This Etobicoke couple makes $157,000 a year. How do they spend it?

Dear reader,

In this edition of Curb Appeal: an Etobicoke couple who've managed to find financial balance even in the face of inflation. Plus, three realtors on why they sold at a discount, and an inside look at a brand-new 1,900-square-foot Cedarvale townhouse that comes with one month of free rent.

Marion Rana and Jarelle Gabison recently made the move from Mississauga to a one-bedroom condo near Islington station. With a combined salary of $157,000, the two have built a financial safety net by dividing their present and future expenses. “Most of his income goes to investments and savings,” says Jarelle, “while mine goes to everyday spending.” Check out this item-by-item roundup of how Marion and Jarelle make ends meet.

Most agents agree that growing demand and limited inventory mean sellers have the upper hand this spring and are looking to spark bidding wars. Here, three different realtors selling three very different three-bedroom homes explain why they sold at a discount.

This three-storey, 900-square-foot unit in Cedarvale is currently available for $5,500 a month. The rental has never been lived in and comes with four bedrooms, three bathrooms, two parking spots and one glass staircase.

After two years of takeout and home cooking, Toronto diners are keen to splurge on caviar, seafood towers and prime cuts of beef. And this is all happening at a time when chicken breasts are going for $23 a kilogram and we’re price-matching at supermarkets like it’s a blood sport. The message, in short, is that if people choose to dine out, they’re going big. In our June issue, 20 restaurants where we’re more than happy to put our money where our mouths are. Still not receiving Toronto Life at home? Subscribe today.