Ratehub.ca did an analysis of the income needed to purchase a house in different Canadian cities. At the moment the annual income required in Ottawa is $122,440.
Here is the annual income required for other Canadian cities:
- Vancouver: $212,800
- Toronto: $207,000
- Victoria: $169,250
- Hamilton: $159,100
- Calgary: $105,680
- Montreal: $103,560
- Halifax: $102,260
- Edmonton: $79,370
- Winnipeg: $72,500
