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Neighbourhoods that Offer Best Value for Money

With Toronto’s housing market continuing its upward trajectory, it can be difficult to determine which neighbourhoods offer homebuyers a good return on their investment. Thankfully, a new report helps take the guesswork out of the process, providing hard numbers from…

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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…

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What’s Changed in Real Estate with Phase 3

Real estate was deemed an essential service amid Ontario’s state of emergency, which meant business could operate but not as usual. Now, with Toronto in Stage 3, there’s a return to some of the normalcy pre-COVID, or what people like…

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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…

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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…

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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.…

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