Renting verses Buying

For new comers to Canada, renting a basement or a condo is the first step before he establishes himself. One must understand the financial implications in the long run from investments point of view.

Advantages Of Renting:

- One can move basically anytime you want, within the parameters of your lease agreement.        
- You don't have to pay for improvements.
- You don't have to hire anyone to do the improvements.

Advantages Of Buying:

 - Net worth increases as you pay your mortgage and your home appreciates in value         
- You pay less taxes to the government than if you are renting
- You can make your home the way you want it--add the colors you like, the carpeting you prefer, etc.
- Instead of "making your landlord rich", you are contributing to your future.
- Sense of community, stability, and security
- Not dependent on landlord to maintain the property

For details check this link:

http://greatgtahomes.com/rentvsbuycalculator

:

Looking For A Place To Rent

Serach your next rental home in Toronto, Mississauga, Brampton, Milton or anywhere in GTA area.

http://greatgtahomes.com/Peel-and-GTA-Rentals

and 

http://www.justlistedingta.com

 Please note that  renting a place does need credit checks, first and last, employment letter, post dated cheques, references etc. If you have any question, I can be contacted at 416 562 8417 and I will be happy to assist.