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Ontario's Trusted Bungalow and Downsizing Experts
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The Real Downsizing Checklist
Downsizing is more than "sell, buy, move." It's a series of decisions that shape your finances, your lifestyle, and your peace of mind for years to come.
1.
Know Your Market
Look at what homes like yours are actually selling for vs listing for (a big difference in today's market).
Track days on market (DOM). Properties that sit longer mean room for negotiation
Watch for bungalow-specific trends: Kitchener averages around $724K, Waterloo $800K, and Cambridge around $718K.
Compare neighbourhoods and smaller towns: Elmira, Baden, New Hamburg, and Wellesley can have very different pricing than the city cores.
Stay updated: markets move monthly. A home worth $750K today may sell for more or less in just a couple months.
Cambridge
Largest inventory, room to negotiate
Cambridge
Largest inventory, room to negotiate
2.
Understand Your Finances
Current value: Get a realistic market evaluation (not just a Zestimate or tax assessment).
Mortgage position: Check remaining balance, penalties, and how they affect your equity.
Closing costs: Factor in legal fees, moving expenses, land transfer tax, and REALTOR fees.
Net walk-away: Subtract costs from your sale price to know what you'll have in hand.
Future planning: Run "what if" scenarios. Today, 1 year, 2 years, 5+ years.
Financing the next step: Will you need a bridge loan if you buy first? can you downsize mortgage free?
Cambridge
Largest inventory, room to negotiate
Cambridge
Largest inventory, room to negotiate
3.
Define Your Next Home
Property type: Freehold bungalow, condo bungalow, apartment, lifestyle community, etc.
Features: Garage, lot size, finished basement, upstairs laundry, accessibility upgrades, yard maintenance, kitchen.
Budget fit: Use your walk away equity to define what you can buy comfortably.
Location matching: Kitchener, Waterloo, Cambridge, Elmira, Baden, Fergus, Woodstock, Ingersoll, Listowel, New Hamburg, Brampton, Milton, Brantford, Toronto, Ayr, etc.
Lifestyle goals: Do you want to travel, lock and leave, or maintain a yard and garden?
Cambridge
Largest inventory, room to negotiate
Cambridge
Largest inventory, room to negotiate
4.
Prepare Your Current Home
Property type: Freehold bungalow, condo bungalow, apartment, lifestyle community, etc.
Features: Garage, lot size, finished basement, upstairs laundry, accessibility upgrades, yard maintenance, kitchen.
Budget fit: Use your walk away equity to define what you can buy comfortably.
Location matching: Kitchener, Waterloo, Cambridge, Elmira, Baden, Fergus, Woodstock, Ingersoll, Listowel, New Hamburg, Brampton, Milton, Brantford, Toronto, Ayr, etc.
Lifestyle goals: Do you want to travel, lock and leave, or maintain a yard and garden?
Cambridge
Largest inventory, room to negotiate
Cambridge
Largest inventory, room to negotiate
5.
Plan the Transition
Timeline: Decide when you want to move, whether it's immediately, in a year, or over several years.
Buy First vs Sell First: Each has advantages (buy first = security, sell first = financial clarity).
Moving services: Book movers and storage early.
Logistics: Utilities, mail forwarding, address change, insurance updates.
Support team: Real estate, legal, mortgage, moving, or BungalowBoss.ca where we do all of that for you.
Cambridge
Largest inventory, room to negotiate
Cambridge
Largest inventory, room to negotiate
6.
Avoid the Common Pitfalls
Rushing to buy without selling first or selling too quickly without a backup plan.
Underestimating moving costs, closing fees, or renovation needs.
Ignoring the emotional side: downsizing isn't just financial, it's about adjusting lifestyle.
Over renovating before selling; not all upgrades return value.
Forgetting tax implications if you're selling investment property vs primary residence.
Cambridge
Largest inventory, room to negotiate
7.
BungalowBoss Next Level Tools
$10,000 Downsizing Rebate: qualify for it today.
Logistics Coordination: we handle everything from real estate to lawyers to moving.
Financial Downsizing Calculator: run real numbers with clarity.
Exclusive Bungalow Listings: curated weekly, by location and price.
Video Walkthroughs: explanations of all strategies and steps.
The Full Guide: cover every angle on downsizing.
Cambridge
Largest inventory, room to negotiate
Cambridge
Largest inventory, room to negotiate
Get in Touch with Us
BungalowBoss.ca Office
Keller Williams Innovation Realty
640 Riverbend Dr, Kitchener, ON
(226) 907-4448
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