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Today: 17.01.2018 - 14:27:31
   Canada Mortgage Hub Discussion Board -> Mortgage Ottawa -> Is 100K a year in Canada(Toronto,montreal,ottawa,Vancouver…
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promplastik-msk

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Is 100K a year in Canada(Toronto,montreal,ottawa,Vancouver…
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ou6

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It's not bad, it's more than most people, but you won't be incredibly rich either. Cost of living is different in each of those cities - Ottawa and Montreal and more affordable to live in, and Vancouver is pretty expensive. A nice house in Toronto starts at 250k, so unless you have a lot of savings, you'll still have a fairly sized mortgage. And you have to pay a lot in taxes, so your take home pay from 100k is more like 65-70k. But certainly, you shouldn't be struggling at 100k.
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