My asociate Rob Roland wrote this article. It is excellent and brings us right up to speed on the gov’t plans to tax us to death. Thought you might find it useful. Ontario’s New 13% Harmonized Sales Tax – How It Impacts Real Estate Next summer (2010) the Ontario Government is set to put into force […]
How To Benefit From the 2009 Canadian Budget
With the announcement of the 2009 budget, the Canadian government has added another value add program to help Canadian homeowners, the Home Renovation Tax Credit (HRTC). The tax credit is only available for renos completed within the next 12 months. Even better, you can combine the above HRTC with existing government rebates applicable to energy […]
Is It Time To Buy Rental Property -Rental Unit Transactions Increase in Toronto
TORONTO, February 5, 2009 – Between September 1, 2008 and December 31, 2008, Toronto Real Estate Board (TREB) Members reported 3,433 rented condominium apartments and townhouses in the Greater Toronto Area. This represented a 30 per cent increase over the 2,635 transactions recorded during the same time frame in 2007. A good part of this […]
Toronto’s Shifting Real Estate Market
The Roll Price Plays in Selling Your Home Currently our market has radically shifted. Gone are the days where you listed your home at what you thought was market value and received 4 or even 8 offers way over market value. Now we are chasing the market down. So ideally you should sit out selling […]
Toronto Real Estate Market Update
Toronto, December 4, 2008: Greater Toronto REALTORS® recorded 3,640 transactions last month, from 7,313sales in November 2007, Toronto Real Estate Board President Maureen O’Neill announced today. Year-to-date sales figures for the Greater Toronto Area show 72,086 transactions in 2008, from 88,695 sales recorded in the same January to November period a year ago. By contrast, […]