Terms of Use
Danny Macedo, REALTOR®
Please read these terms and conditions carefully before using this site. This site is provided by Danny Macedo, REALTOR®, Royal LePage Supreme Realty, Brokerage ("we", "us" or "our"). By using this site, you agree to be bound by the terms set out below. If you do not agree with these terms, please do not use this site.
Acceptance of Agreement
By accessing or using this site (the "Site"), located at www.macedorealestategroup.com, you agree to the terms of this Agreement, which constitutes the entire agreement between you and us regarding your use of the Site and its content. We may amend this Agreement from time to time. The current version will always be posted on the Site, and your continued use of the Site after any change constitutes acceptance of the revised terms.
Real Estate Regulatory Notice
This Site is operated in connection with real estate services provided in Ontario by Danny Macedo, REALTOR®, a registrant with the Real Estate Council of Ontario (RECO), operating under Royal LePage Supreme Realty, Brokerage. All real estate services referenced on this Site are provided in accordance with the Trust in Real Estate Services Act, 2002 (TRESA) and the regulations and code of ethics administered by RECO. Nothing on this Site should be taken as a substitute for representation agreements or disclosures required under TRESA.
Copyright
The content, organisation, graphics, design and other elements of this Site are protected by applicable copyright and other intellectual property laws of Canada. You may not copy, reproduce, modify or publish any part of this Site without our express prior written permission.
Modification of Content
We reserve the right, at our discretion and without notice, to edit or remove any content on the Site, including this Agreement.
Indemnification
You agree to indemnify and hold harmless Danny Macedo, REALTOR®, and Royal LePage Supreme Realty, Brokerage, together with their officers, employees and agents, from any liability, loss, damage, claim or expense, including reasonable legal fees, arising from your breach of this Agreement or your use of the Site.
Disclaimer
The content and services provided through this Site are provided "as is" and "as available". To the extent permitted by applicable Ontario and Canadian law, we disclaim all warranties, express or implied, including warranties of merchantability, fitness for a particular purpose and non-infringement. The Site may contain errors or omissions. We are not liable for any indirect, incidental or consequential damages, including loss of business or loss of profit, arising from your use of or inability to use the Site, except where such liability cannot be excluded under Ontario consumer protection law.
Nothing in this Disclaimer excludes or limits liability for death or personal injury caused by negligence, for fraud, or for any other liability that cannot lawfully be excluded under the laws of Ontario, including the Consumer Protection Act, 2002.
All information on this Site is provided for general information only and does not constitute professional, legal, financial or real estate advice specific to your circumstances. You are responsible for independently verifying the accuracy of any information before relying on it, including property listings, market data and valuation estimates.
Limits of Liability
We are not liable for any damage caused by viruses or other harmful components that may affect your device as a result of accessing this Site. We will not be liable for incidental, special or consequential damages arising from your use of, or inability to use, the Site.
Third Party Websites
This Site may link to third party websites. We do not control, endorse or take responsibility for the content, accuracy or practices of any linked site. Visiting a linked site is at your own risk, and that site's own terms and privacy policy will apply to you.
Submissions
Any feedback, ideas or content you submit to us through the Site (a "Submission") may be used by us without obligation of confidentiality or compensation to you, except where you have separately agreed with us in writing that a Submission remains your property, or where such use would breach the Copyright Act (Canada) with respect to material you did not create.
Consent to Be Contacted
By submitting your contact details through this Site, you consent to being contacted by Danny Macedo, REALTOR®, by telephone, text message or email regarding your enquiry, in accordance with Canada's Anti-Spam Legislation (CASL). Where consent is required under CASL for commercial electronic messages, we will obtain it before sending such messages. You may withdraw your consent at any time by using the unsubscribe link in any email, by replying "STOP" to any text message, or by contacting us directly at [email protected]. Standard message and data rates may apply. Submitting your details is never a condition of buying or selling any property, or of purchasing any goods or services.
Privacy
This Site collects personal information through its contact and enquiry forms, including at minimum names, telephone numbers and email addresses. That information is collected, used and disclosed in accordance with the Personal Information Protection and Electronic Documents Act (PIPEDA). Because the Site actively collects personal information, a standalone Privacy Policy is required, and should be linked from this page and from every form on the Site, disclosing what is collected, why, who it may be shared with, how long it is retained, and how a visitor can access, correct or request deletion of their information. That Privacy Policy has not yet been drafted and should be treated as an outstanding item before any form on the Site goes live or continues collecting data.
Accessibility
We aim to meet the requirements of the Accessibility for Ontarians with Disabilities Act, 2005 (AODA) in the design and operation of this Site. If you encounter an accessibility barrier, please contact us at [email protected].
Governing Law and Jurisdiction
This Agreement is governed by the laws of the Province of Ontario and the federal laws of Canada applicable in Ontario, without regard to conflict of law principles. Any dispute arising from this Agreement or your use of the Site shall be subject to the exclusive jurisdiction of the courts of Ontario.
Contact and General
This Site is operated by Danny Macedo, REALTOR®, Royal LePage Supreme Realty, Brokerage, 110 Weston Road, Toronto, Ontario, M6N 0A6. You may contact us at [email protected]. If any provision of this Agreement is found to be unenforceable, the remaining provisions will continue in full force.
Last updated: September 10th, 2026
Royal LePage® Supreme Realty, Brokerage
110 Weston Road
Toronto, ON M6N 0A6
Call 416-535-8000
Text 647-931-5151
Copyright 2026. Macedo Real Estate Group, Danny Macedo, Sales Representative, Anthony Rocco Macedo, Sales Representative, Royal LePage Supreme Realty, Brokerage all rights reserved assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
Elite Broker Blogs
━━━━━━━━
Renting First or Buying Straight Away When You Move to the GTA
If you are moving to the Greater Toronto Area from another city or another country, the first question is not which neighbourhood to live in. It is whether to rent first or buy straight away. Both choices have a cost, and neither is obviously right. The answer depends on your timeline, your savings, and how well you already know the market.
Here is the arithmetic on each side.
The Case for Renting First
Renting gives you time. Time to learn which neighbourhoods suit your commute, your children's schools, and your daily routine. Time to watch the market through a full season and understand how pricing works in the GTA before you commit the largest purchase of your life.
A one-bedroom rental in the City of Toronto currently runs between $2,200 and $2,800 per month depending on location and building. A two-bedroom ranges from $2,800 to $3,500. A three-bedroom townhouse in the 905 suburbs sits closer to $2,500 to $3,200.
Those are real costs, and they do not build equity. But they are also predictable, and they end when you choose. If you rent for twelve months at $3,000, the total cost is $36,000. That buys you a year of market knowledge and the ability to make an informed offer when you are ready.
The risk is that prices move up during that year. In a market where the average price has actually dipped 2.7 per cent year over year as of August 2026, that risk has been low over the past twelve months. Whether it remains low depends on factors no one can predict with certainty.
The Case for Buying Immediately
Every month you rent is a month your housing cost builds nothing. If you arrive with the savings for a down payment, a pre-approval from a Canadian lender, and a clear idea of where you want to live, there is no financial reason to wait.
The GTA average selling price in August 2026 was $993,410. A 20 per cent down payment on that figure is $198,682. At the current five year fixed mortgage rate of 6.09 per cent, the monthly payment on the remaining $794,728 over 25 years is approximately $5,127.
If you are arriving from a market where you sold a home, you may already have the equity. If you are arriving from a rental market or from overseas, assembling that down payment is the first hurdle, and it is worth addressing before you start viewing properties.
The advantage of buying immediately is that you lock in today's price and today's rate. You begin building equity from month one. And you avoid the disruption of moving twice, once into a rental and again into a purchased home.
The Hidden Costs on Both Sides
Renters face moving costs, last month's rent deposits, and the risk of rent increases on renewal. Ontario's rent increase guideline applies only to units occupied before November 15, 2018, or to purpose-built rental buildings. Many newer condos and townhouses are exempt, and your landlord can raise the rent to whatever the market will bear when your lease renews.
Buyers face land transfer tax, which in the GTA is substantial. Ontario charges a provincial land transfer tax on every purchase. The City of Toronto adds a municipal land transfer tax on top. On a $993,410 purchase in Toronto, the combined land transfer tax is roughly $32,000. Outside the city, in York Region or Peel Region, you pay only the provincial tax, which is roughly $16,000 on the same price.
First time buyers qualify for rebates on both the provincial and municipal land transfer taxes, which can reduce the upfront cost by up to $8,475 combined. But if you have owned a home anywhere in the world before, those rebates are not available.
Add legal fees, a home inspection, title insurance, and potential adjustments for property tax and utility prepayments. The total closing cost for a buyer in the GTA typically runs between $35,000 and $55,000 above the down payment, depending on the property and the municipality.
A Framework for Deciding
If you have the down payment, a pre-approval, and you already know the neighbourhood you want, buying immediately saves you the cost and disruption of renting. If any one of those three pieces is missing, renting for six to twelve months is the more sensible path.
There is no penalty for taking your time in a balanced market. The GTA in August 2026 had 4.6 months of inventory, which is neither a seller's market nor a deep buyer's market. Homes are available, and the pace of sales is not so fast that waiting a few months will cost you an opportunity.
What will cost you is buying in a neighbourhood you do not understand, at a price you have not verified against comparable sales, under time pressure you imposed on yourself.
Source: TRREB Market Watch, August 2026. Rental figures are approximate market ranges and will vary by building and location. Land transfer tax figures are estimates based on current Ontario and City of Toronto rate schedules.
If you are relocating to the GTA and want to understand how the numbers work for your situation, call me at 416-560-4983. I will walk you through the buying process, the costs, and the neighbourhoods that fit what you are looking for.
Danny Macedo
REALTOR®, Macedo Real Estate Group
Royal LePage Supreme Realty, Brokerage
416-560-4983
