Find Mortgage Brokers In Etobicoke

Etobicoke is Western Toronto’s best kept secret. Although it is considered a part of Ontario’s capital city, Etobicoke possesses its own unique beauty. Bookended by the Humber River and Lake Ontario, this former stand-alone municipality offers moderately priced housing in close proximity to downtown Toronto. Etobicoke has different localities that give it its special character, providing future home owners various neighbourhood options.

What Are The Different Etobicoke Localities?

Etobicoke is composed of three large areas with separate political ridings. The total population of the area is approximately 347,948. The area consists of:

  • Etobicoke/Lakeshore, located on the north shore of Lake Ontario
  • Islington-City Centre West/Etobicoke Centre, located in the central part of the community and encompassing Dundas Street
  • Rexdale/Etobicoke North which details the expanse from Malton to Toronto Pearson International Airport

Each location offers a mix of high-rises, condominiums, and houses to suit every home owner’s preference.

How Do I Find a Real Estate Professional To Help Me Find The Perfect Home?

The Real Estate Council of Ontario (RECO) is the body in charge of regulating real estate professionals in the province. They can provide a great resource for anyone trying to find a realtor. The brokers who are registered with RECO have to adhere to strict industry standards and will be able to help you find the perfect Etobicoke home.

What Mortgage Options Are Available For Etobicoke Properties?

A mortgage broker is a licensed professional who specializes in the lending and housing industry. Their job is to get you the best mortgage so you can purchase a home or refinance an existing housing loan. A Toronto or Etobicoke-based mortgage broker can help you secure funding for your dream home. Etobicoke is a former city that is now part of Toronto which means that you do not have to find a broker who is specifically situated in the area. A good mortgage broker knows everything about the Ontario mortgage landscape and will have no trouble finding the right lender to provide the funds for your home purchase.

Fast Facts About Etobicoke:

  • The average price of a home in Etobicoke is $462,341
  • Etobicoke is a Mississaugan word that roughly translates to, “the place where the wild alders grow”
  • The pharmaceutical, electronic, computer, chemical, and transportation sectors lead the way in Etobicoke’s business community
  • Etobicoke is home to Woodbine Racetrack, one of Canada’s most important thoroughbred and harness horse racing tracks
  • The popular tourist destination, the Humber Arboretum, features sprawling botanical gardens and natural areas that contain over 1,700 species of plants and animals
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Your home is your most valuable asset. It is probably the single largest investment you will make in your lifetime. Your home is more than a place to rest your head and raise a family. Your home contains equity. It is a treasured resource and in some cases, can even be used as an ATM (aka cash back mortgages and HELOCs – don’t worry we’ll get there).

We All Need a Mortgage

Everyone who is looking to purchase a home will need a mortgage. But, what is a mortgage exactly and why do you need it? Besides being the term to describe a loan secured by real estate, a mortgage allows you to access funding to procure your dream home.

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