Adventures in real estate: I finally cracked Toronto’s housing market—by buying a place with my parents

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My husband and I were living happily as Annex renters. Then, in 2020, we got pregnant and needed a place to raise a family

My husband, Michel, an architect by training working in the construction industry, and I were living a happy life as renters. We had been residents of the Annex since 2017, calling the upstairs unit of a semi-detached house our home. We never needed a car, just our bikes and public transit. We loved how close Bathurst station was. We loved Bloor.yet we couldn’t afford the downtown market. If Michel and I were to buy a house outright, it would have had to be outside the city.

I’ll admit, I was initially worried about how Michel would react to the idea of living with his in-laws. But he was on board from the start. He wanted a new family home as much as I did. We had been saving for a down payment, but it was a losing battle: the skyrocketing price of the average Toronto home was outpacing us.

Our goal was to find a move-in-ready house to avoid having to set aside money for renovations. The first five or six properties we saw Then, in March 2022, after about five months of searching, we came upon the listing: a $1.73-million, three-storey, semi-detached house with a finished basement in High Park north, close to the Junction. It was in good shape. It also came with a two-car garage, a leafy backyard linked to the basement at grade, and two 1,200-square-foot units that each had their own kitchen and outdoor area.

 

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