@michaelduggaltoronto: If you're planning to purchase a home in Canada, understanding the time required to save for a down payment is crucial. Assuming you save 10% of your monthly income, here are the estimated timelines for major cities: - Winnipeg: The quickest, taking around 29 months. - Edmonton: Close behind, requiring approximately 30 months. - Calgary: Allotting about 36 months or three years. - Toronto: Saving for a 20% down payment, with the average home price at $1.2 million, would take 300 months (25 years). - Vancouver: Saving for a down payment in this city would take approximately 342 months (28.5 years). #torontorealtor #torontorealestate #exprealty #exprealtycanada #exprealtyontario #exprealtytoronto #realtortoronto #torontorealestateagent #realestatetoronto #torontorealestate #gtarealestate #gtarealtor #tomferry #rickycarruth #remaxtoronto #century21toronto #kellerwilliams #homelife #Humberrealestate #humbertoronto #realestatetraining #orea #royallepage #newrealestateagent