Is it time to move to your own apartment in Toronto? If you do not have enough experience with the home buying process and with moving, you will probably need a guide to follow. Don’t worry, because there are tips for first-time apartment hunters in Toronto and you are not the only one. Where to look for an apartment, what is the price, what to pay attention to, and how to move? These steps are all part of the moving process.
How to find an apartment?
Now it is time to fulfill your dream and become a homeowner. Toronto is a great place for that because it is one of the best cities in Ontario for young professionals, families with kids, and seniors. It has everything for everyone because it is a big city full of opportunities. If you are one of the first-time home hunters in Toronto, do not worry. Having a guide may help you make this process easier to handle. It is an exhausting, exciting, fun, and stressful process – all at the same time. Follow a step-by-step guide and you will find the best home for you.
Research the real estate market first
Know what real estate in Toronto has to offer and what are the average prices. Home prices are increasing every year by about 5%, which means that investing in real estate here is a good financial decision. The average home price is $1.11 million, but it all depends on the neighborhood where you want to live. For example, the most expensive neighborhood is Bridle Path, while one of the most affordable is certainly Rockcliffe.
Choose the right Toronto neighborhood
As we mentioned before, the costs of apartments depend on the neighborhood. Choose your neighborhood wisely because each one of them is different and unique. There are neighborhoods in Toronto for young professionals and neighborhoods for seniors, for example. Some of the best neighborhoods in Toronto to live in are:
- The Annex
- Little Italy
- The Beaches
Hire a local real estate agent
Real estate agents from Toronto know the market and you will be able to find your perfect apartment faster. It is not easy to find a home by yourself in a big city such as Toronto. Especially if you are not from this city. Hire a reliable and reputable realtor that will be able to find a home in your price range and a home that fits your needs. Even if you have experience with buying a home, it is better to have an agent take care of all the paperwork. Also, search homes online by yourself to see what is on the market.
First-time apartment hunters in Toronto must set the budget
Choose the neighborhood where you want to live and research the average prices. If you are buying a property in Toronto, it will be a big financial investment, but it is worth every penny if you want to live here. Calculate down payment, closing costs, and costs of real estate agent services. Visit only homes that you can afford. Also, calculate the moving costs and know how much money you need to spend on packing and transporting. To know the accurate moving costs, get an online moving quote on professionalmover.ca and it is free.
Know your priorities
Make a list of all the items you need in your apartment, but on the other hand, be prepared to make some compromises. Know the size, the number of bedrooms and bathrooms, and the location.
Moving items to a new apartment
After finding your perfect apartment in Toronto, it is time to think about transporting all your items there. What is the safest way to move all your household belongings to a new home and the fastest at the same time? There are two main options when it comes to moving – moving by yourself and moving with professional movers.
If you will move by yourself, it will take you more time and energy. It is not a job for one inexperienced person. You need friends to help you move large and heavy items. If you have strong friends that are willing to help you out, this may be a good option for you.
On the other hand, most people want to move to their Toronto condo quickly and hassle-free. This is possible with a moving company by your side. To move stressless join forces with reliable people and move in, efficiently. A moving company from Toronto has enough experience, knowledge, and moving equipment, so you don’t have to think about that. All your items will be in safe hands.
Pros of living in Toronto
Why should you choose Toronto as your home city? What are the advantages of living in a city such as Toronto? It is not important just to find an apartment and prepare for moving antique, fragile, and sensitive items and other stuff.
Make a list of all the reasons why should you buy an apartment in Toronto, not in another city.
- A strong economy and a lot of job opportunities. Toronto is home to many big companies. You can work in different industries, such as IT, healthcare, marketing, arts, or media.
- A very low crime rate. Canada is known as one of the safest countries in the world and Toronto as part of Canada is no different.
- The housing market is how which is important to first-time home hunters in Toronto.
- A lot of fun things to do with your friends and family. You cannot be bored in this city.
- People from all around the world are coming to Toronto and this city is friendly to immigrants. This is why diversity is very high.
- Easier winters compared to other cities in Canada. The weather is great, similar to the weather in New York City.
First-time apartment hunters in Toronto are often confused and that are having doubts. But, when you have strong reasons to live in Toronto for a longer period of time, it is easier to invest in real estate.