Real Estate News: The Latest, Top Articles in Ontario Canada
Get the most recent real estate news and real estate trends to hit Ontario's housing industry.
Best of Real Estate Articles
Understanding the Role and Requirements of Realtors
What a Realtor Does For You Many people use the terms “real estate agent” and “Realtor” interchangeably. While the terms are related, they hold a key distinction. Understanding the Role and Requirements of Realtors helps you choose the right professional for your property journey. Every home buyer and seller should know who they are working […]
Realtor Fees and Commissions
Understanding Real Estate Agent Fees and Commissions The complexity of realtor fees and commissions can feel overwhelming for both first-time buyers and seasoned property investors. However, it is an essential part of the real estate process that we cannot ignore. In this article, we will guide you through the intricate web of these fees and […]
Relocation Information
Information and Services for Your Move Moving to a new area presents a unique set of opportunities and challenges. You are not just buying a new property; you are choosing a new lifestyle, community, and future. The process requires careful planning and access to the right resources. Expert relocation information and services provide the support […]
Luxury Property Sales and Marketing
Effective Strategies for High-End Property Sales Selling a high-value home requires a distinct and sophisticated approach. The standard methods used for typical properties are often insufficient for the premium market. A successful transaction depends on a deep understanding of the affluent buyer, impeccable presentation, and a precisely executed plan. Effective luxury property sales and marketing […]
Realtor Selection and Relationship – Forging a Winning Partnership
Realtor Selection and Relationship – Creating a Successful Partnership Choosing a realtor is more than a simple decision—it is a strategic maneuver in the journey of real estate. An adept realtor holds the power to simplify the process of buying or selling a home, to ensure you get the best deal possible, and to convert […]
Navigating Property Matters During a Separation and Divorce
Property Considerations in Separation and Divorce Going through a divorce is a challenging and emotional process, and navigating property matters during a separation and divorce can add another layer of complexity. Divorce real estate agents specialize in working with these sensitive situations, assisting both parties in reaching a fair and equitable resolution. This article will […]
Maximizing Success in Rural Real Estate
Achieving Your Goals in the Country Property Market Many people dream of living in the countryside. They desire more space, a closer connection to nature, and a peaceful environment. Buying or selling property outside the city presents unique opportunities and challenges. Unlike urban transactions, rural real estate involves considerations like land use, private services, and […]
Understanding the Investment Property Market
A Clear Path to Understanding the Investment Property Market Investing in real estate is a powerful method for building long-term wealth. Many people use property to generate passive income and secure their financial future. Success in this area requires knowledge and a clear plan. Understanding the investment property market is the first and most critical […]
Maximizing Your Commercial Real Estate Success
Your Commercial Real Estate Potential Commercial real estate professionals are your dedicated allies, expertly guiding you through every step of buying, selling, and leasing commercial properties. These specialists bring a wealth of skills, deep market knowledge, and invaluable resources to the table, ensuring a smooth and successful navigation of even the most intricate commercial real […]
Helping You Find the Perfect Home for Your Retirement
Find the Perfect Home for Your Golden Years Retirement marks a new chapter in your life. It is a time for new adventures, hobbies, and relaxation. A key part of this transition is deciding where you will live. Your current home may have served your family well for years, but your needs change over time. […]
Estate Sale Experts Can Simplify Your Property Liquidation
Simplify Property Liquidation with Professional Estate Sale Services Clearing a home is a significant undertaking. You may face this task when downsizing, managing an inheritance, or helping a loved one move. The process involves sorting through a lifetime of possessions. Each item holds a memory or a question about its value. This emotional and physical […]
First Time Home Buyer Real Estate Info
Real Estate Information for First-Time Home Buyers Buying your first home is a significant milestone. You likely have many questions about the process. This article provides clear first time home buyer real estate info to help you feel confident. We will break down the home buying journey into simple, manageable stages. From understanding your finances […]
Latest Articles: Everything Real Estate
What is a Mortgage Disclosure Statement?
Question: What is a Mortgage Disclosure Statement? Answer: A Mortgage Disclosure Statement is a document provided to borrowers by lenders that outlines key details of a mortgage loan, including loan terms, interest rates, closing costs, prepayment penalties, and other important information required by law to ensure transparency and informed decision-making. What is a Mortgage Disclosure […]
What Is Discharge of Mortgage?
Question: What Is Discharge of Mortgage? Answer: A discharge of mortgage is the legal process of removing a lender’s claim from your property’s title once the loan is fully repaid. A discharge document is registered with the Land Registry Office, officially confirming the debt is cleared and you own the property free of that encumbrance. […]
Can You Sell Your House Before Your Mortgage is Up?
Question: Can You Sell Your House Before Your Mortgage is Up? Answer: Yes, you can sell your house before the mortgage is up, using sale proceeds to pay off the remaining mortgage balance. Can You Sell Your House Before Your Mortgage is Up? A Guide to Early Sale The decision to sell your house before […]
What is Legal Land Description?
Question: What is Legal Land Description? Answer: A Legal Land Description precisely delineates land boundaries and location for legal transactions, including lot and block numbers, subdivision name, and measurements. What is Legal Land Description? Your Guide to Property Identification In real estate, grasping the concept of legal land descriptions is important. These unique identifiers do […]
Is the Garage Included in Square Footage?
Question: Is the Garage Included in Square Footage? Answer: No, a garage is not included in the main square footage. This figure represents the Gross Living Area (GLA)—the finished, heated space above ground. A garage is considered a non-living area, and its dimensions are typically noted separately in a property listing. Home Measurement and Your […]
Does My Common Law Partner Get Half My House?
Question: Does My Common Law Partner Get Half My House? Answer: In Canada, common-law partners don’t automatically get half unless jointly owned or agreed upon, with variations by province. Property Rights in Common Law Relationships In the intricate world of relationships and property rights, one pressing question often arises: "Does my common law partner get […]
Can You Deduct Real Estate Commissions From Capital Gains?
Question: Can You Deduct Real Estate Commissions From Capital Gains? Answer: Yes, you can deduct real estate commissions from capital gains. While not a standard tax deduction, real estate commissions are a selling expense. You can subtract this cost from the property’s sale price, which directly reduces your total capital gain and the amount of […]
What Are the Tax Implications of Selling a House Below Market Value in Canada?
Question: What Are the Tax Implications of Selling a House Below Market Value in Canada? Answer: Tax implications of selling a house below market value in Canada can be significant. When selling to a non-arm’s length party (like family), the seller is deemed to have sold at Fair Market Value (FMV). Capital gains are calculated […]
Are Realtor Fees Tax Deductible for Rental Property?
Question: Are Realtor Fees Tax Deductible for Rental Property? Answer: Whether or not realtor fees are tax deductible for a rental property depends on several factors. Fees for finding a tenant are deductible as an operating expense. Commissions from buying are added to the property’s cost basis and depreciated. Fees from selling are used to […]
How Do I Avoid Capital Gains Tax on Rental Property in Canada?
Question: How Do I Avoid Capital Gains Tax on Rental Property in Canada? Answer: Complete avoidance of Capital Gains Tax is rare. The main strategy is the Principal Residence Exemption (PRE). If you lived in the property, you can designate it as your principal residence for those years, sheltering a portion of the gain. Otherwise, […]
How Long Do You Have to Live in Your Primary Residence to Avoid Capital Gains in Canada?
Question: How Long Do You Have to Live in Your Primary Residence to Avoid Capital Gains in Canada? Answer: In Canada, there is no specific minimum time requirement to live in your primary residence to avoid capital gains tax. To qualify for the Principal Residence Exemption and avoid capital gains, the property must be “ordinarily […]
What Qualifies as a Farm in Ontario?
Question: What Qualifies as a Farm in Ontario? Answer: A farm qualifies as a farm in Ontario if it generates at least $7,000 in annual gross income from eligible farming activities, like crop production or raising livestock. This is required for the farm property tax class and to register the business. Defining a Farm Property […]
Should I Buy a House Close to a Highway?
Question: Should I Buy a House Close to a Highway? Answer: Buying a house close to a highway is a trade-off. Proximity offers excellent commuter convenience and potential affordability. However, you must weigh the significant drawbacks of constant traffic noise, air quality concerns, and a possible negative impact on the property’s long-term resale value. Deciding […]
Impact of Proximity to Noise Sources on Home Values
How Nearby Noise Affects Your Home’s Value You find a home with the perfect layout, a beautiful kitchen, and a great backyard. The location seems ideal, close to amenities and with an easy commute. Before you make an offer, you must consider an invisible factor that can significantly alter your quality of life and your […]
Does Gentrification Help or Harm Neighbourhoods?
Question: Does Gentrification Help or Harm Neighbourhoods? Answer: Gentrification is complex; it can revitalize a neighbourhood with new investment and increased property values. However, it also drives up rents and property taxes, which can displace long-term, lower-income residents and alter the community’s established character. The Impact of Neighbourhood Change A neighbourhood changes when new, often […]
What Are the Signs of Neighborhood Gentrification?
Question: What Are the Signs of Neighborhood Gentrification? Answer: The signs of neighbourhood gentrification include rapidly rising property values and rents, an increase in home renovations, and new condo developments. You will also notice a shift in local businesses, with trendy cafes and boutiques replacing long-standing shops, reflecting a change in the area’s demographics. Identifying […]
What Are Three Negative Effects of Gentrification?
Question: What Are Three Negative Effects of Gentrification? Answer: Three major negative effects of gentrification are the displacement of long-term, lower-income residents due to rising rents, the loss of a neighbourhood’s unique cultural identity and local businesses, and increased financial strain on remaining community members from a higher cost of living. The Consequences of Urban […]
How Does Gentrification Affect Real Estate?
Question: How Does Gentrification Affect Real Estate? Answer: Gentrification affects real estate by driving up property values and rental rates as investment flows into a neighbourhood. This spurs new development and boosts demand, but can also displace long-term residents due to rising costs, especially as landlords increase rent between tenancies. Gentrification’s Impact on Real Estate […]
The Effect of Neighbourhood Development on Property Values
How Neighbourhood Growth Influences Your Property’s Value You may watch your home’s value change over time. Many factors contribute to these shifts. The local market, interest rates, and the condition of your home all play a part. One of the most powerful influences, however, is the community around you. Understanding the effect of neighbourhood development […]
What Are the Future Impacts of Climate Change on Housing and Buildings?
Question: What Are the Future Impacts of Climate Change on Housing and Buildings? Answer: Future impacts of climate change on housing and buildings include increased damage from extreme weather like flooding and wildfires, leading to higher insurance premiums and stricter building codes. Homes will require enhanced energy efficiency and climate resilience, impacting operating costs, renovation […]
How Does Climate Change Affect Housing Prices?
Question: How Does Climate Change Affect Housing Prices? Answer: Climate change affects housing prices by increasing risks like flooding and wildfires, driving up insurance costs and potentially lowering property values in vulnerable areas. Shifting buyer preferences toward more resilient homes and stricter building codes also significantly impact a property’s long-term value. The Climate’s Impact on […]
Climate Change and its Impact on Property Value
How a Changing Climate Affects Real Estate Prices The weather is changing. We see more intense storms, higher water levels, and shifting seasonal patterns. These changes affect more than just our daily lives. They directly influence the real estate market. Understanding climate change and its impact on property value is now essential for homeowners and […]
What are the Factors Affecting the Value of a Property?
Question: What are the Factors Affecting the Value of a Property? Answer: Key factors include location, property condition, size, market trends, economic conditions, accessibility to amenities, and local real estate market dynamics. What are the Factors Affecting the Value of a Property? Understanding Property Valuation Property valuation is a complex process influenced by a variety […]
What Economic Factors Contribute to the Stability of a Real Estate Investment?
Question: What Economic Factors Contribute to the Stability of a Real Estate Investment? Answer: Key factors that contribute to a stable real estate investment include favourable interest rates, robust local job growth, and steady population increases. Limited housing supply combined with high demand provides a strong foundation for value, while government policies on lending and […]
Economic Factors Affecting Real Estate Values
How Economic Forces Shape Your Property’s Worth Understanding the housing market requires looking beyond curb appeal and square footage. The price of a home rises and falls based on a wide range of influences. The most powerful of these are the economic factors affecting real estate values. These forces can change housing affordability, buyer demand, […]
What Are the Benefits of Buying a Home in Foreclosure?
Question: What Are the Benefits of Buying a Home in Foreclosure? Answer: Benefits of buying a home in foreclosure include the potential to purchase a property below market value, creating an opportunity for instant equity. This can lead to a significant return on investment, particularly for buyers comfortable with purchasing a home in “as-is” condition. […]
What Are the Problems With Foreclosed Properties?
Question: What Are the Problems With Foreclosed Properties? Answer: The problems with foreclosed properties include being sold ‘as is,’ often in poor condition with no seller disclosures. Buyers may face significant repair costs, property liens, and challenges with existing occupants. The legal process can also be complex, and financing might be more difficult to secure. […]
How Foreclosures Impact Nearby Property Values
How Distressed Properties Affect Your Home’s Value A well-maintained street with manicured lawns and homes in good repair projects an image of stability and desirability. The sudden appearance of a ‘For Sale’ sign on a foreclosed property can disrupt this harmony. Homeowners often worry about how foreclosures impact nearby property values. This concern is valid […]
