Tag Archives: Houses For Sale

Houses For Sale In Vaughan To Suit Any Individual’s Needs

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When it comes to buying a home, you must keep in mind various factors such as good schools and colleges, if you have children, the neighbourhood to see if it is safe and secure for you and your family, and hospitals, restaurants, malls, and other recreational facilities to relax and unwind your family or friends. Additionally, you must factor in comfort as part of the decision-making process. There is only one city in Canada that checks all these above-mentioned factors, i.e., Vaughan. You can rest assured; you will find a home that will not only suit your budget but also meet your specific needs.

A city filled with a rich history

The city got its name from the renowned British commissioner, Benjamin Vaughan, who signed a peace treaty with the United States of America way back in 1783. In the sixteenth century, it was a settlement for Europeans by the Humber River. The township came into existence in the seventeenth century, and post-World War 2, the population grew with immigrations coming down from Europe and Israel to settle down. This led to the city being more culturally diverse. In the last ten years, the population in Vaughan has grown by more than 80%. The reason behind this population explosion is simply down to reasonably priced real estate, several job opportunities, and efficient and effective transport solutions.

Several employment opportunities

The city of Vaughan is host to more than twelve thousand businesses and two hundred thousand employees. Each year, the employee rate grows by about 3%, which makes it the third-largest employment hub in the Toronto Area. The prominent businesses include warehousing and the transportation industry, as well as manufacturing, wholesale and retail trade. Because of the city’s steady employment growth, it makes it one of the fastest-growing cities in the country. It also prides itself on being one of the best cities in Canada to trade with. So, if you are looking for houses for sale in Vaughan to be close to your company, you won’t be disappointed with the selection of properties to choose from.

Culture and entertainment to keep you engaged

If you are looking to spend a day with your loved ones or friends, you can rest assured; the entertainment is not far away. If you are an individual that enjoys the finer things in life such as arts and culture, you will not be disappointed. The stunning artwork at the McMichael Canadian Art Collection will leave you marvelling for hours. Or, if you are feeling adventurous, you can visit the Reptilia, Canada’s and Vaughan’s largest reptile zoo and get close to more than 250 species of reptiles, arachnids and amphibians at a 15,00 square foot indoor facility. To fully enjoy the experience, you can interact will all the animals present at the zoo under the supervision of trained animal experts. If you are an adrenaline junkie, you can take a ride on the Leviathan, the tallest, and fastest rollercoaster in Canada, which has a jaw-dropping ninety-three-metre drop. If you love to shop, you will be left spoilt for choice with the number of malls present. The Vaughan Mills Mall is one of the country’s largest malls and has over two hundred stores, thirty-five restaurants, which is more than enough to keep you all engaged all day. If you are a fan of the sport of golf, the city of Vaughan is home to some of the famous golf courses in the country. The Eagles Nest Golf Club, The Thornhill Golf and Country Club are some of the notable ones.

A first-class public transport system

When it comes to public transport, there are plenty of affordable options for residents and visitors to commute. The township has GO Transit stations that run daily, making it easier for residents to move from one location to another. Apart from the city of Toronto, Vaughan was the other municipality in the country to get a TTC subway, a brand new downtown, which is the Vaughan Metropolitan Centre – the future of the city.

The Vaughan Metropolitan Centre

The Vaughan Metropolitan Centre is the latest township project in the city. Dubbed as the “New Downtown”. It offers a modern and lively look with residential and business complexes. To make sure the inhabitants live comfortably in an urban setting, it has all the bells and whistles such as:

  • Fine dining restaurants, cafes, and hotels
  • Residential complexes and office spaces
  • Dedicated shopping areas
  • Facilities for arts, culture, and recreation
  • Stunning public spaces, a path for cyclists, and walkways

Why should you look for houses for sale in Vaughan?

Like the rest of the country, you will find a wide selection of houses for sale in Vaughan to suit any need and budget. From townhouses and two-storey homes to semi-detached villas and bungalows, you can find a range of homes to invest in without regretting the decision. From neighbourhoods that are safe and secure for families to ideal picnic spots for a day out with friends, Vaughan is the perfect city in Canada to invest in real estate. According to the Canadian Real Estate Wealth Magazine, the city of Vaughan was ranked number one in the top one hundred neighbourhoods in the country. So, if you have always dreamt of having a house of your own, and are looking for a place that has all the amenities and facilities, then you should look for houses for sale in Vaughan.

Things Every Home Buyer Should Know Before Buying A House

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Across the country, a large group of millennials are deciding to invest in Vaughan real estate, including investing property across Canada. They understand that it is one of the best long-term investments they can make. Whether you are deciding to buy a home, condo, apartment or even a townhome, the process can be stressful and daunting.

Are you looking for houses for sale in Vaughan? Or looking for affordable Vaughan apartments? Whatever your property requirements, it is imperative that you are mentally and financially prepared to make such a life-changing decision. Below-mentioned is a step-by-step guide or tips to keep in mind before buying a house. This will help you make the right decision much more confidently.

#1 Prepare a wish list

A prospective homebuyer should create a wish list before they even decide to do anything else. Write down all your must-haves, and determine what type of property you want to potentially buy. Having a wish list ensures your search is simpler as you already know what you are looking for. When preparing a wish list, make sure you have a column that includes the must-haves and wants. We all want to find that property that checks all our needs and requirements, but having a checklist ensures at least you find a property that has most of the needs you require in a property, instead of leaving you hellbent on finding the perfect property and consuming a lot of time and energy. Over time, you will accept that you may not be able to check off each box, but with a checklist, you will be much more prepared to visit properties that meet your requirements. With plenty of homes for sale in Vaughan, you know what your real estate needs are.

#2 Know exactly how much you want to spend (Budget)

It is absolutely vital that you have a budget in mind when deciding to invest in property. Try to consult a mortgage specialist before you go on a property search, because it helps you understand clearly how much you can afford to spend on a home. This is one of the most common exclusions or mistakes that many first-time homebuyers make. They get transfixed over the property but ultimately realize they cannot afford it. Having a budget in mind works to your advantage, as you can filter out properties and neighbourhoods that do not fall under your budget.

#3 Have realistic expectations

Once you created a wish list and figured out a budget you are willing to invest in property, the next and arguably the most important step to ensure your expectations in homes for sale in Vaughan, Vaughan apartments, and any other kind of property is realistic. Unless you are a multi-millionaire or won the jackpot, you will most likely settle for a property with a few compromises in your checklist. It is a hard pill for first-time borrowers to swallow when someone explains to them that the perfect home does not exist most times. You as a property owner will always look to make improvements like renovating the kitchen or bathroom to make it your dream home.

#4 Avoid predicting the real estate market

Don’t always hold a belief that the right time will come to purchase real estate. Remember, you are buying property and not stocks. If as a first-time buyer you try to predict the real estate market, you might end up potentially missing out on a good deal for a property. You must keep in mind, in recent times the real estate market in the country is booming, so a piece of advice would be to invest as early as you can.

#5 Check your credit score

A lender looks at the person’s credit score to assess the amount of risk they will have to take when offering a loan to them. The lower the credit score, your chances are highly unlikely to get approved for a loan. Regularly checking your credit rating ensures you know where you are currently and identify what can be done to improve your score before you submit your mortgage application.

#6 Ensure your documentation is organized

Before a lender approves your mortgage, they will look at three things:

  1. What you own
  2. Your income
  3. What level of debt are you currently on

During the application process, the mortgage lender may ask you to submit the below-mentioned documents:

  • Any government-issued photo identification
  • Proof of employment and income
  • Proof of down payment i.e., where will you source the funds from?
  • Information about any other assets in your possession
  • Information about any outstanding debts (Credit card, student loans etc.)

Having the above-mentioned documents handy is a pro-house-hunting hack. It ensures you do not have to stress at the last minute.

#7 Get your mortgage pre-approved

Once your finances are in order, the following step is to determine how much you can afford. The best place to start is a mortgage calculator, as you can factor in your repayment, your down payment amount, the total selling price of the property, and come up with a detailed budget to give you a fair idea. Additionally, it also helps you in estimating how much mortgage you can afford.

#8 Don’t give up

Navigating the Vaughan real estate or houses for sale in Vaughan, including other property markets in the country as a first-time buyer can be difficult. Dealing with inflated prices and brokers can be quite a challenge. However, you shouldn’t give up on yourself. You’d be surprised with how many home buyers’ plans and government incentive programs are available for you to actually afford a property. All you just need is patience.

Whatever your property needs, the above-mentioned tips should help you navigate and reduce the stress when deciding to invest in real estate. From homes for sale in Vaughan to Vaughan apartments, and houses for sale in Vaughan, just remember to do your due diligence and have realistic expectations. Also, set a budget that you know you can afford when it comes time to make a down payment. Keeping all these tips in mind will see you buy your dream home in no time.