It’s easy to shop local in these Toronto neighbourhoods

The convenience of big brands can have a certain appeal, but local businesses are what make a place truly unique. They add character to a neighbourhood and give you a special reason to visit. Luckily for Torontonians, we have thousands of local businesses – all of whom need our support ...

Toronto neighbourhoods to live in if you don’t want a car

Living in a big city like Toronto comes with plenty of perks, one of which is the ability to walk or use Toronto transit instead of putting wear and tear on your vehicle. When you live in certain neighbourhoods, you may be able to get away with not having your own car at all. Most everything your family could need is within walking distance, and what isn’t available locally is just a short TTC ride away.

Toronto real estate: What $1M will buy you across the city

Just how much will home can $1 million buy you? The answer, of course, depends on where you’re shopping. When you’re buying a house in the Greater Toronto Area, you’ll find a lot of variety in the types of houses for sale (and their prices) by neighbourhoods. Here’s a look at $1M homes in some popular areas to live across Toronto.

The perks of buying a home in the winter

Most people considering a move know that spring is traditionally the peak season for real estate. There’s usually more inventory available, and yards look nicer when they’re not buried in snow. However, there’s a strong case for buying in the winter – especially when you can buy now and sell later by working with Properly. The late fall and winter months – November through February – are a great time to buy a home across Canada, and particularly in hot markets like Toronto. Here’s a look at some of the benefits of winter buying that you might not have expected:

Should you buy first or sell first?

After spending a lot more time at home this past year, you might be considering moving to a quieter neighbourhood, or looking to upsize so you and your family have more living space. One question that has likely come up as you’ve thought about your move: should you sell your current home first or buy first and worry about the sale later? Managing a purchase and sale at the same time is no walk in the park no matter which transaction you focus on first, so we’ve outlined the pros and cons to help you determine whether buying or selling first is best for you and your family.

A breakdown of Toronto real estate fees

Here’s a closer look at what you can expect to pay in Toronto real estate fees. Looking to buy a new home in Toronto, but need to sell your old place first? One of the fees you’ll be expected to pay is your Realtor’s commission and the commission for the buyer’s agent. These fees are calculated as a percentage of the home’s final selling price, which can have a significant impact on how much you actually earn from the transaction.

Home Buying 101: How to upgrade to a new home in Canada

Let’s talk buying a new home. Whether you’re moving out of your first condo, trading-up from your current home to accommodate a growing family, or looking for a home with some outdoor space, the home upgrade process has a lot of moving parts you’ll need to consider. We’ve broken the process of home buying into simple steps so you can feel prepared for the exciting journey ahead.

How much does it cost to close on a home?

After the mortgage approval process and the offer, the only thing standing between you and your new home is the closing. During a real estate closing, the property title transfers from the seller to the buyer. You’ll sign several documents prepared by the escrow company and closing agent and pay your share of the closing costs. And when it’s all done, you’ll officially be a homeowner! Here’s a closer look at the process and how you can prepare for a smooth transition.

9 things to look for during an open house or home tour

Nobody wants to buy a house with problems. If you’re on the hunt for a place to call your own, you should do your due diligence by getting a home inspection before signing the paperwork to ensure you’re not investing in costly issues. When you work with Properly, our team of experts will help you manage the inspection, along with anything else you need to ensure a smooth closing.

Is Now a Good Time to Buy a Home in Canada?

Is now a good time to buy a home in Canada? Due to COVID-19, you may be hearing conflicting information about the state of the real estate market and the Canadian economy. Below are some questions we’ve been hearing from people looking to sell their current home and upgrade into a new home:

Mortgages 101: Your guide to mortgage options when buying a home in Canada

Finding your dream home is challenging enough, but many home buyers will agree that the mortgage process is the bigger mountain to climb. Not only do you have multiple types of mortgages to explore, but each one comes with its own unique requirements, advantages, and disadvantages to consider. If you’re feeling confused or overwhelmed about your mortgage options in Canada, this mortgage guide is for you.

Guide To Mortgage Insurance For Sellers And Buyers

When it comes to buying or selling your home, you need to consider how mortgage insurance will impact the finances of the transaction. This article will explain how the two types of mortgage insurance are used, and offer a few tips on how to minimize the impact on your finances.

How Important Is Your Credit Score When Getting A Mortgage?

When applying for a mortgage, lenders consider several factors: your income, the size of your down payment, the property itself and last, but certainly not least, your credit score. It can be easy to overlook your credit score, since after all, we don’t learn about credit scores in school. However, that would be a big mistake! A good credit score can mean the difference between getting a mortgage at a low-interest rate and having to pay much more.

The Counter Offer: How to Negotiate a Real Estate Deal

Every successful real estate transaction is preceded by a series of negotiations. This negotiating process is driven by what’s known as a counteroffer. A counteroffer states that the seller has accepted a buyer’s offer – but only if one or more changes are made to the offer’s terms. It’s common for a counteroffer to stipulate changes to various contract items, such as: