The journey to homeownership can feel overwhelming, but it doesn't have to be. From calculating your borrowing power to navigating government incentives, I provide the roadmap you need to go from "searching" to "sold."
Mortgage Agent
License Information
M25002963 | FSRA: 13463
Associated with BRX Mortgages
Simple, transparent steps to take you from a dream to a down payment.
Know exactly what you can afford before you start looking.
Shop with confidence knowing your rate is held.
We review the numbers quickly to support your bid.
I handle the heavy lifting with the lenders.
The paperwork is done—time to move in!
Adjust the purchase price and interest rate to see an estimate of your costs in Ontario.
Required for down payments < 20%.
Canada offers several programs to help first-time buyers get into the market sooner.
Withdraw up to $60,000 from your RRSPs tax-free to use toward your down payment.
Save tax-free for your first home with the newest government incentive.
In Ontario, first-time buyers can receive a rebate of up to $4,000 on provincial land transfer tax.
There is a lot of misinformation out there. I offer a complimentary "First-Time Buyer Strategy Session" to break down your specific numbers.
Book Your Free Strategy SessionA visual guide to navigating your journey to homeownership in Ontario.
In Canada, the minimum is 5% for the first $500,000 and 10% for any portion above that. If the home is $1M or more, 20% is required. For example, a $600k home requires $35,000 min.
Closing costs include Land Transfer Tax, legal fees, title insurance, and property tax adjustments. You should typically budget 1.5% to 4% of the purchase price as cash-on-hand for these.
Fixed rates offer stability, while variable rates fluctuate with the Bank of Canada. This choice depends on your risk tolerance. During our session, we'll look at the current market pros and cons for both.
The stress test requires lenders to ensure you can afford your mortgage if rates rise. You must qualify at either 5.25% or your contract rate plus 2%—whichever is higher.