My wife bought a condo a few years ago for $450k. It's at Yonge/Finch, 2bed/2bath with parking/locker. High floor, corner suite, nice view. 7 years old.
She put 40% down so that she could afford the mortgage payments.
Now we rent it out for $2050.
We used to rent for for $2300.
Was vacant for 3...