Jordan Abrams

Your monthly mortgage payment is not the full cost of owning in Toronto.

Property taxes alone can add hundreds of dollars per month, and that is before insurance, utilities, repairs, maintenance, and the other costs that come with owning a home.

One underrated part of living in Toronto is how quickly you can leave the city behind.

Within a couple hours, you have Muskoka, the Kawarthas, Georgian Bay, Algonquin, Killarney, and the Bruce Peninsula. People travel from around the world to camp in places Torontonians can drive to on a weekend.

Toronto is not a city where you run out of things to do.

Between festivals, food events, comedy, theatre, sports, the ROM, Science Centre, Zoo, Wonderland, and neighbourhood street festivals, the calendar is packed, especially from May through October.

Watch the full Toronto lifestyle and cost of living breakdown here: https://youtu.be/QY3N8EFXhi4

Toronto summers are one of the biggest lifestyle advantages of living here.

From packed patios on Ossington and Queen West to cottage weekends, softball nights, live music, restaurants, and neighbourhood energy, the city changes completely from June through September.

Watch the full Toronto lifestyle and cost of living breakdown here: [insert YouTube link]

Toronto’s food scene is legitimately one of the city’s biggest lifestyle advantages.

From neighbourhood restaurants to global cuisine across the GTA, this is one of the reasons Toronto belongs in the same conversation as other major world cities.

Watch the full Toronto lifestyle and cost of living breakdown here: https://youtu.be/QY3N8EFXhi4

A $900K townhome with 20% down sounds straightforward until you actually run the monthly payment.

The mortgage alone is about $3,800/month before property tax, condo fees, insurance, utilities, maintenance, and everything else.

Full Toronto cost of living breakdown here: https://www.youtube.com/watch?v=gk_6AwJNqzg

Canada has some of the most expensive mobile data in the world, and it’s one of those costs people often underestimate when planning a move to Toronto.

When you add phone bills on top of rent, groceries, transit, and everything else, the monthly budget changes quickly. Full Toronto cost of living breakdown here:https://www.youtube.com/watch?v=gk_6AwJNqzg

Thinking about buying or selling in Toronto? Book a call here: https://calendly.com/jordanabramsrealty/home-valuation

A lot of people focus on rent, but the real monthly cost of living in Toronto can swing hard once you add a car. Insurance, parking, gas, and maintenance can easily change what “affordable” actually looks like.

If you’re anywhere along the subway line, skipping the car can free up a lot more room in your budget and open up better neighbourhood options. Full Toronto cost of living breakdown here: https://www.youtube.com/watch?v=gk_6AwJNqzg

Buying a $1M home in Mississauga is about $16,000 in tax. Buy the exact same home just across the Toronto border and that number can jump to roughly $33,000 😬 Even with the first-time buyer rebate, you could still be paying close to $25,000 in tax on a $1M purchase.

Full Toronto cost of living breakdown here: https://www.youtube.com/watch?v=gk_6AwJNqzg

Toronto rent will eat 60% of your take-home pay — and most people moving here have no idea until it's too late.
I break down the full Cost of Living in Toronto so you know exactly what you're getting into before you make the move.

👇 Full Cost of Living video here:
www.youtube.com/