In addition to an upcoming ban on foreign buyers and a vacant home tax in the city of Toronto, the federal government is cracking down on house flipping. On August 9, 2022, draft legislation introduced the government’s new anti-flipping rules to take effect in January 2023. Flipping has been defined in government documents as “purchasing… Continue reading The new anti-flipping tax. What you need to know.
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Category: General tips
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Canadian Real Estate in April: The Recap
As we step into a new month, it’s time to take a closer look at the Canadian real estate market and recap the key trends and developments that unfolded in April 2023. The real estate landscape in Canada has always been dynamic, and April was no exception. From FOMO coming back, to looming mortgage payment… Continue reading Canadian Real Estate in April: The Recap
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Top Qualities to Look for in a Real Estate Lawyer: How Deeded Can Help You Connect with an Incredible Lawyer
Buying or selling a home is a significant milestone in life, and it’s essential to have the right legal support to ensure a smooth and successful transaction. A real estate lawyer plays a crucial role in protecting your interests and guiding you through the complex legal process involved in buying or selling a property. In… Continue reading Top Qualities to Look for in a Real Estate Lawyer: How Deeded Can Help You Connect with an Incredible Lawyer
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The Future of Housing in Toronto: Fourplex Dwellings Regulation
The housing crisis in Toronto has been an ongoing concern, with skyrocketing prices and limited availability. Put simply, there’s not enough housing in Toronto to meet current and future demand. To address this issue, the Toronto City Council voted and approved a groundbreaking proposal that could allow for the construction of four-unit, or fourplexes as… Continue reading The Future of Housing in Toronto: Fourplex Dwellings Regulation
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Does an easement impact property values?
When it comes to property ownership, there are various legal rights and interests that can impact how land is used, transferred, and enjoyed. One such legal concept is an easement, which grants certain rights to individuals or entities over another person’s land. Easements can provide benefits to both the party that holds the easement, known… Continue reading Does an easement impact property values?
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Got a special assessment on your condo? Here’s what you need to know
If you’re an owner of a condominium, you may sometimes be in for a surprise that can be costly and frustrating. It’s two dreaded words that any condo owners hope to never hear. A special assessment. A special assessment is an additional fee that is levied by a condominium association on top of regular condominium… Continue reading Got a special assessment on your condo? Here’s what you need to know
