home?

The income needed to afford a home in the GTA is more than other regions in Canada. However, there are strategies to help you get there.

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How Much Money Do I Need to Make To Buy An Etobicoke Home?

The average income you need to afford a home in the GTA or Toronto is understandably more than other regions in Canada. Lots of amenities and advantages exist to living in a neighbuorhood like those that comprise Etobicoke. Let’s take a closer look at how much money is needed to afford an Etobicoke home.

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What Is The First Home Savings Account?

The First Home Savings Account, or FHSA, is a registered savings plan that allows any prospective first-time home buyer in Canada to save for their first home tax-free. FHSAs were just enacted on April 1, 2023, and are designed to help with making saving for a first real estate purchase more affordable. If you’re wondering what is the First Home Savings Account and how to use it, let’s have a look at how it works.

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Andrea not only found us a great place to rent within a few weeks, but she kept our needs and budget in mind…and kept me calm.

— Michelle & Derek P.

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