For many people in Toronto, one question has become increasingly difficult to answer: Should I keep renting, or is it time to buy a home?

With changing interest rates, mortgage qualification requirements, and uncertainty about where the market is heading, there is no simple answer. Buying is not automatically the better financial decision, and renting does not necessarily mean you are “throwing money away.”

That is the conversation Latin-Canadian Realtor Andres Ramirez of Synergy Real Estate wants to bring to the community.

On Saturday, October 24, 2026, Andres will host “Rent or Buy in Today’s Market? Get the Honest Answer,” an educational event in Toronto designed to help renters, first-time buyers, newcomers, and families better understand their options before making one of the biggest financial decisions of their lives.

A Practical Look at Renting vs. Buying

The event is built around a simple idea: before deciding to buy a home, people should understand the numbers behind the decision.

For some households, buying may be a good next step. For others, continuing to rent while improving savings, credit, income, or reducing debt could be the smarter strategy.

The seminar will look at the real costs of renting compared with owning, how mortgage qualification works, what buyers may realistically be able to afford, and how programs and accounts such as the First Home Savings Account (FHSA) and RRSP Home Buyers’ Plan can fit into a homeownership strategy.

Just as importantly, the discussion will cover situations where buying may not make sense yet.

That distinction matters. The purpose is not simply to tell everyone they should purchase a property. It is to give attendees enough information to make a decision based on their own finances, goals, and lifestyle.

Bringing Different Experts Into One Conversation

One of the advantages of the event is that the discussion goes beyond real estate.

Andres Ramirez will be joined by professionals from accounting, law, mortgages, and real estate, including Terrence Marshall, CPA; Ibrahim Abowath, J.D.; Ian Serota; MacDaniel Phillips; and Heaven Kaymen Joseph.

This multidisciplinary approach reflects how Synergy Real Estate works with clients. Buying a home is rarely just about finding a property. Taxes, financing, legal considerations, savings strategies, closing costs, and long-term affordability can all influence whether a purchase makes sense.

The event will also include a real buyer case study showing how FHSA and RRSP planning contributed to an approximately $30,000 tax refund, demonstrating how financial planning can become part of a broader home-buying strategy.

Helping the Latin Community Navigate Canadian Real Estate

For Andres Ramirez, the conversation is particularly relevant to Toronto’s Latin community and newcomers to Canada.

Understanding the Canadian real estate and mortgage systems can be challenging, especially for people who did not grow up with these financial systems or who are purchasing their first home in Canada.

By creating an educational setting where people can ask questions directly, Andres hopes to make those decisions easier to understand and less intimidating.

Attendees will have an opportunity to hear from the speakers, participate in a Q&A, discuss their questions, and better understand what steps they may need to take next.

Event Details

Rent or Buy in Today’s Market? Get the Honest Answer takes place Saturday, October 24, 2026, from 10:30 a.m. to 1:30 p.m. at 70 Canuck Avenue, Toronto, Ontario M3K 2C5.

The event includes the educational seminar, discussion, Q&A, lunch, and free parking.

For anyone wondering whether to keep renting, start preparing to buy, or make a move now, the event is intended to help answer a more useful question than simply “Is buying better than renting?”

Does buying a home make sense for me right now, and if not, what should I be doing today to prepare for tomorrow?

Registration is available through the event’s Eventbrite page at www.rentorbuyhome.eventbrite.ca