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Find Mortgage Brokers In Toronto

Buying a home in the city of Toronto or the GTA can come with many hurdles. Is the market stable? Are interest rates too high? Is your dream home too expensive? Which neighbourhood has the best schools? Which neighbourhood has the best amenities? How do I find the right mortgage broker and real estate agent?These are all questions that future Toronto home owners have to ask themselves. However, that doesn’t mean that purchasing property in Canada’s most populous city is impossible. After jumping over these hurdles you will find yourself the proud owner of one of Toronto’s many beautiful properties.

What Is The GTA?

Toronto is more than the CN Tower and the Rogers Centre. The city’s outskirts are known as the Greater Toronto Area (GTA) and offer a sprawling metropolis with potential home ownership opportunities. The GTA is made up for the city of Toronto itself and Durham, Peel, Halton, and York, the four regional municipalities that surround it. Many Ontarians choose to live outside of the city and find their dream home in Toronto’s outposts. The GTA is accessible by train and bus, and connected through an easily navigable highway system leading many to work in Toronto, but live in the surrounding municipalities.

How Do I Find A Realtor In Toronto?

Due to the large volume of real estate companies in Toronto, it can be hard to figure out which one to work with. One of the easiest ways to find a realtor in Toronto is to peruse TREB – The Toronto Real Estate Board. This not-for-profit corporation has been operating for almost a century regulating GTA-based realtors and brokers. You can also contact a Toronto mortgage broker. Mortgage brokers not only have dealings with lenders, they often cultivate relationships with real estate agents as well.

Condo Vs. House: What Do You Choose?

One of the home ownership options that Toronto and the GTA have to offer is condo living. Some people consider their dream home to be a detached house with a backyard and two-car garage while others are content living in a condo with a stunning view of Lake Ontario. Although owning a house comes with it many advantages such as equity, and landscaping and design options, condos can provide great benefits too. Condos come with fees but maintenance and repairs are taken care of. You don’t have to worry about upgrades and most condo buildings are equipped with gyms, pools, and indoor parking. Condo living isn’t for everyone and rest assured that the GTA has many vibrant and quiet neighbourhoods with gorgeous homes waiting to be purchased.

Toronto/GTA Fast Facts:

  • The average home price is approximately $597,000
  • Toronto is the capital of Ontario
  • Toronto is the 4th largest city in North America
  • ¼ of Canada’s population lives within 160km of the city
  • Toronto is home to the Canadian Securities Exchange and the Toronto Stock Exchange
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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).

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