Buying a home in Ontario
Buying a home is a process: search current listings, understand what you're looking at, view the homes you like, and make an offer with the right conditions. Homsy gives you the live MLS® feed, a map, saved searches, and a way to reach a licensed professional when a home is worth a closer look.
How buying works
The usual path is: search and save homes, arrange financing so you know your budget, view homes in person, make an offer, satisfy any conditions (like financing and a home inspection), and complete the purchase on closing day. Homsy covers the search and discovery; a licensed professional handles representation and the offer.
Search and save
Search by city, neighbourhood, price, beds, baths, and property type, then save the homes and the searches that matter. A saved search can alert you when new listings match, so you see the right homes early instead of refreshing the feed.
Understanding a property
Each listing shows the price, key facts (beds, baths, size, parking), maintenance and taxes where applicable, and a description. Look at the full picture — ownership costs, condition, and location relative to what you need — not just the asking price.
Viewings and inspections
Book a showing to see a home in person, and consider a home inspection before finalizing an offer, especially for freehold homes. For condos, reviewing the status certificate helps you understand the building's finances and rules.
Making an offer
An offer sets your price, closing date, deposit, and conditions. Common conditions include financing and inspection. Your representative helps you decide on price and terms and negotiates on your behalf — you can adjust after a counter-offer.
Closing costs and first-time buyers
Beyond the price, budget for closing costs such as land transfer tax, legal fees, and adjustments. First-time buyers in Ontario may be eligible for certain rebates. These figures depend on price and location, so treat any calculator output as an estimate and confirm the specifics with a professional.
Common questions
Yes. Searching listings, saving homes, and setting up saved-search alerts are free.
No. Any calculator on Homsy is an educational estimate based on the assumptions you enter — not a mortgage quote, pre-approval, or lending decision.
Homsy.ca is a technology platform for searching real estate and connecting with real-estate professionals. Regulated brokerage services — including advice, representation, and paperwork — are provided by licensed professionals. Educational information here is general and not legal, financial, or tax advice.