What if I wait?
Markets move in cycles. Prices and rates balance each other out. Fill in your numbers and see what each path actually looks like — buying today, waiting for prices to move, or staying in rent.
I'm in a ⓘSingle = one income earner. Dual = two or more. income household of looking in .
I earn $ a year, have $ saved, and my credit is .
I pay $ in rent right now, $ in monthly debt payments, around ⓘIncludes food, transit/car, phone, internet, personal care, insurance, recreation, and miscellaneous. Sourced from Statistics Canada Survey of Household Spending 2023. in other monthly living expenses, and about for hydro, gas, and water.
I'm thinking about waiting .
These numbers are estimates — not promises.
They come from real Ontario sold and leased data that's a few months old. Your actual numbers depend on the specific home, your finances, and what the market is doing on the day you transact. Don't make a decision based only on this calculator.
For a real answer, talk to a professional.
Rates and prices change every week. A current pre-approval locks in what you can afford today. Speak to a licensed mortgage broker. Don't know who to call? Message Ayo — he works with trusted pros and can introduce you.
What I can help with directly.
Neighbourhoods, specific homes, condo bylaws, verifying rent numbers, negotiating, and every step between “I'm interested” and keys in hand — that's a conversation, not a calculator. WhatsApp me or book a 15-minute call.
By Ayo Macaulay, Salesperson, eXp Realty, Brokerage. Licence #5037859. Independently owned and operated. Not intended to solicit buyers or sellers currently under contract. Regulated by the Real Estate Council of Ontario (RECO).
This content is for informational purposes only and does not constitute financial, legal, or tax advice. Projections are based on historical averages and are not guarantees of future performance.