4 Tips to find your dream home in Toronto

Posted by Listatto Toronto on February 23rd, 2021

Hunting for Homes for sale in Toronto is similar to any other shopping expedition. If you identify what you need and do some research, you'll zoom in on the home you need at the most excellent cost. It's the greatest purchase of your life, and even little mistakes can be costly.

So we've drawn up a house-buying battle-plan, with four tips for first-time buyers and home movers. This guide includes how to squeeze sellers for data, doing your research, hidden costs to be wary of, and a deal-breaker checklist of tips about buying at auctions.

1- Use the right property finding site

Gone are the days when peering into estate agents' windows was the only way to see what your money might get you within the area you need to buy-in. Now there are plenty of property search online sites. But keep in mind, inquiring costs of houses for sale in Toronto are often wildly optimistic, showing what the dealer needs, not what they'll get.

So ask yourself: do properties listed where you want to purchase and stay around for a while, or are they snapped up? Is there a steady supply of the sort of home you're considering buying, or are they few or far between?

2- Talk to your local estate agent

A few homes are sold before they appear online, so it's also worth getting pally with a neighbourhood estate agent to hear as soon as a place hits its books. Also, tell them what sort of property you're seeking out for and your budget. 

They should be able to give you an idea of how realistic it is, how numerous other buyers you may expect to be up against and how long it's taking on average for that sort of property to sell. 

3- Check out the neighbourhood before you finalized the offer

Lurk the neighbourhood on foot a chase for clues. Visit the parks and bars at different times of the day. Are cars clean and well-maintained? Do you like the nearby shops and restaurants? Are walls scrawled with spray paint? In the worst cases, are there drug merchants or prostitutes on road corners at night? Get the lowdown from local people and ask a nearby bobby or neighbourhood watch coordinator. 

4- Ask the seller for more information

Before you finalize an offer to any property you viewed, you must ask as many questions as you want, and most importantly, you can get in writing any crucial answer. Here are some questions you can ask:

1- How long is the lease?

2- Are there any nearby local disputes?

3- What renovation has been done?

4- How many offers have the house had?

5- When was last rewired had done?

To conclude

These were some tips for finding the right property in Toronto.

Adam Simmons is the author of this article. For more details about Toronto Real Estate please visit our website: listatto.com