Top Tips for Buying a Condo in Toronto

Whether you are looking to stop paying rent and buy your first home, or you currently own a home and are looking to downsize, a condo can be an excellent choice. As a Toronto realtor, I can confidently say that it’s all about knowing the market and your budget. Our top tips for buying a condo in Toronto:

Top Tips for Buying a Condo in Toronto

Get your Finances in Order
  • Get your Toronto condo down payment organized.
  • Make sure your condo purchase deposit is accessible.
  • Get pre-approved for a mortgage.
  • Educate yourself about closing costs.
Determine what you want
  • Build your real estate advisory team. Getting clear about what you want will require a team effort, so make sure to assemble the best team possible.
  • Decide on the kind of neighbourhood/building you want to live in.
  • Decide on what amenities are important to you.
  • Get to know the market.
  • Finalize your budget.
The Search for a Toronto Condo
  • Start your search online where there are a number of great resources available.
  • Build due diligence by researching Toronto developers and their reputations.
  • Spend some time considering the merits of the unit you’re considering.
  • Think about the merits of the neighbourhood you’re considering.

Read the full article on Buying a Condo in Toronto to learn more.


If you would like to know more about buying a condo in Toronto, or you have any questions, please visit my website at where you’ll find my contact information, as well as much more about buying and selling real estate in Toronto.