1% Toronto 1% Toronto
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- Education
2 friends giving advice on how to make living in Toronto easier.
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Episode 4 - Personal Finance Series - Real Estate
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 -
Episode 3 - Personal Finance Series - Investing
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 -
Episode 2 - Personal Finance Series - Saving
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 -
Episode 1 - Personal Finance Series - Budgeting
How to budget in general + advice specifically for Toronto.
All dollar figures in this episode are in CAD.