Canadian cities where first year of homeownership is least expensive

It’s tough out there for anyone trying to buy or sell a house but it might be toughest for those aiming to be a first\u002Dtime homeowner.

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The Greater Toronto Area is not part of the “doable” ranks with some cities costing five times as much as locations in Quebec. Owning a home in Richmond Hill, Markham and Oakville requires a down payment of at least $265,000 whereas Saguenay, Trois-Rivières and Quebec City have down payments of less than $59,000.

The Greater Sudbury Area, along with Edmonton and Calgary, gave the lowest closing costs , unlike Toronto and Vancouver .Article content

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