First Time Home Buyer

Is it Easy to Sell Townhomes?

Selling a townhome in Canada is generally easier compared to selling a detached or semi-detached home. Townhomes, also known as row houses, are typically more affordable single family homes, making them highly sought-after, especially in urban centers where single-family home prices continue to rise. According to data, townhome development in Canada grew by 9.9% between 2016 and 2021, reflecting increasing...

Mortgage vs Rent

Deciding whether to rent or buy a home involves weighing multiple factors—each with its own benefits and challenges. If you’re curious about how the costs compare, a rent vs buy calculator can help break down the numbers based on your situation.Well lets have a closer look at the key considerations:Upfront Costs  Buying Down Payment: Typically 5% to 20% (or more) of the...

Rent vs. Buy Calculator

Welcome to the Canada Rent vs. Buy Calculator! This powerful tool is designed to help you navigate one of the biggest financial decisions of your life—whether to rent or buy a home in Canada.If you want to know how we calculate, scroll below to see more details on this calculator. :root { --primary: #2563eb; --danger: #ef4444; --success: #10b981; --text:...

Types of Houses in Canada

Canada's housing landscape is as diverse as its geography, offering a wide range of home styles to suit different lifestyles, budgets, and regional climates.Whether you're a first-time homebuyer, an investor, or simply exploring your options, understanding the different types of houses available in Canada can help you make informed decisions. But before you go any further, we have put together...

What Do Real Estate Agents Do?

When you are buying, selling, or renting a property - real estate agents play an important role in the housing market because their primary role is facilitating transactions, and their expertise extends far beyond simple matchmaking between buyers and sellers.This guide dives into the full scope of what real estate agents do and how their services can make your real estate journey smoother and more...

Home Closing Costs for Canadian Homes

.cls-1{fill:red;}1 Buyers Closing Cost Sellers Closing Cost It is essential to budget for more than just the property's purchase price when purchasing a home in Canada.Closing costs (typically range between 1.5% and 4%) of the home's purchase price, are a collection of fees and expenses that must be settled...

Closing Costs for Sellers in Ontario

Selling a house in Ontario involves several costs that can significantly impact your net proceeds. Understanding these expenses is crucial for effective financial planning. A comprehensive overview below of the typical costs associated with selling a property in Ontario, along with a calculator will help you estimate these expenses.   body { background-color: #f9f9f9;...

How to Find and Choose the Right Real Estate Agent or Realtor (Detailed Guide) for Canadians

Step 1: Understanding the Role of a Real Estate AgentIt is crucial to understand what a real estate agent does and how they can facilitate you before diving into your search for the right agent.For Buyers: Real estate agents help you accomplish many tasks like; finding properties that match your criteria then arranging showings & providing insights into local markets, and negotiating offers.For...

How to Interview a Real Estate Agent

When buying or selling a property the selection of the right real estate agent is critical. A good agent can simplify the process, save you time and money, and help you achieve your goals.To ensure you make an informed decision about the agent selection, follow this step-by-step guide on how to interview a real estate agent. Prepare for the InterviewTake time to prepare the interview before you meet...

Pros and Cons of Using a Real Estate Agent

Navigating the real estate market is a major endeavor, whether you're buying or selling a property. A real estate agent can provide expertise and guidance, but the decision to work with one requires careful consideration. This guide outlines the pros and cons of using an agent and emphasizes the importance of thorough vetting before hiring. If you are new to real estate, you may want to learn the...

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