On June 23, 2022, the House of Commons in Canada declared that Canada would enact a temporary foreign buyer ban. This ban would start on January 1, 2023 and run for a period of two years. During the two year period, non-citizens or non-residents of Canada would be...
Whether you’re looking to buy, sell, or refinance a home in Ontario, closing costs are an important consideration. Closing costs can be incurred by both parties and are often necessary for completing the real estate transaction. What are Closing Costs? Closing...
When a tenant agrees to rent a property from a landlord, the rate is usually predetermined for the length of the term. In most standard 1-year residential leases, the rent payable remains the same for every month. However, should a tenant choose to stay, the landlord...
When considering Buying or Selling real estate in Ontario, the handling of offers is paramount to success. REALTORS(R) owe a duty of care to clients and must uphold a code of ethics. Proper handling of offers is central to ethical practice of trading. This is true...
Purchasing an investment rental property in Ontario has long been a strategy to accumulate wealth. Unlike securities, investment real estate offers a unique advantage; tangible assets. In addition, investment properties offer a unique advantage over other forms of...
