What $870K can buy you in Toronto ahead of the new mortgage rules

Oct 14, 2016

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What can $869,000 buy you in Toronto’s hot real estate market? One home in the city’s west end of Trinity Bellwoods is listed at that price, just as Canada’s stricter mortgage stress test rules take effect on Monday.

According to ITS listing, the three-bedroom, two-bathroom semi-detached home features nine-foot ceilings, a renovated kitchen and partially finished basement. BNN’s Jameson Berkow reports.