Frequently Asked Questions

Detached and semi-detached

Townhouses (condo or freehold)

Condo apartments

Property value

• GTA:
• City of Toronto: $500,000 to $2,750,000
• Mississauga, Brampton Richmond Hill, Vaughan, Markham, Caledon, and Oakville: $500,000 to $2,250,000
• Remaining GTA regions: $500,000 to $1,500,000
• Greater Vancouver Area:
• Vancouver, North Vancouver, and Richmond: $750,000 to $2,750,000
• West Vancouver: $1,250,000 to $2,500,000
• Burnaby: $750,000 to $2,500,000
• Abbotsford, Langley, North Delta, Surrey: $600,000 to $1,750,000
• Coquitlam, Delta/Ladner, Maple Ridge/Pitt Meadows, New Westminster, Port Coquitlam, Port Moody, Squamish, Tsawwassen: $500,000 to $2,250,000

• GTA:
• City of Toronto: $500,00 to $2,000,000
• Mississauga, Brampton Richmond Hill, Vaughan, Markham, and Oakville: $500,000 to $1,750,000
• Rest of GTA: $500,000 to $1,500,000
• Greater Vancouver Area:
• Vancouver and North Vancouver: $500,000 to $1,500,000
• No West Vancouver Towns
• Richmond and Burnaby: $500,000 to $1,250,000
• Abbotsford, Langley, North Delta, Surrey: $300,000 to $1,000,000
• Coquitlam, Delta/Ladner, Maple Ridge/Pitt Meadows, New Westminster, Port Coquitlam, Port Moody, Squamish, Tsawwassen: $0 to $1,250,000

• All of GTA: $300,000 and $1,000,000
• Greater Vancouver Area:
• Vancouver and North Vancouver: $0 to $1,250,000
• West Vancouver: $500,000 to $1,250,000
• Burnaby: $0 to $1,000,000
• Abbotsford, Langley, North Delta, Surrey: $0 to $500,000
• Richmond, Coquitlam, Delta/Ladner, Maple Ridge/Pitt Meadows, New Westminster, Port Coquitlam, Port Moody, Squamish, Tsawwassen: $0 to $750,000

Age

No age restriction

• Greater Toronto Area:
  • If standalone without units on top:
    • No age restriction
  • If stacked townhouse:
    • Built after 2000
• Greater Vancouver Area: 
  • Built after 1990

• Greater Toronto Area:
• Built after 2000
• Greater Vancouver Area
• Built after 1990

Home features

• Greater Toronto Area:
• 1+ full bathrooms
• All:
• 2+ bedrooms above ground
• 1-acre lot size or smaller

• Condo townhomes and freehold townhomes, non-stacked:
  • Greater Toronto Area: 1+ full bathrooms
  • All other: 1+ full bathrooms and 1+ half bathrooms
  • 2+ bedrooms above ground
  • 1-acre lot size or smaller

• Stacked condo townhomes:
  • Not a studio (0 bedrooms)
  • Not a condo-hotel
  • Maint. fees <$1.10 / sq ft
  • Not leased at the time of closing
  • Not on the CMHC blacklist (i.e. able to be insured)

• Not a studio (0 bedrooms)
• Not a condo-hotel
• Maint. fees <$1.10 / sq ft
• Not leased at the time of closing
• Not on the CMHC blacklist (i.e. able to be insured)

Other restrictions

• Not in Dufferin County or Simcoe County
• Not in age-restricted communities
• Not in a flood zone
• Not used for grow-op
• Free of foundation issues
• Free of Masonite woodruff roofs
• Not leased at the time of closing
• Not on designated (or under dispute for designation) as First Nation reserves, Tribal Councils, political organizations and land covered by treaties
• Sale Assurance is not available in Anmore, Belcarra, Bowen Island, Egmont, Furry Creek, Galiano Island/Mayne Islane/Saturna Island, Gibsons/Langdale, Garden Bay, Halfmoon Bay, Keats Island, Lions Bay, Madeira Park, Mission, Pemberton, Roberts Creek, Sechelt, Whistler, or White Rock.