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Home buying process overview (Canada)

A high-level map from search to keys. Not a substitute for a purchase agreement, lawyer, or lender.

Last reviewed: August 2026 · Canada-first overview

This overview is informational only and is not legal advice. Offer forms, condition wording, deposit handling, and closing customs differ by province and by deal. Use licensed local professionals.

Showing

Book through the listing contact or your own agent. Walk the property with a checklist: water stains, windows, mechanicals you can see, parking, storage, and noise. A showing is not an inspection.

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Offer

An offer is a written proposal: price, closing date, inclusions/exclusions, and conditions. Competing offers happen in some markets. Your representative should explain strategy; PropertyBin does not write or accept offers.

Conditions

Common condition themes in Canada include financing, home inspection, review of condo documents, and sometimes sale of the buyer current home. Each condition has a deadline. Missing a deadline can have legal consequences — ask your lawyer or agent, not a website.

Deposit (concept only)

A deposit typically accompanies an accepted offer and is held in trust according to the agreement and local custom. Amount, timing, and who holds funds vary. Never wire money because a stranger on a listing chat asked you to.

Close

After conditions are satisfied or waived, a lawyer or notary typically handles title, adjustments, and funds on closing day. Budget time for insurance and utility transfers. Estimate extra costs with tools — they are not invoices.

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