Purchasers in most large Canadian centres can add Land Transfer Taxes to their list of closing costs. Unless you live in Alberta, Saskatchewan, or rural Nova Scotia, land transfer taxes (or Property Purchase Taxes) are a basic fact of life. These taxes, levied on properties that are changing hands, are the responsibility of the purchaser. Depending […]
Archives for 2015
What Buyers Want In a Condominium
In Toronto, there are more condos being built than in any other city in North America. Across Canada, condos projects at all price ranges are grabbing home buyers’ attention and down payments. What buyers want in a condo depends partly on where they live, but there are some common themes. A recent survey by TD […]
How Renovations Impact Your Home Insurance
Woody Allen once said: “There are worse things in life than death. Have you ever spent an evening with an insurance salesman?” But if you are planning a renovation to your home and don’t take the time to speak to your insurance broker, you could be making a big mistake. During and after a renovation, […]
The Weather Is Cooling – But The Market Is Not
A total of 7,385 homes were sold in the Greater Toronto area last month, 14% higher than last year and an all-time record for the month of November. With one month still to go, we have already set a new calendar year record for home sales, topping the previous record set in 2007. If you […]
Understand The Full Costs Of Buying A Home
When you’re looking to buy a home, it’s easy to forget that the purchase price is just one of many costs associated with ownership. These costs can add up and take an unexpected chunk out of your budget. So it’s important to understand the full cost of buying a property. PRE-CLOSING COSTS Home inspection Getting […]
Things To Consider When Looking For A Recreational Property
You picture yourself stepping outside your chalet in the crisp morning air, clicking into your bindings and skiing down to the lift to catch the opening run of the day. Or, climbing aboard your snowmobile for an exhilarating day on the trails. For many Ontarians, these idyllic moments are reason enough to own a recreational […]
