Condo Fees Explained: What You Need to Know Before Buying If you’re considering buying a condo, understanding condo fees is essential. These fees play a vital role in maintaining the building, funding amenities, and ensuring the long-term value of your investment. Whether you’re a first-time buyer, an empty nester, or simply looking for a low-maintenance lifestyle, knowing what condo fees cover and how they’re calculated can make your decision-making process much... [read more]

Breaking Down the Costs of Selling Your Home in Canada Selling your home is an exciting milestone, but it comes with a variety of costs that homeowners should understand before listing their property. From real estate fees to legal expenses, knowing what to expect can help you budget and ensure a smooth transaction. Here’s a detailed breakdown of the typical costs of selling a house in Canada, so you can plan with confidence. Costs to Expect When Selling a House in Canada When... [read more]

Ontario Rent Increase Guideline for 2025 – What You Need to Know If you're a landlord or tenant in Ontario, staying up to date with the annual rent increase guideline is key to avoiding surprises. For 2025, the allowable rent increase is capped at 2.5% – a number that impacts the majority of rental properties across the province. What Does This Mean? The 2.5% cap applies to most residential properties built and first occupied before November 15, 2018.... [read more]

Canadian real estate has been a staple in headlines and above-the-fold features for years, but 2024 has been an especially turbulent year, the product of a perfect storm of factors including affordability, inventory, immigration, economy, interest rates, government policy, sidelined homebuyers clamouring to get back into play, and home sellers waiting for just the right time to list. Here’s how it all played out in the last year, at ground level. 10 Notable Real Estate Trends of... [read more]

In Canada, everyone has an opinion about property taxes. Whether city dwellers or rural folk, each side will argue that the other is not paying enough in property taxes, making for a heated and spirited discussion about levies on the residence you worked hard to purchase. That said, aside from discussions over what the property tax rate should be, this is an important subject since many prospective homebuyers do not consider their annual tax bill as part of their ongoing expenses,... [read more]