said by AR:Well then his Mrs. will have to see more patients every day to pay the mortgage. Not to mention, it won't be CMHC insured because I know they don't have 500k to put down as a downpayment.
But she's a Doctor and all her Doctor friends have $1M plus homes so despite being otherwise financially responsible, she has a "dream house" in mind and she's gonna get it.
My buddy in the mean time, with his 140k salary and pending law school debt in the US (and his very frugal nature), is not too happy about this.
$1M plus home is nothing in Toronto. I will be honest and we are TRYING to keep it under $1M but having a hard time finding one, as you know.