The Latest information in Pre-Construction Condos
Tarion adds new protection for condo buyers
Condo buyers in Ontario will get greater protection following the announcement of new requirements by the province’s home warranty provider.
Tarion will says the new measures will help educate and inform prospective homebuyers and will…
The real estate agent who's set a world record, twice
When real estate agent Ben Caballero achieved verified home sales of 3,556 it earned him a place in the record books.
But last year, Caballero did what many thought impossible by beating his own record by 67%, selling an eyewatering 5,801…
Ask An Agent: What Will Real Estate Sales Look Like In 3-5 Years?
The Harvey Kalles sales representative has been an agent for 15 years. In 2017, Kutyan was contacted by the The Globe and Mail and asked how he was able to get multiple offers on a home in mid-town Toronto. This was after the introduction of…
7 year high for demand for CRE among global institutions
Global institutions are increasing their allocations to commercial real estate assets as confidence in the sector remains high.
The appetite for CRE investment among the world’s largest investors has reached a 7-year high despite concerns…
Toronto condo apartment sales up 11% in third quarter
The buoyant economic conditions in Toronto mean more people moving to the city for work and wanting the most affordable housing options.
This has helped the condo apartment sales market in the third quarter, which gained 11.1% year-over-year…
Rent increase guideline
The guideline is the maximum a landlord can increase most tenants’ rent during a year without the approval of the Landlord and Tenant Board.
Rent increase guideline for 2020
The rent increase guideline is 2.2% for increases between January…
Land Transfer Tax
O. Reg. 343/18: Timing of Tax Payable Under Subsection 3(2) of the Act was filed on April 26, 2018 to provide quarterly reporting periods for Land Transfer Tax on qualifying unregistered dispositions of a beneficial interest in land.
Commencing…
Non-Resident Speculation Tax
Overview
The NRST is a 15 per cent tax on the purchase or acquisition of an interest in residential property located in the Greater Golden Horseshoe Region (GGH) by individuals who are not citizens or permanent residents of Canada or by foreign…
GTA Sales Activity Rebounds From Five Straight Quarters of Decline
Q2 2019 registered a total of 563 investment property sales transactions over $1 million, representing a total investment value of $5.8 billion
TORONTO – Altus Group, a leading provider of software, data solutions and independent advisory…
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