When it comes to buying a home in Toronto, one of the biggest decisions buyers have to make, besides budget of course, is which neighbourhood to focus their search in. RE/MAX Canada asked it's top Brokers, Agents, and Buyers to highlight several key areas, each with its own charm and appeal, for prospective buyers to consider when they're making the decision of where they might want to settle down.
“The biggest challenge is going after a want over a need,” says Tim Syrianos, Principal Broker of Record and Owner, RE/MAX Ultimate Realty Inc., based in Toronto. “Trying to get the ‘forever home’ the first time you’re shopping – this needs to change. Be realistic and work with a professional real estate agent to help you get the most bang for your buck.”
Tim also suggests buyers look at what they need today, what’s most important to you, and focus on the price point to get into the market. Mindset around owning more than one property has changed.
Finally, “Buying a property for the kids and renting it out isn’t a bad idea, but the lack of supply is changing people’s perceptions on the market. Work with a real estate agent to go over your options.”ain deeper insights into what each area has to offer. With Tim's expertise, you're sure to find the perfect spot to call home.