As we approach the legalization of home cannabis cultivation and recreational use, there are many questions around the impact that it may have on the real estate market. Concerns revolve around the influence it could potentially have on property values. Most mortgage companies were unwilling to insure homes that were formerly used as cannabis grow operations. …
The new standardized lease agreement was created by the Ontario government for private residential leases of various property types including single and semi-detached houses, apartment buildings, condos and secondary units. Effective April 30th, 2018, all leases used by a landlord in Ontario must be drawn up on the new standardized lease. For any lease that is …
While the sale of your principal residence has not had any tax implications in the past, 2016’s changes to reporting should be taken seriously. If you don’t report the sale on your income tax return, you could be subject to a fine up to $8,000. While the CRA may reassess your tax returns going back …
Did you read the Toronto Star article on April 7th about the Oakville real estate market? We certainly made the news. While it’s important to realize that sensational headlines sell papers, the message of shifting markets is accurate and the content is food for thought. They talked about the buyers who purchased new builds from Mattamy …
The app Houzz is one of our favourite places to search for what’s new and trending in homes. They have great articles and a myriad of photos – so the perfect place to go for inspiration. Of course, we also have a number of wonderful stagers with interior design backgrounds that we work with – …
Dominion Lending Centre Mortgage Agent Jeff Dickson sends us a weekly rate minder. It’s clear from his more recent mailings that both the posted rates and the preferred rates are on the rise. His recent report attributes some of the upward pressure on an unexpectedly strong US jobs report. With January job creation exceeding estimates, …