Frequently
Asked Questions
Answers to the most common questions about buying, selling, renting, and working with Jatin Dua across Toronto & the GTA.
Buying
How do I start the home buying process?
Start by getting pre-approved for a mortgage so you know your budget and can make strong offers. From there, Jatin Dua’s Dream Home Navigator guides you through defining your needs, touring homes, making competitive offers, and closing across Toronto and the GTA.
How much down payment do I need in Ontario?
In Canada the minimum down payment is 5% on the first $500,000 of the purchase price and 10% on the portion above that, up to $1.5 million. Homes priced at $1.5 million or more require 20% down. Putting 20% down avoids mortgage default (CMHC) insurance.
What closing costs should I budget for?
Beyond your down payment, budget for land transfer tax (provincial, plus an additional municipal tax inside Toronto), legal fees, title insurance, a home inspection, and an appraisal, typically around 1.5% to 4% of the purchase price.
Selling
How do you determine my home’s value?
Jatin Dua prepares a comparative market analysis using recent comparable sales, current competition, and your home’s condition and features to price your home for the strongest result through the Quantum Home Selling System.
How long does it take to sell a home?
It depends on pricing, condition, and market conditions, but the first two weeks on market generate the most interest. Pricing correctly from day one and presenting the home well are the biggest drivers of a fast, strong sale.
What does it cost to sell a home?
Typical selling costs include real estate commission, legal fees, and any mortgage discharge. Your principal residence is generally exempt from capital gains tax in Canada; confirm your situation with an accountant.
Renting, Leasing and Commercial
Do you help with rentals and leasing?
Yes. Through Rent Quest, Jatin Dua supports both tenants searching for the right place and landlords looking for qualified tenants across Toronto and the GTA.
Do you handle commercial real estate?
Yes. Commercial Circle covers commercial acquisitions, leasing, and investment guidance for businesses and investors across the GTA.
Working With Jatin Dua
What areas does Jatin Dua serve?
Jatin Dua serves Toronto and the Greater Toronto Area, including Mississauga, Brampton, Oakville, Milton, Vaughan, Markham, Richmond Hill, Burlington, and surrounding communities, with RE/MAX Quantum Realty.
How do I book a consultation?
You can book a free consultation directly through the booking calendar on the contact page, call 437-987-1925 or toll-free 1-833-330-1925, or email connect@jatindua.com.
Do you work with first-time buyers and investors?
Absolutely. Jatin Dua works with first-time buyers, growing families, downsizers, and investors, tailoring the process and strategy to your goals.