The conversation around down payments often starts at 20%.

But here’s the truth: you don’t need 20% down to buy a home in the GTA.

A 5% down payment can create opportunity, earlier market entry, preserved liquidity, and the ability to begin building equity now. For many buyers, it represents access rather than limitation.

At the same time, there are other factors that must be weighed carefully. Every decision should align with financial comfort, long-term plans, and current market conditions.

Homeownership is not about chasing a “perfect” number. It is about understanding options and making informed moves.

Ready to explore your purchasing power in today’s market? Send a DM now!