How much down payment do I need?

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You can buy a property with as little as 5 % down payment if you have adequate income and your credit is good. However, what you should consider is, when you put only 5% down payment you incur a CMHC cost of 3.25 % of your total mortgage. Now this amount isn’t a pocket expense [...]

Condo vs. House

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The decision to buy a condominium vs house would depend on your individual needs. If you a working couple, a condo might be a better idea for you because this way you can focus on your work and you won’t be bothered with shovelling the snow or cutting the grass. On the other hand if [...]