Your Dream Home Is Closer Than You Think.

Your Dream Home Is Closer ThanYou Think.

get up to $50,000 or 2% of the property price towards your home’s down payment.

down-payment-assistance-programs-at-tonsto-for-your-dream-home

Canada’s Leading Real Estate Platform with Game-Changing Home Buying Solutions

game-changing-down-payment-assistance-for-home-buyers

Access up to

$50,000

in cash back—equivalent to 2% of your home’s value.

Enjoy up to

0.25%

lower mortgage rates, helping you save thousands.

Over

$1 Billion

in mortgages funded through our trusted partner network.

Your Path to Homeownership Made Easier with Tonsto

No Extra Costs or Shared Equity

Down payment assistance with no interest, debt, or equity attached – up to 2% cash back advance. You don’t have to pay any extra charges or give up a part of your home to us.

Assistance Without Any Obligations

There's no hard and fast rule that you've to work with us again when you buy or sell a home in the future. Our only goal is to make homeownership affordable and easy for you. 

See If You Qualify in 60 Seconds

No need to fill out a complex form to find out if you're eligible for the down payment boost. Just enter a few basic details, and we'll check if you qualify in just 60 seconds.

Dedicated Real Estate Experts

Get connected with an expert Realtor in your preferred city. The Realtor will help you find a home within your budget and guide you through each step of the buying process.

Fast, Easy Mortgage Pre-Approval

Get pre-approved for a mortgage in just 24 hours. Our mortgage pre-approval process is simple and quick and can save you up to 0.25% in interest rate. Plus, it won't hurt your credit score.

Expert Legal Help on Closing Day

Complete all the steps and processes of the closing day even from a distance with the help of our lawyers by paying a flat fee. Save up to 25% by working with our lawyers.

How It Works

01

Initial consultation with the Tonsto expert

02

Get mortgage pre-approval from the bank or Licensed mortgage agent

03

Home Search with an experienced real estate agent in your preferred city

04

Offer Submission once the home is finalised

05

Home Inspection by a licensed inspector after acceptance of the offer

06

Get up to 50,000 down payment from Tonsto before the closing

07

Get the help of a licenced Lawyer to close the deal

how-it-works-first-time-home-buyer-assistance-by-tonsto

Discover How Much Tonsto Can Save You!

Home Price

Down payment Required(*minimum down payment required is 5%)

$35,000

New down payment with Tonsto

$23,000

Boost from Tonsto

$12,000

Savings on Mortgage

$29,992

Down payment Required(*minimum down payment required is 5%)

$35,000

New down payment with Tonsto

$23,000

Boost from Tonsto

$12,000

Savings on Mortgage

$29,992
Total Savings with
$41,992

*This tool provides an estimate for demonstration purposes only. Your actual down payment savings will depend on your unique circumstances, including lender terms and property specifics.

Why Choose Tonsto?

We are here to simplify the process of finding, funding, and purchasing your new home with trusted assistance.

Others
Down Payment Assistance (up to 2% of Property Price)
Tonsto’s Account Manager
Experienced & Dedicated Realtor
Mortgage Support
Legal support
Property Showings
Manage Offers and Negotiations
Deal Closing Support
Pre-construction Listings
Best For Investment Properties
Transparent Process
On-Demand Real Estate Reports & Stats
Alerts for Important Milestones in your Transaction
Same Day Pre-Approvals (No impact on Credit Score)
Best in Industry Mortgage Partners
Access to Various Mortgage Products

*We earn a 2.5% commission when you buy a home. We keep a small portion and return most of it to you upfront, to help you close the gap between your savings and the down payment.

Mortgage Made Easy, Savings Made Big

With Tonsto's trusted lending partners across Ontario and top-tier banking allies, your homeownership dreams are backed by the best in the business.

tonstos-trusted-lending-partners-and-top-tier-banks-across-ontario

Fast Pre-Approvals, Zero Impact

Get pre-approved in 24 hours with a soft credit check.

Big Savings, Bigger Dreams

Save up to (0.25%) on rates and thousands on your mortgage!

partner-with-an-expert-realtor-for-home-buying-and-down-payment-assistance-at-tonsto

Partner with a Trusted, Expert Realtor to Find Your Dream Home

When the time comes for you to look for your new home, we’ll partner you with an expert Realtor in your preferred city. The Realtor will guide you through each step, from the initial home search to the closing of your new home. They’ll give you honest and expert advice, and ensure that the buying experience is as easy and enjoyable as possible for you. Whether it’s finding the perfect home, understanding the market conditions, negotiating the best deal, or handling paperwork, the Realtor will take care of it all, so you don’t have to worry.

Buying a new home should be a joyful experience, and we are here to make it that way!

tonsto-down-payment-assistance-program-faqs

FAQ

TONSTO’s Down Payment Assistance Program is an advanced Cash-Back Program designed for eligible home buyers. We provide financial support for up to 2% of the property price you are interested to buy. Our objective is to help bridge the gap for individuals and families who need additional help to secure their down payment, making homeownership more accessible and achievable.

You can check if you qualify for the program using our online link within 60 seconds. Please use this link to submit your application.
Key Eligibility Criteria:
  • A combined household income of $90,000 or above.
  • Combined savings of $15,000 or above (in your Current, Savings, RRSP, TFSA, and FHSA accounts).

You will receive up to 2% of the home price through this Downpayment Assistance Program.
For e.g. : If you want to buy a house worth $800,000 – TONSTO will provide up to $16,000 towards your down payment.

No. You do not need to pay this money back. TONSTO will not own any equity or put a lien on your property. Also, it is not required to sell your house through us.

You do not have to pay any money to TONSTO while buying the house. Since we have over 200+ verified, vetted, and experienced realtors, we would be assigning a realtor to work with you based on the city or region you are interested in buying the property. Realtors will be paid by TONSTO based on the time and effort they are investing.
  • Property Showings by a Realtor (approx. 3 hours): $200
  • To Submit an Offer: $200 per offer
  • When an offer is Accepted: $500
This final cost is deducted from the 2% commission we give back to you for your Down Payment Assistance, hence keeping all costs efficient, fair, and transparent. There are no other hidden costs.

Yes, you will be working with a licensed realtor from over 200+ licensed and vetted real estate agents. You will be assigned a Real Estate Agent based on the city or region where you are looking to buy a property in.

No, one would not be eligible for the program if you’re already working with a realtor. It is recommended to partner with any of the 200+ qualified realtors based on your requirements, which TONSTO will take ownership of.

At TONSTO, we've eliminated the unnecessary costs that make traditional real estate and mortgage brokerages expensive, such as manual account management and large sales teams. This allows us to redirect the traditional commissions towards your down payment. Additionally, we pay our Realtors based on performance, ensuring you receive dedicated, high-quality service throughout the entire home buying journey.

Yes, you can use funds from all three equivalent programs to contribute towards your down payment.

Currently we only have a bandwidth to accept 75 applicants to apply for the Down Payment Assistance Program in a month. If you couldn’t apply this month – please add your details to the waitlist. Submit your application here.

No, there are no restrictions on the type of home you can purchase. You are free to choose any property that fits your needs and budget. However, it’s important to ensure that the property meets your personal requirements and is within the parameters set by any financing or government assistance programs you may be using.

The amount that you qualified for, will be issues during the time of your home purchase (i.e., during the closing of your home) – this will be directly credited to the lawyers trust account.

It is not mandatory that you must sell them through TONSTO, however, we can help you sell your property when you feel it is the right time. There will not be any lien on the house that you’ve purchase, through the Down Payment Assistance Program.

Yes, you can still qualify for a Down Payment Assistance Program even with existing debt. However, your eligibility will depend on factors such as your debt-to-income (DTI) ratio, credit score, and the type of debt you have. Lenders will assess your ability to manage your existing debt and the new mortgage. It's important to ensure your DTI is within acceptable limits and that you're current on all debt payments.

No, applying to see if you qualify for the Down Payment Assistance Program won’t affect your credit score since we don’t do credit checks. Plus, our mortgage partners can offer you mortgage pre-approval with a soft credit check, which also keeps your credit score safe.

When you purchase a property through us, we charge a 2.5% commission from the seller for representing you as the buyer. We keep a portion of this commission and return the majority (up to 2%) of it to you upfront. This can be used to increase your buying power or help cover the difference between your down payment and your savings. With our partnered services with Realtors, Mortgage Agents, and Lawyers – we look to make your home buying journey more cost efficient and easy.

No, there is no limit. You can visit as many properties as you want. Provided, it’s highly recommended to work with a realtor and realize your ideal homes’ requirement before planning visits to make sure you utilize the full potential of the Down Payment Assistance Program.

Yes, you will be able to make use of the program for purchasing a commercial or preconstruction project. Please check if you are eligible for the project by submitting your application.

Making buying a home easy for you.

Instant down payment support
Expert advise with no additional cost
You don't have to sell with us
No future commitments

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