Welcome Buyers!

Purchasing a home is one of the most exciting and significant milestones you’ll ever achieve. Whether you’re a first-time buyer or seeking your next investment, making a well-informed decision is crucial. Here’s what you should pay close attention to as you begin your North Vancouver real estate journey:

What to Pay Attention To

1. Your Budget and Affordability
Before you start viewing properties, it’s important to determine your budget. Be realistic about what you can afford, factoring in your down payment, mortgage payments, property taxes, and closing costs. Use our Mortgage Calculator below to estimate your monthly payments and see what fits comfortably within your financial plan.

2. Location and Neighbourhood
Consider which area best suits your lifestyle and needs. Pay attention to things like proximity to schools, public transit, shopping, parks, and community amenities. Spend time visiting different neighbourhoods at various times of the day to get a real feel for the surroundings.

3. Home Inspections and Condition
Don’t overlook the importance of a thorough home inspection. Even newer homes can have hidden issues. Review the condition of major systems—roof, foundation, plumbing, and electrical—to avoid unexpected repairs in the future.

4. Taxes, Fees, and Ongoing Costs
Besides the purchase price, remember to account for property taxes, strata fees (for condos/townhomes), home insurance, and regular maintenance. To get an idea of your ongoing obligations, try our Property Tax Calculator to estimate annual property taxes based on your expected purchase price.

5. Mortgage Pre-Approval
Getting pre-approved for a mortgage can give you a clear idea of your borrowing capacity, demonstrate to sellers that you’re serious, and speed up the closing process.