Suban Sinnadurai

If you are a first-time buyer in the GTA waiting because you think the market is too expensive, you might be missing a real opportunity right now.

Home prices in the GTA are down around 6 to 8 percent compared to last year, and we are currently in a buyer’s market.

That means more inventory, more negotiating power, and better deals for buyers who move correctly.

The problem is most first-time buyers are guessing what they can afford or relying on online calculators that do not reflect real approvals.

So they either wait too long or make the wrong move.

Smart buyers are getting a clear plan first.

Someone buying a $700,000 property can enter the market with around $35,000 to $50,000 down depending on the structure.

Others are buying condos in the $500K to $650K range and keeping monthly payments close to what they were paying in rent.

You do not need perfect credit. You do not need to figure everything out alone.

You just need to understand what actually works for your situation.

If you are serious about buying your first home in the next 3 months, book a consultation and we will break down your numbers and give you a clear plan.

Suban Sinnadurai | Mortgage Broker
Structured advice. Long-term strategy.
LIC # M14000866
10+ Years of Experience
1,000+ Clients Served
📞 416-305-3103
🌐 subansinnadurai.ca

Most first-time buyers in the GTA are missing this window right now.

A lot of buyers are waiting. Waiting for rates to drop. Waiting for prices to fall. Waiting for the perfect time.

But the market is already in a buyer’s phase.

Prices are down compared to last year, inventory is up, and competition is lower.

That is exactly when smart buyers move.

Once demand picks back up, those opportunities disappear quickly.

Right now buyers have options across different price points.

Condos in the $500K range. Townhomes closer to $700K to $900K. Detached homes above $1M depending on location.

Many buyers are entering with 5 to 10 percent down depending on the purchase price.

You do not need to guess. You do not need to rush.

You just need to understand your numbers and your options.

If you are thinking about buying your first home this year, book a consultation and we will map it out properly.
Suban Sinnadurai | Mortgage Broker
Structured advice. Long-term strategy.
LIC # M14000866
10+ Years of Experience
1,000+ Clients Served
📞 416-305-3103
🌐 subansinnadurai.ca

A content creator making $120,000 a year got declined for a mortgage three weeks ago.

No missed payments. No major debt.

But the bank only counted about $40,000 of her income.

She was a makeup artist and lifestyle influencer with brand deals, cash flow, and consistent monthly deposits.

The problem was she was not incorporated and had no structured income history the bank could properly use.

Even though she was bringing in close to $10,000 a month, on paper she did not qualify.

The deal stopped before it even reached full approval.

We used alternative programs that allow for stated income and properly documented cash flow.

We also restructured her business so future applications reflect her real income.

She is now approved and moving forward with a purchase around the $700,000 range.

If your income is not structured properly, the bank will not see the full picture.

That does not mean you do not qualify. It means you need the right strategy.

Book a consultation and we will structure the file the right way.
Suban Sinnadurai | Mortgage Broker
Structured advice. Long-term strategy.
LIC # M14000866
10+ Years of Experience
1,000+ Clients Served
📞 416-305-3103
🌐 subansinnadurai.ca

If your rent is over $2,500 a month, you need to look at this.

Right now, average rent in Ontario is around $2,200 to $2,400 depending on the unit.

That is money going out every month with no long-term return.

At the same time, the market has shifted.

Prices have come down, inventory is up, and buyers have more control right now.

But most people still think buying is out of reach.

That is not always true.

With 5 percent down, buyers can enter the market starting around $500,000.

That is about $25,000 down.

Some buyers are structuring deals where their monthly payments are not far off from what they were paying in rent.

The difference is now they are building equity.

The issue is not whether it is possible. The issue is not having a clear plan.

If you are a first-time buyer and want to understand what you can actually afford, book a consultation and we will walk through it step by step.
Suban Sinnadurai | Mortgage Broker
Structured advice. Long-term strategy.
LIC # M14000866
10+ Years of Experience
1,000+ Clients Served
📞 416-305-3103
🌐 subansinnadurai.ca