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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…


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…


12 Ways Real Estate has Changed with COVID-19

Business has been anything but usual since the Ontario government deemed real estate an essential service amid the COVID-19 outbreak. While the decision brought a collective sigh of relief from the industry as it ensured buyers and sellers with a…

Land Transfer Tax Relief

Councillors Push for Land Transfer Tax Relief

Two Toronto councillors want to see an increase in the municipal land transfer tax rebate for first-time homebuyers. Mark Grimes (Ward 3 Etobicoke-Lakeshore) and Brad Bradford (Ward 19 Beaches-East York) tabled the motion in January. The pair have asked city staff to…


Ontario Revamping Real Estate Industry Rules

The Ontario government is revising the province’s real estate laws, which, if passed, will impact home buyers and sellers. The proposed legislation, known as the Trust in Real Estate Services Act, aims to raise professional standards and improve protections and…