Adding a second unit in your principal residence is a great way to provide independent living space for a family member or make a little extra money to help pay off the mortgage. There are many things you need to consider as you decide whether to build a second unit. You are permitted to add a second suite provided you follow municipal guidelines and get all appropriate building permits.
New Rules have not yet come into effect for short-term rentals in Toronto due to an impending appeal.
The Toronto real estate market has been plagued with a lack of supply for some time now. This had led to a sellers’ market where there is often more than one bid on a property that is listed for sale. Multiple offers are commonplace and are often expected by sellers on many downtown properties.
The recently released federal budget has addressed several housing issues that have been plaguing Canadians from coast to coast. Here’s a summary of the initiatives intended to make owning a house in Canada more accessible and affordable: 1. Budget 2022 proposes to introduce the Tax-Free First Home Savings Account that would give prospective first-time home…
As we have just passed the midway point of the year, it is interesting to look at key areas of the city and see how the income property market has been performing so far this year. As the market turns away from favoring Sellers, we expect these numbers to decline in the second half of…
Year on year sales much higher
Snow Removal at Tenanted Properties: Whose responsibility is it to shovel the snow: landlord or tenant?