Your Definitive Guide to the Toronto Condo Market & GTA Real Estate
Things are changing fast, and it’s hard to stay on top of everything. That’s why we've created this space: to help you stay in the loop with what's happening in the Toronto and GTA housing market.
What does it cost to buy a condo?
It’s more than the list price you see online – there’s also stuff like mortgage insurance, land transfer taxes and closing costs to think about.
The costs of owning a condo
When you own a condo, your monthly mortgage payment won’t be your only cost. Here’s a rundown that’ll help you predict your budget.
Read up on down payments
Get the scoop on rules around maximums and minimums, the pros and cons of big and small down payments, factors to consider and more.
How much can I afford?
Get the scoop on figuring out how much you can spend on your new condo.
Do I need mortgage insurance from my bank?
Your lender will offer you mortgage protection insurance that pays off your mortgage in case you die, but regular old life insurance is cheaper and better. Here’s why.
Decisions, Decisions
As a first-time buyer, you’ve got a lot of decisions to make before you even start looking.