Properties

Your guide to understanding home style options as well as benefits and things to consider.

1: New Home Wish List

  • Home style/Size

person writing bucket list on book
person writing bucket list on book
  • Manage expectations. Make compromises

  • Location/Community

  • Lifestyle - Backyard, Garage

  • New vs Used

  • Features/Upgrades

2: Start online search

  • Customized new build search

person using MacBook Pro
person using MacBook Pro
  • Customized pre-owned search

3: Home Type

  • Single Family Front Attached Garage

a house with a garage and a driveway
a house with a garage and a driveway
  • Duplex

  • Single Family Detached Garage

  • Townhome

  • Condo

  • Bungalow

4: Secondary (Income) Suites

  • Basement Suites

a brick driveway leading to a two story house
a brick driveway leading to a two story house
  • Garage Suites

5: Property Ownership

  • Freehold

four brass skeleton keys
four brass skeleton keys
  • Bareland Condo

  • Conventional Condo

6: New Construction

  • Spec Home

a building under construction with scaffolding around it
a building under construction with scaffolding around it
  • Longer Emotional Investment

  • Modern Features/Design

  • Appliance selection. Restrictions apply

  • Pre Sale

  • Warranty

  • Timeline can vary

  • Customization

  • Choose a builder you can trust

  • Rebates - GST & Energy Efficient

7: Resale Properties

  • Potential renovations or repairs

man in green jacket walking on sidewalk during daytime
man in green jacket walking on sidewalk during daytime
  • Property Owner History/Time on market

  • Quicker possession

  • Outdated features/layout

  • No Warranty

  • Unique character

  • Established neighbourhoods

8: Purchase for Investment

  • Property MGMT

person using phone and laptop computer
person using phone and laptop computer
  • MLI Program

  • Need 20% Down Payment

  • No GST Rebate - New Builds

9: Infill

  • New build in established area

grey and white concrete buildings during daytime
grey and white concrete buildings during daytime
  • Teardown costs

  • May need to buy own lot

  • Builder selection is tougher

  • Need to pay for design

  • Much more expensive

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