Your Journey toHomeownership Starts Here
Expert guidance for first-time home buyers in Ontario. We simplify the process, maximise your buying power with incentive programs, and help you find the perfect home with confidence. From pre-approval to keys in hand.
Why First-Time Buyers Choose Lupo Realty
Dedicated support and expertise to make your first home purchase smooth and successful
Expert Education
Step-by-step guidance through every stage of the home buying process, from pre-approval to closing day
Financial Assistance Programs
Access to first-time buyer grants, tax credits, and down payment assistance programs in Ontario
Protection & Advocacy
Experienced negotiators who protect your interests and ensure you make informed, confident decisions
Budget Planning
Realistic budget assessment including mortgage pre-approval, closing costs, and ongoing homeownership expenses
Perfect Home Match
Personalised property search based on your lifestyle, commute, schools, and future growth plans
Proven Success
Hundreds of first-time buyers successfully guided to homeownership across Ontario
Your First Home Buying Journey
A clear, step-by-step process to guide you from dream to reality
Initial Consultation & Education
We begin with a comprehensive consultation to understand your goals, timeline, and concerns. We'll explain the entire buying process, answer all your questions, and set realistic expectations about the Ontario real estate market.
Financial Preparation
Connect with trusted mortgage brokers for pre-approval, review your budget and affordability, explore first-time buyer incentive programs, and plan for down payment and closing costs. Knowledge is power when it comes to financing your first home.
Home Search & Viewings
Begin your personalized property search based on your criteria, location preferences, and budget. We arrange viewings, provide market insights on each property, and help you evaluate neighborhoods for long-term value and lifestyle fit.
Making an Offer
Found the perfect home? We'll conduct comparative market analysis, develop a competitive offer strategy, guide you through negotiations, and include appropriate conditions for financing and home inspection to protect your investment.
Due Diligence & Closing
Coordinate professional home inspections, review all legal documents with your lawyer, finalise mortgage details, complete final walkthrough, and celebrate as you receive the keys to your first home! We're with you every step until moving day and beyond.
First-Time Buyer Programs & Incentives
Take advantage of government programs designed to help you buy your first home
First-Time Home Buyer Incentive
Shared equity mortgage with the Government of Canada, offering 5-10% toward your down payment to reduce monthly mortgage costs.
Home Buyers' Plan (HBP)
Withdraw up to $35,000 from your RRSP tax-free to put toward your down payment, giving you more buying power.
Land Transfer Tax Rebate
First-time buyers in Ontario can receive up to $4,000 rebate on land transfer tax. Toronto buyers may qualify for additional municipal rebates.
GST/HST New Housing Rebate
Purchasing a newly constructed home? You may qualify for a rebate of up to 36% of the GST or 75% of the federal portion of HST paid.
Essential Tips for First-Time Buyers
Expert advice to help you navigate the home buying process successfully
Get Pre-Approved First
Obtain mortgage pre-approval before house hunting to know your exact budget and strengthen your offers in competitive situations.
Save for All Costs
Budget for down payment (minimum 5%), closing costs (2-4%), home inspection, moving expenses, and emergency fund for unexpected repairs.
Don't Skip the Inspection
Always include a home inspection condition. A $500 inspection can save you from costly surprises and give you negotiating power.
Think Long-Term
Consider resale value, neighbourhood development plans, and your 5-10 year lifestyle needs. Your first home doesn't have to be your forever home.
Understand Total Costs
Monthly mortgage is just one expense. Factor in property taxes, insurance, utilities, maintenance, and condo fees if applicable.
Work with Experts
A knowledgeable real estate agent, mortgage broker, home inspector, and real estate lawyer protect your interests and save you money.
First-Time Buyer FAQs
Answers to common questions about buying your first home in Ontario
How much do I need for a down payment in Ontario?
Minimum down payment requirements are 5% for homes under $500,000, 10% for the portion between $500,000-$999,999, and 20% for homes over $1 million. First-time buyer programs can help you achieve these amounts.
What is the First-Time Home Buyer Incentive?
This federal program offers 5-10% of your home's purchase price as a shared equity mortgage, reducing your monthly payments. There are income and price limits that apply, and we can help determine if you qualify.
How long does it take to buy a home?
The timeline varies, but typically 3-6 months from starting your search to closing. This includes getting pre-approved (1-2 weeks), house hunting (1-3 months), offer to closing (60-90 days). We can help you create a realistic timeline.
Should I buy a condo or house as my first home?
Both have advantages. Condos typically cost less upfront and include maintenance, making them easier for first-timers. Houses offer more space and control but require higher down payments and maintenance budgets. We help you weigh the pros and cons based on your situation.
What credit score do I need to buy a home?
Most lenders require a minimum credit score of 600-650 for mortgage approval, though 680+ gets you better rates. We can connect you with mortgage brokers who work with first-time buyers to improve credit and secure financing.
Ready to Buy Your First Home?
Let's make your homeownership dreams a reality. Get expert guidance, access to buyer programs, and personalized support every step of the way. Your perfect first home is waiting.