PURCHASING A COTTAGE OR VACATION HOME CAN BE AN EXCITING VENTURE, OFFERING A PERFECT GETAWAY FROM THE HUSTLE AND BUSTLE OF CITY LIFE. HOWEVER, IT’S ESSENTIAL TO APPROACH THIS PURCHASE WITH CAREFUL CONSIDERATION AND THOROUGH PLANNING. HERE ARE SEVEN KEY THINGS TO KNOW BEFORE DIVING INTO CANADA’S COTTAGE OR VACATION HOME MARKET. UNDERSTANDING THE MARKET […]
The 2024 federal budget recently announced a change to the capital gains tax, which caused concern for Canadians who own multiple properties. While the Liberal government has indicated that the new plan is aimed at the wealthy and that 99.87 percent of Canadians will not be affected, we have yet to see how this will […]
With spring in full swing and gardening projects on your mind as you hunker down at home, it’s time to start thinking about enjoying the patio again. A few small projects can take that dull, blank space and turn it into a patio with panache. 1. PAINT THE FLOOR Plain Jane concrete isn’t something to […]
The recent federal budget announced several plans to tackle the housing and affordability crisis. Several initiatives were included to assist first-time homebuyers in saving and affording a house in the current market climate. Other plans to build more homes are a longer-term project, but in the short term, savings incentives and borrowing options will take […]
Navigating the world of mortgages can sometimes feel like trying to predict the weather in Canada: just when you think you’ve got it figured out, things change. But unlike the weather, understanding the economic factors that influence mortgage rates doesn’t have to be a guessing game. In this article, we’ll break down the complex interplay […]
Remodeling a kitchen requires a lot of effort (and cash). Avoid making costly mistakes with these expert tips for every aspect of your design – from islands to floor plans and everything in between. 1. PLAN THE SPACE. Even in big kitchens, you’ll want to create a compact step-saving work core. You don’t want to […]
It’s no secret that the shortage of housing in Canada is at a critical point. Despite the attention this has garnered in the last few years, the truth is that this problem has been developing for decades. As the population grew, so did the need for more housing. Development projects in cities like Toronto and […]
With interest rates higher than they have been in many years, many of you might be anxious about your upcoming mortgage renewal. It’s completely understandable, and you’re not alone in this boat. But fret not! There are strategies to navigate these choppy waters. First off, let’s tackle the elephant in the room – the high-rate […]
The last four years have been a roller coaster for the real estate market. Thankfully, we may be seeing an end to the fl uctuations. As 2023 wound down and interest rates levelled off, the fourth quarter saw much less activity. Inventory was low, sellers held on as prices dropped, and buyers hesitated to takeon […]
The Trust in Real Estate Services Act (TRESA) took effect on December 1, 2023, replacing the 20-year-old Real Estate and Business Brokers Act (REBBA). The new Act brings better consumer education and transparency to the buying and selling experience and is designed to protect the best interests of the client (buyer or seller). Whether you’re […]