1% Toronto 1% Toronto

All dollar figures are in CAD.

Our Twitter: https://twitter.com/OnePercentTO

Our Email (Please sponsor us, Matt really needs a new mic): onepercenttorontopodcast@gmail.com

What we use to see real estate trends and historic data: http://trreb.ca/index.php/market-news

What we use to browse condos when taking a dump in the morning: https://condos.ca/

Experienced realtor who is willing to help the 1% Toronto Listeners: https://www.instagram.com/jackywurealtor/

Mortgage brokerage: https://monstermortgage.ca/

TL:DL

1 - Purchase price of property

2 - Down payment (at least 5% - 20%)

3 - Mortgage = Purchase price - Down payment

4 - Find Realtor

5 - Bid on property

6 - Closing costs + lawyer (Approx 5% of purchase price - INCREMENTAL)

7 - Reoccurring property expenses (maintenance fees/Utilities, property tax)

8 - Invite us to your house warming

All dollar figures are in CAD. Our Twitter: https://twitter.com/OnePercentTO

Big Banks:

https://www.tdcanadatrust.com/products-services/investing/mutual-funds/mer-diff.jsp

https://www.rbcinvestease.com/index.html

Robot Advisers:

https://www.questrade.com/questwealth-portfolios

https://www.wealthsimple.com/en-ca/product/invest

Additional Resources/Recommended Reads:

https://www.amazon.ca/Millionaire-Teacher-Wealth-Should-Learned/dp/1119356296

https://www.amazon.ca/MONEY-Master-Game-Financial-Freedom/dp/1476757801

https://www.wealthsimple.com/en-ca/learn/index-funds#how_to_invest_in_index_funds

All dollar figures are in CAD.

Henry's EQ bank link - https://join.eqbank.ca?code=HENRY8950 (50% of the referral money will go to a charity!!!!)

Matt's EQ bank link - https://join.eqbank.ca/?code=MATTHEW5980

General EQ bank signup link - https://join.eqbank.ca/registration

RRSP - Lifelong Learning Plan - https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/lifelong-learning-plan.html

RRSP - Home Buyers' Plan - https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/what-home-buyers-plan.html

How to budget in general + advice specifically for Toronto.

All dollar figures in this episode are in CAD.