Your Ultimate Guide to Buying a Dream Home in Milton, Georgetown, Burlington, and Oakville
Are you dreaming of owning a home in one of the GTA’s most sought-after communities? Whether it’s Milton, Georgetown, Burlington, or Oakville, you’re about to discover everything you need to know to make your dream a reality!
Why Choose These GTA Communities?
These four areas offer beautiful homes, fantastic schools, parks, and a friendly community vibe. Each town has unique charms:
- Milton: Fast-growing with affordable homes and great transit options.
- Georgetown: Cozy and charming, perfect for families.
- Burlington: Lakeside living meets urban convenience.
- Oakville: Luxury homes and upscale amenities.
Spotlight: Stunning Home at 3111 Cantillon Crescent, Meadowville
This weekend, don’t miss the open house at 3111 Cantillon Crescent. This home features:
- Updated kitchen with granite countertops and stainless steel appliances including a gas stove
- Finished basement perfect for a rec room, gym, or home theater
- Huge driveway with parking for two cars
- Positioned backing onto Miller Girls Park with walking trails
- Bright, airy, carpet-free design with large bay windows
Financial Breakdown
Buying a home is one of the biggest investments you’ll make. Here’s a quick look at what to expect for this home priced at $979,990:
- 10% Down Payment: $98,000 + $31,000 CMHC fees; monthly mortgage approx $5,150
- 15% Down Payment: $147,000 + $20,759 CMHC fees; monthly mortgage approx $4,071
- 20% Down Payment: $195,998 with no CMHC fees; monthly mortgage approx $3,741
How Much Income Do You Need?
- With 10% down, household income should be about $158,000 combined.
- With 15% down, income drops to about $149,200.
- With 20% down, it lowers further to $137,500, and you avoid CMHC insurance.
Pro Tips for First-Time Buyers
- Get pre-approved early – it shows sellers you’re serious.
- Factor in CMHC fees if your down payment is under 20%.
- Attend open houses to get a feel for neighborhoods.
- Work with a trusted realtor who knows the Milton, Georgetown, Burlington, and Oakville markets.
Ready to Take the Next Step?
Don’t miss this golden opportunity! Book your private tour of 3111 Cantillon Crescent today or request a FREE Home Evaluation from SellingAHouse.ca to understand your home’s true value.
FAQ
1. What are the advantages of buying in Milton or Georgetown?
Milton and Georgetown offer affordability and community amenities ideal for families and commuters.
2. How do CMHC fees affect my mortgage?
If your down payment is less than 20%, CMHC adds to your mortgage cost but protects lenders.
3. Can I negotiate price at open houses?
Yes! Being prepared and having a pre-approval letter strengthens your position.
4. What’s the best way to check a neighborhood?
Visit at different times of day and talk to potential neighbors.
5. How soon can I move in after buying?
Depends on the seller’s timeline, but many homes close within 30-60 days.
Buying a home in the GTA doesn’t have to be overwhelming. With the right information and team, you’ll be turning the key to your new home before you know it! Reach out today and start your journey! #GTARealEstate #MiltonHomes #HomeBuyingTips
