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No Municipal Land Transfer Tax on Metrolinx’s list of proposed revenue tools

On April 2, the provincial transit agency Metrolinx released a list of potential revenue tools to pay for the expansion of public transit in Ontario. Fortunately for Ontario REALTORS® and provincial home buyers, the list excluded a municipal land transfer tax (LTT).   Source: libertyvillagetoronto.com via OREA on Pinterest   The Ontario Real Estate Association (OREA) has been ...

How to Discourage Buyers from Buying Your Home

  If you're listing your home for sale, then of course you’ll want to make the best impression possible on potential home buyers. But, just to have a little fun, say you don't want to sell your property. What could you do to discourage those who view your home? Well, you could have your pets in the home during viewings. That will certainly make it uncomfortable for some buyers – ...

Freehold vs. condo

Condos can be a great choice for many people, including first-time buyers looking to get into the market and build equity. A condo unit can be a good starting point since it is usually less expensive to own and carry than a traditional house. Condos can also be the right decision for people making their choice based on lifestyle. These buyers primarily choose this type of home because there is no yard ...

Homebuyers expect to spend $300,000 on first property, poll shows

TORONTO — The average first-time homebuyer in Canada is 29 years old and expects to be able to put down a down payment of $48,000 on $300,000 home, according to a recent poll by the Bank of Montreal. But the study, released Tuesday, also found that price expectations vary widely, depending on where the homebuyer lives in. Those in Atlantic Canada say they expect to spend an average of $224,000 ...

Buying Homes with Apartments

  When it comes time to buy that new home, have you ever considered buying a home with an apartment? It can be a great way to ease into the world of real estate investing, but even though the extra income from a rental is nice, it’s best not to move forward without some general investment knowledge. It’s actually a business when you’re renting out anything from a room to a ...

Alternatives to a Traditional Garage Sale

Do you have stuff in your home that you need to sell? Perhaps you have some suits or dresses that no longer fit, an older living room set that you've just had replaced, or a vinyl record collection you've been hanging onto for years. If a traditional garage sale is not an option for you, there are other ways to sell those items. For example, you could rent a stall for the weekend at a local flea ...

Featured Toronto Neighbourhood - Roncesvalles Village

  Roncesvalles Village is a Toronto neighbourhood bisected by Roncesvalles Avenue a north-south street leading from the intersection of King and Queen Streets o the south, and north to Dundas Street West. The neighbourhood is roughly bounded by High Park to the west, Bloor Street to the north, Queen Street West (and the Lake) to the south and Lansdowne Avenue/rail corridor to the east. Roncesvalles ...

No Municipal Land Transfer Tax on Metrolinx’s list of proposed revenue tools

On April 2, the provincial transit agency Metrolinx released a list of potential revenue tools to pay for the expansion of public transit in Ontario. Fortunately for Ontario REALTORS® and provincial home buyers, the list excluded a municipal land transfer tax (LTT).   Source: libertyvillagetoronto.com via OREA on Pinterest   The Ontario Real Estate Association (OREA) has been ...

How to tell if a neighbourhood is improving

  When you’re looking for a new home, you want to find one in a great neighbourhood – or, at least, in a neighbourhood that is on the upswing. How can you tell if a particular area is improving? Here are some common indicators: Pride of ownership. Take a walk around the neighbourhood. Do you get a sense that people take good care of their homes? Are the lawns mowed? Is the landscaping ...

The fastest way to lower your energy bill

  Did you know that, next to heating and air conditioning, your lights consume most of the energy in your home? In fact, you can lower your electricity bill quickly – and substantially – simply by being smarter about lighting. First, consider replacing your conventional light bulbs with the energy-saving variety. You've probably seen these at your local home improvement centre. ...