Overview of Greater Toronto Area housing market activity during January 2021.

Love it for the unique story behind it….

The Versailles inspired mansion was featured in the Emmy award winning Canadian show Schitt’s Creek. Fan’s of the show take note! The Belle Maison, located in the the prestigious St. Andrews-Winfield Toronto area, boasts 12 bedrooms, 16 washrooms, Sistine Chapel inspired frescoes, ornately carved limestone, indoor and outdoor pools, a gym, theatre, grand marble staircase and 4 car garage.

Becoming a homeowner is a major milestone in life, and if you're buying a house in Toronto, there are a few key elements you should keep in mind during the process. From the financial preparation to walking through your new front door, here are our top tips to consider during your house hunting journey.

1. Evaluate Your Finances

Some home buyers have spent years saving up for a down payment, but that doesn't have to be the case in every scenario. The best way to evaluate your price range is to pre-qualify for a mortgage at your bank. With this information, you can then start researching the different neighbourhoods of Toronto to see which is in your price range.

This is a great point to go ahead and bring in a realtor to help you evaluate your price setting and keep your house goals realistic.

2. Consider the District

Each individual or family is going to need different things when it comes to their neighbourhood and community. Do you have small children that will be going to school for the next several years? That is a major factor to take into consideration when choosing a neighbourhood for your house hunt.

But if your children are older, you might be willing to drive them to school for a year or two across town so you can be in a neighbourhood better suited for the empty-nester you will soon be. Or maybe you don't plan on having children at all, which means other determining factors will come into play. It's important to reflect and research all the ends and outs of each neighbourhood so you can make the best decision for your lifestyle.

3. Decide What You Can't Live Without

Now that you know your price range and your top choices of neighbourhoods, you should consider the things that your new house NEEDS to have. How many bedrooms does your family require? Do you need a large backyard for your pet? Make a list of must-haves, but also a list of things you'd like to have, but that you are flexible on. This list is important to keep with you on your house hunt!

4. Start the Hunt

If you haven't contacted a realtor yet during the process, this is the point where having an expert on your team will make the process exciting instead of daunting. And that's important because the actual house hunting is the best part! You'll attend showings and see inside the current homes on the market. Keep your must-haves list in mind, and be prepared to make an offer quickly, as houses in Toronto can go fast.

Because the housing market in the Greater Toronto Area is competitive, be sure to choose more than one house to make an offer on, just in case you don't get your first pick.

5. Closing the Deal

Once your offer is accepted, you're nearly there! You'll then book a home inspection of the house and an appraisal before finalizing your mortgage approval. All that's left is to sign the papers and hire a moving company.

Buying a house is exciting, and having an expert on your side makes all the difference. Call Nancy at 416-985-1486 or Dave at 416-894-4079 at GTASelling.com to start your journey as a homeowner off on the right foot.

Overview of Greater Toronto Area housing market activity during December 2020.

Overview of Greater Toronto Area housing market activity during November 2020.

Overview of Greater Toronto Area housing market activity during October 2020.

Overview of Greater Toronto Area housing market activity during August 2020

The coronavirus pandemic is creating a unique set of circumstances for nearly every industry. The received wisdom isn't always working these days, and if you're trying to sell your home during the pandemic, you need more than just general knowledge about the Toronto housing market. You need specific, real-time information about how things are playing out.

Navigating the Toronto Housing Market in Uncertain Times

1. Know What's Happening

The Bad News

Overview of Greater Toronto Area housing market activity during August 2020

Real estate in the Toronto area has been more popular than ever in the last couple of years - Toronto and its neighbouring areas are the places to be for young people, growing families, and those who are interested in taking advantage of the easy commute options to get around the city. But is Etobicoke real estate a good investment overall? Yes, and we're happy to explain why.

3 Ways Etobicoke Real Estate Is a Good Investment

1. First-Time Buyers

New Developments Are Popping Up Everywhere

2. House Flippers

Renovate Classic Residential Neighborhoods

3. Property Investors

Why Renting Your Property Out Is a Good Idea

Overview of Greater Toronto Area housing market activity during July 2020   

House hunting in the Greater Toronto Area can feel daunting. Whether you are buying or selling a house, where do you go for the best Mississauga real estate? Let's take a look at how to find an agent who understands the market and knows how to work for you.

4 Places to Find the Best Mississauga Real Estate 

1. From a Knowledgeable Real Estate Agent in Your Area

When you are looking to buy property, you want someone who knows what they're doing. We give individual attention to each of our clients to ensure the best possible results. If you are a first-time homebuyer, you need an agent who can take you from the first step to the last without unnecessary stress.

If you are selling Mississauga real estate, you want an agent who shows off the best parts of your home and who can match you with a good buyer. Selling a home is more than just throwing a few photos together and listing specifications. Our proficient agents understand all the details associated with home buying.
 

2. From a User-Friendly Website

Another important aspect of a good real estate company a website that is easy to use. Our website includes sections for: 

• Buyer information
• Seller information
• Specific neighbourhoods
• Listed properties
• Customer testimonials

The Properties section is a great way to browse properties for sale in the Toronto and Etobicoke areas. If you are a seller, you can also get an idea of home prices in your area or for the type of property you're selling.

3. From an Agency With Expertise

When it comes to selling your house, you want an agency with experienced professionals. Keep in mind that a good seller uses excellent photographers and videographers, smart home-staging consultants, and intuitive marketing consultants. Experienced agencies also work with professional home inspectors and contractors.

You also want a good agent on your side when you are purchasing Mississauga real estate property. We won't sell you a property that doesn't fit your needs: you should be able to trust your agent, which is why we work hard to ensure good communication and personalized service.

4. From Agents With Proven Results

Look for an agency with accurate information about the real estate market in Toronto. We employ the use of analytics to maintain up-to-date reports on home prices in Toronto neighbourhoods. We also regularly post our analytics results on our Blogs page.

We take care of our clients, and we stay up-to-date on the latest in real estate development so our information is always accurate and helpful. If you have a question, we want to answer it. If you are thinking about buying or selling a home in the Greater Toronto Area, we want to help there, too.

Whether you are ready to sell, buy, or just thinking about real estate at this stage, contact Greater Toronto Area Real Estate today. Our agents can answer your questions and get you to the next step in your home buying or home selling experience.