Can You Really Buy Your First Home in Ontario With 5% Down? (Real Numbers Explained) скачать в хорошем качестве

Can You Really Buy Your First Home in Ontario With 5% Down? (Real Numbers Explained)

Can you really buy your first home in Ontario with just 5% down? The short answer is yes — but only if the numbers actually make sense. In this video, I break down how the 5% down payment rule works in Ontario, using real examples for first-time buyers. I’ll explain when 5% works, when it doesn’t, and why many buyers get stuck even after saving their down payment. You’ll learn: How the 5% down payment actually works in Canada What happens once the price goes over $500,000 Real examples for condos and townhouses Why monthly affordability matters more than your down payment The biggest mistake first-time buyers make early on This video is for first-time home buyers in Ontario, especially those looking to buy in Toronto, Vaughan, and the GTA. If you’re early in the process and want clarity instead of guesswork, this is where proper planning starts. 👍 If this video helped, consider liking and subscribing for practical, no-nonsense real estate content for first-time buyers in Ontario. Chapters: 0:00 Intro 0:24 THE BIG MYTH 0:45 HOW THE 5% RULE ACTUALLY WORKS 1:11 EXAMPLE #1 – CONDO AROUND $550,000 2:00 DOWN PAYMENT IS NOT THE REAL PROBLEM 2:31 EXAMPLE #2 – TOWNHOUSE AROUND $700,000 3:11 THE RIGHT QUESTION TO ASK 3:30 FIRST-TIME BUYER CLARIFICATION 3:49 CLOSE + CTA — Soheil Shivarani Real Estate Broker | Ontario Specializing in Toronto, Vaughan, Richmond Hill & Markham https://soheilshivarani.com/