Buying your first home is an exciting but intimidating experience! If you are a first-time home buyer and are not sure how or where to look, here are a few pointers to get you started.

Oakville has many neighbourhoods with different housing options for first time buyers. North Oakville’s newer Westmount neighbourhood has an ideal mix of housing types with many amenities including parks, schools, shopping and the new hospital. To the south, Bronte has new budding subdivisions feature single, semi-detached, condos and townhomes offering buyers affordable choices while still enjoying the waterfront appeal of Bronte Harbour and Marina. In between the two you will find many options to suit your needs and wants.

Do some research to see what incentives are available for first time home buyers in Ontario. You will need to know what type of loan you can get and understand the down payment requirements. Use a mortgage payment calculator to determine what you can afford. Get pre-approved for a mortgage so you know the range you are looking at and to make purchasing a quicker process.

Determine what type of home is in your budget. Is it a condo, townhouse, semi detached or single-family home? All will depend on what you can truly afford. A good real estate agent will help you identify your key values in a home (square footage, number of bedrooms, large yard etc.) and narrow in on house type and neighbourhood. They will give advice on hot markets and any great deals in the area.

5 Tips For First Time Home Buyers

  1. Know your budget and stick to it; get pre-approved for a mortgage

  2. Know exactly what you want in a home and list them in importance

  3. Use an experienced real estate agent who knows the Oakville market and area. They can also let you know what rebates and programs you qualify for. Don’t be afraid to ask questions!

  4. Know your closing costs

  5. Don’t forget moving expenses, furnishing and hidden costs

If you are interested in finding out more about homes for sale in Oakville and the surrounding areas you can contact Saunders, Saxton & Winter. The SSW Team is located in the heart of Old Oakville, they have more than 60 years of experience and are experts on the Oakville real estate market. They will help you to make the right choices for you and your family. You can contact them at (905) 845-1223, email them at or you can view some of their featured listings here.

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