Should I buy or rent a home in Toronto?
If you have not spent a lot of time in Toronto, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Toronto can be a great investment, as the city is known for its strong real estate market. However, it is important to consider your financial situation and lifestyle before making a decision. Renting can be a great option if you are looking for flexibility and don't want to commit to a long-term mortgage. It can also be a great way to get to know the city and its neighbourhoods before deciding where to buy. Ultimately, the decision to buy or rent should be based on your individual needs and preferences," remarked another expat in Toronto, Canada.
Other Questions:
- What should I pack when moving to Toronto?
- Where should I setup a bank account in Toronto?
- Will I be able to find a job in Toronto?
- What is life like in Toronto?
- What do expats in Toronto appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Toronto?
- Is there a lot of diversity? Are people in Toronto accepting of differences?
- What are the schools in Toronto like?
- What are healthcare services like in Toronto?
- What are medical services in Toronto like?
- Are healthcare and health insurance expensive in Toronto?
- What are emergency services like in Toronto?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Toronto?
- How are local medical facilities in Toronto?
- As a foreigner living in Toronto, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
Should I buy or rent a home in Toronto?
If you live in Toronto, newcomers to Toronto would love to hear your answer to this question.