The Bank of Canada’s decision to lower its overnight rate to 2.25% has set the stage for attractive buyer conditions in fall 2025. Discover how lower rates translate to increased affordability, shifting market dynamics, and new mortgage rate trends—plus expert tips for maximizing your buying power.
Understanding The Closing Costs When Buying a Pre-Construction Condo
Purchasing a condominium is an exciting milestone, but amidst the anticipation, it's crucial to consider the financial responsibilities that accompany this significant investment. One aspect that potential condo buyers in Ontario must be aware of is the concept of closing costs. These expenses, separate from the purchase price, can add up significantly and should be factored into your budget. In this article, we will delve into the details of closing costs associated with buying a pre-construction condo in Ontario, providing you with a comprehensive understanding of what to expect and how to plan accordingly.

