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John Helfrich, Broker, Real Estate Homeward , Brokerage | 416.698.2090 | Direct: 416.464.8920 | John@EastEndTorontoHomes.com

There's no one single answer to 'How To Buy A Home In Toronto'. But these tips will help!

Whether you’ve lived here all your life or just moved here from another country, it’s challenging to buy a home in Toronto. It’s expensive, lending rules keep changing, and we sometimes have bidding wars.

If you're looking at East End Toronto Real Estate Listings or even just thinking about it, here’s how you can increase your clout when it’s your time to buy a home in Toronto - for the best price.

1. First-time Buyers Need to Hire Experience!

The bad news is – you can’t rely on your buddy who just got his licence and works part time in the Toronto Market. Or for that matter your aunt who was a dynamo 20 years ago but now isn't quite sure about Toronto Home prices.  That’s a recipe for disaster! If you’re a first time buyer and you're just learning how to buy a home, carefully select an experienced, full-time agent and rely on them.

2. First time Buyers Need to Get Educated First!

Start out by downloading our First Time Buyers Guide. It covers all the steps you’ll take to buy a home in Toronto, in a quick, easy to read format.

In a short while you’ll be better educated than most of the other buyers you’re competing against. More knowledge gives you more power in your negotiations with the Banks, with Sellers, and even with Real Estate Agents.

3. You shouldn't call Mortgage Lender until you've read 'The Mortgage 101 Guide'

In many ways, if you want to buy a home in Toronto, it’s the Bank who will decide what kind of home you’ll buy – or at least how much you can afford to pay for it.

Get The Mortgage 101 Guide. It covers everything from ‘how much can I afford’ to ‘where to get the best rate’. Learn how the banks determine your creditworthiness – and how you can influence that. Find your credit/Beacon score. Use my favourite mortgage/land transfer tax/CMHC-fee calculator to make better financing decisions.

4. No Matter What Your Circumstances - There's a Step By Step Process for Moving from Renting to Owning

You’re tired of spending money on rent and paying someone else’s mortgage. But don’t give your landlord notice just yet.

Our Stop Renting Start Owning Guide will help you buy a home in Toronto faster and still get the best price. You’ll learn how to match your closing with your rental termination, how increase your down payment with tax rebates, and why some people can’t use their RRSP for a down payment.

5. Yes, it's possible to Buy a House with Zero Down-Payment

Are prices going up faster than your savings? Are you worried that you’ll never be able to buy a home in Toronto if you wait to get a 5% down payment?

No-down payment purchase options (more accurately called cash-back mortgages) exist today and most financial institutions carry them. This kind of program is intended for people with good credit, good income, but little or no savings. Find out how to buy a home in Toronto with no money down.

Neighbourhoods Change. For Better? Or worse?

Get in touch with us to find out which neighbourhoods may be the best fit for you, relative to price, schools, transit, and safety. Maybe there are pockets just outside of your preferred area that are up-and-coming...and affordable! Then again, we may steer you away from an area that’s recently had some trouble.

If you want to buy a home in East End Toronto, read these Community Info Pages first: The Beaches, Riverdale, LeslievilleDanforth Village / Danforth Mosaic / East Danforth.

You can also click here to contact me immediately!

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John Helrich Eat End Toronto Testimonials

John was highly recommended to me by a friend. Right from my first conversation with him I knew he was the right realtor for me. He patiently took time to...

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