October 2021

Canada Mortgage and Housing Commission’s definition of a First Time Home Buyer is: 

Anyone who has not owned a home as their principle residence either jointly of separ...

The best indications of market value come from recent sales of properties that compare in terms of location, lot size, age, and condition of home. Recent sales indicate what people have been prepared to pay for similar properties in a given market.

Property Currently Listed on the Market:

To determine the value of y...

Your largest cost at the beginning is your down payment. As a first time buyer, this would likely represent 5 - 10% of the purchase price.

However, you should be prepared to pay for additional costs, such as:

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