Research on hours/condo prices and mortgage alternatives in all around GTA and nearby cities ( Hamilton, Niagara, Ajax, etc). Decide to rent or mortgage option including all the house/condo related expanses (maintenance fee, house winter summer maintenance etc.) and choose one option and give smart reasons for it. You may consider rent expense increase. Two alternatives you have 1-buy house or condo or townhouse 2- Rent and use the money in other investments and create wealth. You can use historical data in research.