Buying a new condo in the GTA is exciting. It’s not like buying an old one but don’t worry. We’ll help you every step of the way. Let’s look at the main parts of buying a new condo.
- Get Early Info
Sign up for builders’ VIP lists. You’ll get details about new condos before others do. This helps you pick the best unit for you. You can contact us as well for early access to desirable condos or pre-construction homes in GTA.
- Find Good Help
Work with people who know about buying condos. Get a good real estate agent, lawyer, and mortgage broker. They’ll make things easier for you. We specialize in pre-construction and you are always welcome to discuss your property needs with our team.
- Secure Financing or Get Pre-Approved
Talk to a bank or mortgage broker before you start looking at condos. They will help you in finding out how much you can spend. Be ready to pay a deposit, usually about 5% of the condo’s price. We have a good professional network and we work with mortgage pros to help our clients with mortgages.
- Pick Your Condo
Look at different condos and areas. Think about what’s nearby and if the condo might be worth more later. A good agent can help you find the best deals.
- Check the Papers
When you choose a condo, you’ll get a big document to sign. Read it carefully with your lawyer. Ask about extra costs and taxes. It’s okay to ask lots of questions.