Wednesday, April 16, 2025 / by Matthew Daniel Tamburello
HomeBuyers & Investors: How Much Does a Three-Bedroom Home Cost?
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Trinity Real Estate Consultants
647-697-6743
matthew@searchhomesingta.com
Living space, no doubt, is a premium – and a necessity for a growing family. In Toronto, the cost of a three-bedroom home is not exactly cheap compared to other cities in Ontario. Nevertheless, it may be worth considering as an investment due to the sustained rising prices of the real estate housing market.
There are only three things to think about as you look at 3-bedroom houses for sale in the city of Toronto:
1) Do you need three bedrooms?
2) Is the location a necessity?
3) Can you afford the downpayment, mortgage, and other fees?
First, the size of the property affects the price. 3-bedroom home is more costly than a 2-bedroom. For couples that are only starting a family, a 3-bedroom house may seem lavish but also practical in the long run. It is better to have space instead of being stuck in a small home as the household g. ...