Frequently Asked Questions (FAQ) – A.B.R.E. Team | Ali Bolourchi

Welcome to our FAQ section! Whether you're buying, selling, investing, or just curious – we got answers. If you don’t find what you’re looking for, just hit the Chat or Book a Call button. Let's get you sorted.👇

🏠 BUYERS

Q: How do I start the home-buying process in Ontario? 

A: First, let’s get clear on your budget and pre-approval. Then we narrow down your must-haves and explore the right neighbourhoods. We’ll guide you from search to closing, no stress.

Q: What’s the difference between freehold and condo ownership? 

A: Freehold = you own the building + land. Condo = you own your unit and share the building upkeep via condo fees. We’ll walk you through which fits your lifestyle and budget better.

Q: Can you help with first-time buyer incentives? 

A: 100%. We help you access programs like the First-Time Home Buyer Incentive, RRSP Home Buyers’ Plan, and even co-ownership/down payment assistance options.

Q: I want to buy an investment property – do you help with that? 

A: Oh yes. From cash flow to cap rates, we'll help you make smart investment choices that align with your goals.

🏡 SELLERS

Q: What’s my home worth in today’s market? 

A: We provide a free Comparative Market Analysis (CMA) tailored to your home. Market shifts fast – you’ll want accurate data, not guesswork.

Q: What do you include in your marketing plan? 

A: Everything from pro photos and videos to social media blasts, online ads, open houses, and targeted outreach. Your listing doesn’t just sit there – it works.

Q: How long does it take to sell? 

A: Depends on pricing, staging, and market conditions. We’ll give you a timeline and adjust strategy based on real-time data. No fluff.

🧱 INVESTORS

Q: What’s the best type of property to invest in right now in the GTA? 

A: It depends on your goals – cash flow vs. long-term appreciation. We track multifamily, pre-con, fix & flip, and JV opportunities constantly.

Q: Can you help me find off-market or assignment deals? 

A: Yes, we tap into private networks, investor circles, and agent-only databases. If it exists, we’ll dig it up.

Q: Do you offer property management referrals or help?

A: We’ve got a trusted network. Whether you want to self-manage or go hands-off, we’ll connect you to vetted pros.

👥 REAL ESTATE AGENTS

Q: Do you coach or mentor new agents? 

A: Absolutely. Our 16-Werks training is designed to help you crush the learning curve with hands-on mentorship, marketing tools, and tech guidance.

Q: What’s different about joining the A.B.R.E. Team? 

A: You get personal support, ongoing coaching, branding help, tools like ChatGPT & AI, plus access to our growing investor and client base.

Q: Can I book a one-on-one strategy session with you? 

A: Yes. Agents and team leaders are welcome to book a call to explore mentorship or collaboration. 📅 Book Here

🌐 WEBSITE + TECH SUPPORT

Q: I’m not sure what I need – can I just talk to someone? 

A: 100%. That’s what we’re here for. Book a quick intro call, and we’ll figure it out together.

Q: Can I tour properties virtually? 

A: Yes – we offer virtual showings and video walkthroughs, especially helpful if you're buying remotely or short on time.

Q: I need help using tools like REALM®, Matrix, or Altus – can you help? 

A: Yes! Agents on our team get 1-on-1 tech help. Whether it’s CMA building or contract clauses, we’ve got your back.

🏡 LUXURY HOMES & RICHMOND HILL

Q: Why do luxury homes in South Richvale sell above asking?

A: South Richvale is one of Richmond Hill’s most sought-after enclaves, known for its large estate lots, custom-built homes, and proximity to top schools and Bayview Avenue. Demand consistently outpaces supply in this pocket, which is why well-positioned listings attract multiple offers and close above list price. Buyers are competing for a finite number of high-quality properties, and that competition drives prices up. We know this market well and can help you position on either side of that equation.

Q: What are the most expensive neighbourhoods in Richmond Hill?

A: At the top of the market you will find South Richvale, Bayview Hill, Jefferson, and Mill Pond. These communities feature luxury custom homes, generous lot sizes, and strong school catchments that make them consistently attractive to high-net-worth buyers. Each neighbourhood has its own character, price range, and buyer profile. We can walk you through current comparables so you understand exactly what your budget opens up in each area.

Q: What is the average luxury home price in Bayview Hill?

A: Bayview Hill is one of Richmond Hill’s premier communities, and pricing reflects that. Entry-level luxury in this neighbourhood typically starts in the low $2 million range, with fully custom or extensively renovated homes regularly trading in the $3 million to $5 million range and above. Prices shift with market conditions, so the best way to get an accurate picture is a current CMA based on recent sales. Contact us and we will pull the latest data for you.

Q: How much down payment is required for a $5 million home in Ontario?

A: For homes priced above $1 million, CMHC mortgage insurance is not available, so lenders require a minimum 20% down payment. On a $5 million purchase that means at least $1 million down. In practice, many lenders prefer a larger equity position on ultra-luxury properties and may require 25% to 35% depending on the borrower profile and lender. You will also want to budget for land transfer taxes, legal fees, and other closing costs on top of the down payment. We work with experienced mortgage professionals who specialize in high-end financing and can connect you with the right people.

📍 AREAS WE SERVE

We work across the Greater Toronto Area including:

• Toronto

• North York

• Richmond Hill

• Vaughan

• Thornhill

• Markham

• Aurora

• Newmarket

• Keswick

• Innisfil

• Barrie

• Mississauga

• Durham Region & beyond

🔁 STILL HAVE QUESTIONS?

We get it – real estate isn’t one-size-fits-all. Reach out via:

📞 Call or Text: 416-886-2000 

📅 Book a Free Consultation: Click Here 💬 Or
Chat with us on the website (bottom right of the page!)