Thinking about buying a home someday — but not quite ready yet?

Good news: the best time to open a First Home Savings Account (FHSA) is actually before you’re ready to buy!

I’m Walter Monteiro from the Maximum Results Team, and here’s why opening an FHSA early is a smart move:

✅ Save up to $8,000/year (max $40,000)

✅ Tax-deductible contributions — like an RRSP

✅ Tax-free withdrawals for your first home — like a TFSA

✅ Growth inside the account is tax-free

✅ Not sure you’ll buy? You can roll funds into your RRSP/RRIF tax-free

Even if you’re just starting out, this is one of the best, safest ways to build your future down payment. And if you have a partner? You can each open one and double your advantage. 🙌

Most banks can open an FHSA for you quickly — no stress, no pressure. Start now, let your savings grow, and put yourself in the best position to buy when the time is right.

👋 Have questions about buying your first home or building your savings strategy?

Reach out anytime — Karen & I are here to help you make smart, confident real-estate moves.

📞 Let’s talk:

👉 Walter Monteiro | Maximum Results Team

0:00 Intro

0:08 What is an FHSA?

0:30 Why open it early

0:51 Tax benefits explained

1:18 FHSA vs RRSP/TFSA

1:40 What if you don’t buy?

2:00 Final advice

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