When buying a house in Canada, real estate developers usually provide buyers with some preferential conditions in terms of price and time. For example, buyers only need to pay the full price of 10-20% within 1-2 years when buying off-plan properties. The deposit will not be paid until the project is completed (when the house can be handed over). This gives buyers great convenience in time. In this way, some buyers who are temporarily short of funds on hand have ample time to prepare funds. At the same time, buyers will also enjoy certain discounts on loan interest rates.

There are four types of interest rates for mortgages in Canada: fixed interest rates, floating interest rates, variable interest rates, and split interest rates. If you are already in the mortgage contract, but the interest rate is in a period of rapid increase, then the variable interest rate gives you the right to choose twice. In terms of split interest rates, you can split a mortgage into two parts, a fixed interest rate and a floating interest rate, at any ratio, which is more flexible. Generally speaking, the floating part of the split interest rate can also be changed to a fixed interest rate at any time.

In many parts of Canada, second-hand housing is mostly traded. Of course, the concept of second-hand houses in Canada is very different from that in China. When it comes to second-hand houses in China, the interiors are outdated, and they may have to be renovated before they can move in. In Canada, second-hand houses are generally renovated and decorated by homeowners before they are sold. Refrigerators, washing machines, ovens, dishwashers, etc. are also fully equipped, and buyers can move in as long as they are equipped with furniture. The delivery date of the old house is fixed, so buyers who have a little knowledge of decoration can buy a house with good structure, good location, more than ten years old house but old interior at a lower price, and then partially or completely decorate it, which is equivalent to Buy a new house, and the price may be more cost-effective than buying a new house.

The types of houses in Toronto generally include townhouses, semi-detached houses, and detached houses (Detach). The specific types of houses are: bungalow, Bungalow-Raised, and side-split. ), Back-split, 2-Storey. Houses in Canada are mainly wooden structures, which are durable. Houses that have been built for decades are considered young and middle-aged. Many of the houses in Downtown are more than 100 years old. We need to understand the age of the house, the degree of house maintenance, the old and newness of the doors and windows, floors, roofs, heaters, etc., and also focus on whether the overall layout and structure of the house are suitable for your family, and whether there is any obvious waste of space.