Do you want to buy a home in Toronto? Brace yourself for the down payment! Here's the deal:

Under $500k? You need 5%, or $25k.
$500k-$999k? It's 5% on the first $500k, 10% on the rest. That's $75k for a million-dollar property.
$1M or more? Prepare for a 20% down payment. That's $200k!

Know your budget: Condos range $900-$1,100/sqft, houses over a mil.

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