GTA Real Estate Market Update by Toronto Real Estate Board TORONTO, ONTARIO, July 6, 2022 3 Higher borrowing costs continued to impact home sales in June 2022. Sales totalled 6,474 3 down by 41 per cent compared to last year9s strong result. The number of transactions was also down compared to May 2022, but this […]
GTA REALTORS Release May Stats GTA Real Estate Market Update by Toronto Real Estate Board TORONTO, ONTARIO, June 3, 2022 – Greater Toronto Area (GTA) housing market conditions continued to evolve in response to higher borrowing costs. Similar to April results, May 2022 sales were down on a monthly and annual basis. Conversely, active listings […]
Toronto Regional Real Estate Board released the following key housing market statistics for April 2022 GTA REALTORS® RELEASE APRIL STATS GTA Real Estate Market Update by Toronto Real Estate Board TORONTO, ONTARIO, MAY 4, 2022 – The Greater Toronto Area (GTA) housing market continued its adjustment to higher borrowing costs, with the number of transactions […]
In summer, outdoor spaces can become extensions of our living space. If you have a garden or patio, adding some comfortable furniture, sources of light and other outdoor accessories can help transform your outdoor space into an inviting place to relax and unwind. Here is our list of outdoor living essentials that you need to […]
February 1st, 2021, The Ontario government established the Home Construction Regulatory Authority (HCRA) to enhance the professionalism of the new home building industry in Ontario and to increase consumer protection. The establishment of a separate regulator for new home builders and vendors will ensure that new home builders and vendors are held to professional standards and […]
Welcome to the lovely area of Oak Ridges. Home of Lake Wilcox, Sunset Beach and Bond Lake. This a lovely community to buy a property and raise your family: The East Humber Trail: The East Humber Trail is a recreational walking & hiking trail. It passes through a variety of vegetation communities and land form […]
Tips On Starting Your Own Home Vegetable Garden Have you ever considered starting your own garden? With summer finally here, there’s no better time to do so than now! It can be a daunting task at first but it’s not that bad once you get a start on it. If you’re still debating whether or […]
So you’ve fallen in love with a new home and have decided to make an offer. But before you do, speak to your real estate agent about getting a home inspection. Having a professional home inspector go through the property and assess its current condition will give you a better sense of whether you want […]
Whenever you purchase a new condo, there is a period of time between when you take occupancy of your unit and when you take ownership of your unit. This is known as the ‘occupancy period’ or ‘interim occupancy’. During this period you will be requested by the developer to pay occupancy fees or ‘phantom rent’ […]
Did you buy your first home in 2019? If so, the Federal Government has a program that just might put $750.00 back in your pocket, or half of that, if only one of the two people on title is a first-time home buyer. To confirm whether or not you meet the criteria be sure to […]
The following will help you identify the potential for roof failure. CURLING The upward curling of shingle tabs makes them highly susceptible to wind and ice damage. This is a problem on older roofs where moisture build-up in the attic affects the underside of the shingle. BROKEN SHINGLES Damage can be caused […]
ELIGIBILITY REQUIREMENTS NOTE: On November 14, 2016, the Ontario government increased the first time buyer deduction from $2,000 to $4,000 (on first $368,000 of price) on purchases closing after January 1, 2017. Eligibility requirements for refund/deduction for first time buyers for Ontario Land Transfer Tax are: 1) Purchaser must be 18 years or older 2) Must […]
As of January 27, 2009, first-time home buyers may be eligible for an income tax credit for their closing costs. However, “first-time home buyer” can be misleading. Please consider the following: WHO: An individual is considered a First-Time Home Buyer if neither the buyer, or his/her spouse or common law partner owned and lived in […]
DID YOU KNOW? Qualified buyers may borrow INTEREST FREE for 15 years from your RRSP savings. You are allowed to borrow up to $25,000 per buyer ($50,000 per couple) towards the cash down payment on the purchase of a residence. Banks often discourage clients from going this route when purchasing a residence, because banks want […]