News from Canada's Mortgage Experts

Number 7 - Is the neighbourhood new?

Don’t judge a new development solely by the plans. If you can, go to the building site to see where things will be in relation to a lot or building, such as street lighting, fire hydrants, transformers, driveways, or intersections. Find out where schools, retail space, or other amenities are planned. Raise any questions with the builder or representative before you buy.

Number 8 - How is an older neighbourhood showing its age?

Consider the area’s infrastructure, from roads to utilities to schools and other public facilities. Are improvements part of a city or town’s long-term plan?