Diamond Realty

Buying Guide

5 Things First-Time Homebuyers in Canada Should Know

May 24, 2026· 7 min read· by Aarav Sharma
5 Things First-Time Homebuyers in Canada Should Know

Buying your first home is exciting — and overwhelming. Here are five essential things every first-time Canadian homebuyer should understand before signing on the dotted line.

1. Get Pre-Approved First

Before you start house hunting, get pre-approved for a mortgage...

2. Understand Closing Costs

Closing costs typically run 1.5-4% of the purchase price...

#first-time-buyer#mortgage#closing-costs

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