Buying a House?​

Things to watch out for and what you need to know!
  • Are there additions to the home and are they done with a permit
  • Is the house past marijuana grow op
  • Is it in the Peat Bog area
  • Is there an underground oil tank
  • Are there a lot of new homes on the block
  • What's the neighborhood like
  • Is it close to transit (if you need transit)
  • Is it a high rental area
  • Are there right of ways, easements, and or covenants on the lot?
  • Is the house designated "heritage house"
  • Is it at the end of a T road?
  • Are there renovations done? And if yes who did them
  • What updates were done to the house? Furnace? Hot Water tank? Roof?
  • What type of heating does the house have?
And lots more!

Buying a Apartment/Condo/
​Townhouse?​

Things to watch out for and what you need to know!
  • Know how much is in the contingency fund
  • ​Are there any restrictions, and if yes what are they?ie pet, rental, age
  • Are there any upcoming special levys?
  • Is there a Depreciation report?
  • Is the unit smaller than 500 sqft?
  • Is it a leaky building?
  • In older buildings, can you install an in-suite laundry
  •  Is the building rain-screened
  • Is it a co-op?
  • Parking and locker, does it belong to the unit or is it rented? (Just because the current owner has access to using it doesn't always mean it's owned
  • If upgrades were done, were they done with strata approval and city permits
There is a lot more involved to buying a condo unit than a simple fact of liking it!