Gabe Gala
Sales Representative
gabe@gabegalarealty.com

Right at Home Realty Inc.
Brokerage

1396 Don Mills Rd B121
Toronto, Ontario M3B-0A7


Phone: 416-391-3232
Mobile: 647-470-9992
Fax: 416-391-0319

 

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- About Gabe Gala

 

 

After playing soccer professionally for his hometown team, Toronto F.C. Gabe now translates his love for the city into helping great people find great homes! Contact Gabe Gala if you are looking for rental, selling and buying information in the Toronto Area!

 

 

 

 

 

Renting vs. Home Ownership

Renting vs. Home Ownership

This is a decision which many people face, and the decision is not as easy to make as it may sound.

As a homeowner, you can reasonably expect the equity in your home to increase over time as your mortgage is paid down. That, combined with regular appreciation in property values, can be a rapid and rewarding way to increase your net worth. In contrast, the person renting over the same amount of time is left with no property investment but may have enjoyed lower living expenses and the opportunity to invest in other opportunities.

When comparing owning to renting, you have to add up all of the figures, including the cost of your home, the size of your down payment, utilities, immediate repairs, interest rates and insurance, and compare them with how much you are currently spending on rent.

Of course, you also have to place a value on the enjoyment and satisfaction that you will derive from owning your own home.


   

Liberty Village

Queen West Village

King West Village

Apartment/Condo Rentals

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