Before you start exploring homes, it’s important to know exactly what fits within your budget.

Begin by speaking with a lender or mortgage broker to get pre-approved.

Getting pre-approved gives you a clear idea of your borrowing power, locks in an interest rate, and shows sellers that you’re a serious and qualified buyer.

Before you start viewing properties, take time to define what matters most to you. A clear list will help focus your search and guide your decisions.

• Preferred neighbourhoods – Consider proximity to schools, public transit, parks, and amenities.

• Property type – Decide whether you’re looking for a condo, townhouse, detached home, or another style.

• Must-have features – Think about essentials like number of bedrooms, parking, outdoor space, or accessibility.

Choose a real estate professional who understands the Ontario market and can advocate for your interests throughout the process.

• Sign a Buyer Representation Agreement (BRA) to formalize your relationship and ensure you’re fully represented.

Your REALTOR® will help you find suitable listings, schedule property viewings, and navigate negotiations with confidence and clarity.

Would you like help polishing the next steps or formatting the full guide into a checklist, brochure, or interactive layout? I can also tailor the tone for first-time buyers or professional audiences.

Tour homes that fit your criteria.

1. • Attend showings and open houses.
2. • Ask questions about the property, neighbourhood, and recent sales.
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Take notes and compare.

When you find the right home, your REALTOR® will help you prepare an Agreement of Purchase and Sale (APS).

1. • Decide on the offer price, closing date, and conditions (such as financing, inspection, or status certificate review for condos).
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The seller can accept, reject, or counter your offer.

If your offer is accepted:

1. • You must provide a deposit (usually 5%) of the purchase price.
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The deposit is held in trust by the listing brokerage until closing.

Common conditions include:

1. • Financing Approval – Final confirmation from your lender.
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• Home Inspection – Identifies hidden issues that could affect your decision.

Status Certificate (for condos) – Reveals the financial health of the condo corporation.

In Ontario, it’s mandatory to have a lawyer to complete the transaction.

1. • They will review the agreement, conduct a title search, and prepare closing documents.

Your lawyer ensures your rights are protected and funds are transferred securely.

Your lender requires proof of homeowner’s insurance before releasing mortgage funds.

1. • Insurance should cover the structure, contents, and liability.

With conditions fulfilled, your lender will finalize your mortgage.

• You’ll sign the official documents confirming your loan and repayment terms.

On the agreed closing date:

1. • Your lawyer transfers funds to the seller’s lawyer.
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3. • The property title is registered in your name.
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5. • You pay the balance due, land transfer tax, and closing costs.
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7. • Once complete — you receive your keys!