The Advantages of Buying NEW!
When evaluating real estate options, some buyers may assume that buying brand new is a luxury they can’t afford.
However, did you know that Canadian citizens and permanent residents who purchase newly-built homes, condos and townhouses under $750,000, are EXEMPT from paying property transfer tax, which is a potential savings in closing costs of up to $13,000!!!
Taking that into consideration (and this list of other reasons buying new might be for you), a new home may actually turn out to be the most economical option.