Starting in 2024, the Canadian real estate landscape will undergo a notable shift due to the increase in the Vacant Home Tax (VHT), impacting both investors and homeowners. The tax, initially set at 1%, will increase to 3%, which is a big change for property owners. What is the Vacant...
How Does Land Transfer Tax Work In Ontario?
Whether you're eyeing a charming Victorian home in Toronto's Annex or a sleek new condo in Ottawa, land transfer tax is more than just a line item on your closing documents. In this blog, we'll explore how it affects both resale and pre-construction properties, who is exempt from buying the...
What Are The Closing Costs When Buying a Pre-Construction Condo in Canada?
When you're in the market for a pre-construction condo in Canada, it's important to consider the closing costs in your total buying budget. These costs, often overlooked by buyers, can impact your budget and are usually hidden when introducing the project. However, when you work with the right pre-construction specialist,...
Essential Checklist for Preparing Your Property for Sale
Essential Checklist for Preparing Your Property for Sale Sellers in Canada are facing a unique challenge currently primarily due to inflation and soaring mortgage interest rates. It has become more important than ever for property owners in the Greater Toronto Area to ensure their homes are not just appealing, but...
How to Secure a Pre-Construction Condo with the Best View
Thinking about buying a pre-construction condo in the Greater Toronto Area? One of the best parts is waking up to an amazing city skyline view right from your window. But here's the thing: when you're looking at pre-construction condos, it's not always easy to picture what you're going to get....
9 Ways to Prepare for Multiple Offers on Your Property
When the market is hot, homeowners often find themselves in the enviable position of receiving multiple offers. However, that’s not the case right now. But if present a good deal and prospective buyers feel the same, you might receive multiple offers which can drive up the selling price. As an...