skip to Main Content

Land Transfer Tax Primer for Homebuyers

Having your offer accepted is one of the most exciting moments in the home-buying process. However, your euphoric mood can quickly change if you’re not prepared for the costs of closing the sale. When purchasing property in Toronto, land transfer…

READ MORE

Open Houses Resume with Rules for Buyers

Toronto’s Stage 3 entry marked the return of in-person open houses; however, the homebuying past-time is not the same. Visitors are expected to comply with all government and public health and safety protocols, including wearing a mask, not touching anything and keeping…

READ MORE

How to Set a Budget for Buying a Home

It is important to figure out how much you can comfortably afford ahead of home hunting to avoid being house rich and cash poor after your purchase. Also, the more you know about your current financial situation, the better prepared…

READ MORE

New CMHC Rules to Hurt First-Time Homebuyers

People looking to break into the housing market may face an uphill battle come July 1. The country’s largest insurer of residential mortgages is tightening its lending rules for “riskier” borrowers, defined as those with less than 20% down payment.…

READ MORE

Stress Test Changes to Increase Buying Power

The busy spring home-buying season may be more frenzied as changes to the country’s mortgage stress test come into effect. Beginning April 6, Canadians applying for default-insured mortgages — those with less than 20% down payment on a new purchase…

READ MORE
Open House Article

How to Make the Most of an Open House

Perusing online real estate listings is a convenient and simple way to get a general idea of what is available and at what cost. However, they rarely discuss a property’s flaws and photos may be specifically styled to give a…

READ MORE

Five Reasons to Buy a House in Winter

Winter isn’t typically the time that people want to go house hunting. The weather outside can be frightful and it’s usually hectic because of the holidays. However, there are some advantages to buying during this season. Less Buyer Competition While…

READ MORE