Reno firm’s study of Toronto real estate market contains a few surprises

A new study conducted by Easy Home Renovation, answers what many people ask themselves: In the long term, is it cheaper to own a home than rent?

According to the results of a nationwide analysis http://www.easyrenovation.ca/canada-buy-vs-rent-2025/ , it all comes down to where you live now and what part of the country you would be willing to move to in order to flip the switch from monthly rent to monthly mortgage payments.

Using median home prices from the Canadian Real Estate Association as well as average rents from CMHC and Apartments.com, the Toronto-based renovation firm says it “compared the full 10-year cost of owning versing renting in Canada’s 10 largest provinces. Ownership costs factored in mortgage p

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