The True Cost of Being a Home Owner
ABOUT THIS PUBLICATION
What is the most profitable: buy or rent a condominium? This popular question is often hard to answer that's why JLR did the math for you. In this publication, JLR calculated the true cost of being a home owner of a condominium of $200,000 vs. the cost of being the tenant of a similar condo with a rent of $1,000/month over a 5-year period.
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amount paid when purchasing a condo in 2013, with a down payment of 10%
total expenditure for the first year after a purchase
amount paid after 5 years of condominium ownership
Total expenditure after 5 years of renting a condo
To be informed on the Quebec real estate market trends
To convey the right information to your customers.
To help you make the right decisions.
To get accurate, complete and reliable data.