Owning a new home – especially a condo in an amazing city like Toronto – is definitely an exciting prospect. But it can be kind of a daunting one, too. Where do you start? What do you need to know? How is buying a condo different than buying a house? What’s a reserve fee and what exactly does amortization mean?
Don’t worry, your Condo Pro has got you covered – they’ll guide you through the ins and outs of searching, buying, getting a mortgage and more. But it’s also good to educate yourself a bit before you start looking: having a better sense of what you want and what you can afford will make the process a lot easier, and it’ll help you hit the ground running.
Just starting to think about buying a condo but don’t know much about it? Start here. You’ll find info about what a condo is, how it’s run, and get some ideas on whether or not a condo is the right choice for you.
How much can I afford? What does amortization mean? How big a down payment do I need to save? Get smart about the financial side of buying a condo with these quick, easy-to-understand articles.
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As a first-time buyer, you’ve got a lot of decisions to make before you even start looking. Should you buy or keep renting? Do you want a condo or a house? Pre-construction or resale? Downtown or ‘burbs? Parking spot or no parking spot?
From the start of your search to making an offer to closing day, everything you need to know about the process of buying a Toronto condo for the first time.
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When you're buying your first condo, you don't have to go it alone. What you need to know about putting together the real estate "dream team" that'll help you land the perfect place.