You can afford more help than you think
As a buyer, working with a REALTOR® like RJ typically costs you nothing — the seller pays the commission. That means you get professional representation, negotiation and guidance for free. There’s no reason to navigate your first purchase alone.
First-time buyer programs & rebates
Ontario first-time buyers can benefit from several programs: the Land Transfer Tax refund (up to $4,000 provincially, plus Toronto’s separate rebate where applicable), the federal First-Time Home Buyers’ Tax Credit, the Home Buyers’ Plan (RRSP withdrawal), and tax-free First Home Savings Account (FHSA) contributions. RJ and your mortgage broker can help you understand which apply to you.
How much do you really need to buy?
Your minimum down payment is 5% on the first $500,000 of a home’s price and 10% on any portion between $500,000 and $1,500,000. Add closing costs of roughly 1.5–4% (land transfer tax, legal fees, title insurance, inspection). For a $700,000 home, plan for around $35,000 down plus closing costs — though your exact numbers depend on the home and your mortgage.
Condos and townhomes: the smart first step
Many Durham first-timers start with a condo apartment or townhome — lower entry prices, less maintenance, and a foothold in the market. Oshawa condos near Ontario Tech, Pickering suites by the GO, and condo townhomes in Whitby and Ajax are all popular starting points. RJ helps you understand maintenance fees and status certificates before you buy.
Avoiding first-time buyer mistakes
Common pitfalls: skipping pre-approval, forgetting closing costs, maxing out your budget with no cushion, waiving an inspection to win a bidding war, or buying on emotion. RJ’s job is to keep you grounded, protected and confident — and to walk you back from a home that isn’t right.