Ontario’s market changes by region, property type, and price range. In general, the GTA often experiences higher demand, while smaller cities and rural areas may see steadier, balanced conditions. Your agent can provide hyper-local data based on neighbourhood trends and recent sales.
Yes. It’s a mandatory written contract between you and the brokerage outlining price, commission, and listing period.
It’s best to book movers at least 2–3 weeks in advance, especially during busy seasons (spring and summer). To avoid delays, schedule your movers later in the afternoon, after your lawyer confirms that the property has officially closed and the keys are released.
Working with a licensed REALTOR® is not legally required, but it is strongly recommended. Agents registered with RECO (Real Estate Council of Ontario) must follow strict ethical and disclosure rules, ensuring your interests are protected.
According to federal rules: - 5% on the first $500,000 - 10% on the portion from $500,000 to $999,999 - 20%+ on homes $1M+ A minimum 20% is also required to avoid CMHC mortgage insurance.
This depends on inventory levels, days on market, and sale-to-list ratios in your area. - A buyer’s market has more listings than buyers. - A seller’s market has limited inventory and strong buyer competition. Most Ontario regions shift between these throughout the year.