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Bear in mind that if you're going from a rental, especially an apartment, to your own house there are a ton of things you'll need to buy the first year - lawnmower, gardening tools, patio furniture, barbecue, bigger/better vacuum cleaner, little repairs from the inspection report, possibly more furniture for a larger space and so on .... You'll be staggered how much you'll spend at Home Depot and Canadian Tire :)

I own a 100 yr old but upgraded house and (beyond upgrades we wanted) about $1,200 or so per annum has done us the last couple of years. We do put $150/mo into a specific home maintenance account, as ING makes it easy. But who knows, it very much depends on the place you're buying. Maybe ask the neighbours?
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