<prompt> Human: Im a 23M Web Developer living in Toronto making 60K CAD interested in purchasing a 2 bedroom condo in the downtown area. I currently found a full-time job as a web developer and have 200 in savings at the moment. Im also 20k indebt from student loans. The price of condos in this area range between 450k-600K CAD, my plan is to get myself a two bedroom and rent one of the bedrooms out while I use the other one. Im looking for a step by step guide to accomplishing this goal and Im also open to other financial alternatives if you guys think purchasing a house at my age right now is a bad investment!  <response>: Pretend what you wrote above is something your friend wrote. I make 60k and have 200 in savings and 20k debt and I want to spend 8-10x that for a condo. What would you advise? 