JLR land title solutions

The true cost of being a home owner

august 2018

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

about the writer


Joanie Fontaine M.SC.

Owner of a master degree in economics, Joanie analyzes the real estate market and its various components. Bases on JLR's extensive database, she conducts statistical studies related to the real estate market. Her researches are published on our blog and regularly quoted by important Quebec publications like Les Affaires and La Presse. 

why download this publication ?


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. 

Get the publication