Infographic: The Cost of Buying a House in Canada

Infographic: The Cost of Buying a House in Canada

With prices soaring in some provinces and interest rates steadily holding at historic lows, it seems like the Canadian real-estate market is on everyone’s mind right now. Whether you’re looking for a starter home in New Brunswick or an investment property in Toronto or Vancouver, the cost of purchasing and maintaining a property can often seem overwhelming. To help you plan out an upcoming move, determine whether you’ve saved up enough to purchase a home in your city, or to help you decide whether homeownership is even an option, we’ve created an infographic that breaks down, by major Canadian city, the cost of owning a home and how much income you’ll need to earn.

The cost of buying a house in Canada

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