Compare the true cost of renting versus buying a home in Canada.
Better Financial Choice
Buy
$47,095 better off after 10 years
Buying: Equity
$451,512
Renting: Investments
$404,418
Whether you rent or buy, Waypoint Budget helps you manage your housing costs and savings.
Disclaimer: This calculator is for educational and informational purposes only and does not constitute financial, tax, or legal advice. Results are estimates based on simplified assumptions and may not reflect your actual situation. Tax laws, contribution limits, and regulations change frequently. Always consult a qualified financial advisor or tax professional before making financial decisions. See our Terms of Service for full details.