Toronto mls luxury homes condos houses listings markham toronto realtor real estate home condo for sale toronto century 21 real estate agent servicing markham north york richmond hill thornhill mississauga scarborough pickering

Search Toronto MLS listings for GTA  Houses & Condos for sale. This Toronto Real Estate Guide helps you locate home or condo MLS listings. You can find MLS listings in  North York, Markham, Thornhill, Richmond Hill, Vaughan, Scarborough, Mississauga, & MLS Home listings in surrounding areas in the GTA. 

Ram Rajendram , B.Sc., CA ,  Real Estate Broker

Direct: (416) 737-7700    24 Hr Pager: (416) 733-2666

 

Simple Rent vs. Buy Calculator

This simple online calculator will help you determine if you are ready to make a home purchase. Simply fill in your current rental data and then fill in your prospective home purchase data. In case you are unsure, please use the following in the home purchase data section to be cautious: 2% for home appreciation rate, 1.2% of purchase price for taxes, $1000 for homeowner insurance and 5% for selling costs. 

Please note that this calculator does not take into account utility costs if you are purchasing. This is an additional cost to purchasing, but is in many cases already included in your rental payment. It also does not take into account the fact that you can reinvest any savings you obtain from renting in other investment opportunities. If purchasing is what you would like to do, please contact me and I will provide you with more details that are not captured in this simple calculator which is only intended as a high-level guide and does not account for utility costs or the reinvestment of savings that may occur if the rental cash outflow is less than the mortgage cash outflow.  

To Rent...
Monthly Rent $
Monthly Rental Insurance $
Annual Rent Increase (by percentage) %
To Own...
Purchase Price of Home $
Loan Amount $
Home Appreciation Rate %
Loan Term
Interest Rate %
Annual Property Taxes $
Annual Homeowners Insurance $
Years before Selling
Selling Costs (As percentage of price) %



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