What do the buyers in Toronto look for

By: Chris Cucoch

What do the buyers in Toronto look for

Tags: First Time Home Buyer

Shopping for a new home can be pretty overwhelming and emotional. You can make costly mistakes if you're not sure what you're looking for in your new home. Given that it's a considerable investment and a long-term commitment, you need to be confident that the choice you're making is the right one. Therefore, we've gathered what buyers in Toronto look for when buying a home to emphasize what you should consider and pay attention to. Even though purchasing a home is a personal decision, the list we've prepared below should help you make your list of conditions that the Toronto home you're looking for has to fulfill for you to make an offer.

Moving to Toronto


The capital of Ontario province is one of the most beautiful cities in the world. If you are still unsure whether moving to Toronto is a good idea, here are the reasons to convince you to start packing and looking for a Toronto home.
                                        Aerial photo of a highway in Toronto with passing vehicles surrounded by autumn trees
Toronto is surrounded by stunning nature, so there is always somewhere to go and enjoy the lovely scenery.
 
If you plan on moving to Midtown Toronto, remember that it's not an easy task to handle on your own. Therefore, make sure to hire professionals from this area as they'll be able to help you make your relocation run smoothly. Plus, they know Toronto as the palm on their hand. Therefore, they'll be able to give you recommendations about what to check out while they do the heavy lifting.
 

Features that the buyers in Toronto look for


Now that you've decided to settle in Toronto, it's time to start shopping for your new home. However, before you begin your search, you need to know exactly what to look for. This is especially important if you are a first-time homebuyer and have no experience in buying real estate.
Even though what each buyer needs in a home is different, here is what you should consider.
 

Ideal size

Before you start searching for your Toronto home, you need to decide what size is suitable for you. Therefore, the first thing to do is determine the minimum square footage you need. Also, you should decide on the necessary number of bedrooms and bathrooms too.

What size home you should buy depends solely on your personal preferences and needs. For example, if you have kids, you surely won't be looking into purchasing a studio apartment. Same way, if you are single, you probably won't be looking for a three-bedroom house.

Also, the COVID-19 pandemic changed many segments of our lives. Therefore, if you now work from home, you'll probably need dedicated space for your home office. The same goes if your kids are following their classes online. They'll need a quiet place to be able to study in peace.
 

Great yard

The thing that people have started appreciating much more during the pandemic is the access to the outdoors and having a nice yard. Nowadays, it's one of the primary things people look for in a home.

                           House with a yard is one of the things buyers in Toronto look for
                           Having access to outdoor living space became a must during the pandemic.

Besides having a nice yard, another thing buyers in Toronto look for is outdoor living space. Investing in a deck or a patio is one of the renovations that pay off. However, most buyers choose to purchase a home that already has everything they need.

Therefore, make sure to think about what you want from your new yard and what kind of features you want to get with it. Also, keep in mind that having a large yard comes with many responsibilities and maintenance costs. Make sure to consider that, too, before looking for your new Toronto home.
 

Suitable layout

Another critical thing to think about before searching for a home is the layout. For example, if you have kids, you'll probably want the master bedroom and your kids' room(s) to be on the same floor.

On the other hand, if you plan on turning a room into a home office, you'll probably want it further away from the kitchen and living room. If someone in your family has mobility issues, you probably want their room on the ground floor and similar.

Therefore, it's all about assessing your and your family's needs and trying to find a place that suits them in the right way. You want your home to be functional and suitable for everyone living there.
 

Good condition of the exterior

Financially, the most important thing you should look for in a home is a good exterior. Issues with the home exterior can cost a small fortune to resolve, so it's essential to have a home inspection done before making an offer.

                             Blueprints of a home on a white magnet board
Changing a layout of a home can be very expensive. Therefore, don't stop looking until you find a home with a design that works for you perfectly.

When it comes to the home exterior, make sure to check the roof. A new roof is costly, and even minor issues with it can cause you headaches and take a lot of time to resolve. A roof that is in good condition is one of the most important things buyers look for.

Also, make sure to check the siding and foundation of the home. As these things can sometimes be difficult to spot, make sure to have a professional take a look. Otherwise, you might end up paying tens of thousands for repairs.
 

The bottom line

 

If our insights on what the buyers in Toronto look for when purchasing a home helped you determine what your ideal home has to have, our mission is complete. All that it's left for you is to hire a great real estate agent and start looking for a home that fulfills all of your demands. We wish you the best of luck and hope your search process will be quick and successful.