Buying a home in Ontario follows a clear path. Here is each step and what I do for you at each one.
Step 1: A first conversation and a buyer representation agreement
We talk about what you need, your budget and your timeline. In Ontario, a written buyer representation agreement sets out what I will do for you and how I am paid. I go through it with you before you sign.
Step 2: Mortgage pre-approval
A pre-approval from a lender or licensed mortgage broker tells you a realistic price range. It is not a final approval: the lender still has to approve the specific property.
Step 3: Search and showings
I set up searches on my MLS® search site and book showings. For each home I look at the details that affect value and daily life, and I point out what to check.
Step 4: The offer
We decide on price, deposit, closing date and conditions, such as financing and a home inspection, based on recent comparable sales. The offer is written on the standard Agreement of Purchase and Sale, and I explain every clause.
Step 5: Conditions, deposit and lawyer
Once the offer is accepted, the deposit is delivered and any conditions are worked through by their deadlines. You’ll need a real estate lawyer, who handles title, the land transfer tax and any refunds.
Step 6: Closing day
Your lawyer registers the transfer and releases the funds, and you get the keys. Closing costs are on top of the down payment. See what to budget for closing costs.
Buying your first home? Start with the first-time buyer guide.
Frequently asked questions
How much deposit do I need with an offer?
There is no fixed amount. The deposit is negotiated in each deal and goes into the listing brokerage’s trust account. I’ll tell you what is typical for the area and price range when we write the offer.
Should I include a home inspection condition?
In most cases, yes, but it depends on the property and the market. We decide together, with the trade-offs explained.
Can I buy if I’m not a Canadian citizen or permanent resident?
Federal restrictions on non-Canadians buying residential property are in place until January 1, 2027, and Ontario charges a 25% Non-Resident Speculation Tax on foreign buyers. There are exceptions, so talk to a lawyer before you make any offer.
Sources (official pages, checked October 3, 2026)
- Ontario – Non-Resident Speculation Tax (25%)
- CMHC – Prohibition on the Purchase of Residential Property by Non-Canadians Act
Programs and limits change, often at budget time. Confirm the current rules on the official page before you rely on them.
Talk to me in English or Arabic: call or text (647) 465-3710, message me on WhatsApp, or email Mohieddinrealtor@gmail.com.
General information only – not financial, legal or mortgage advice. Please consult a licensed professional about your own situation.