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Toronto Rent Increase Guideline 2020

Toronto Rent Increase Guideline 2020

As many people know, at the moment (2019) in Toronto rent prices are at all time highs.  They are the highest in all of Canada for that matter.  The average 1 bedroom condo in Toronto has reached over $2200 per month.  Luckily for tenants the Canadian...

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GTA Rental Market Update for Q3 2019

GTA Rental Market Update for Q3 2019

It has been quite a year in the Toronto rental real estate market so far.  Many media outlets have covered the updates this year and most of them were saying that we are in a bit of a crisis in Toronto and the GTA.  Fair to say that because the the average...

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Condo Fees Explained

Condo Fees Explained

When you purchase a condominium, there is a monthly fee payable to the condo corporation.  This fee is made to cover the operating costs of the building.  It is non-negotiable and is usually calculated depending of the size of your unit and sometimes number...

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Land Transfer Tax In Ontario

Land Transfer Tax In Ontario

When any property in Ontario is changed hands there is a Land Transfer Tax payable.  This might come to a surprise to many people as they are not aware of it.  This tax is payable by the BUYER of the home or property, never the seller.  This tax is...

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How To Stage Your Home To Sell It Faster

How To Stage Your Home To Sell It Faster

Before putting your home on the market, there are many things to do in order to make your home stand out from the competition.  If you want your home to sell in a short period of time, its important to make it look good to the potential buyers.  If your home...

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Closing Costs When Purchasing a Home

Closing Costs When Purchasing a Home

Before you can get your keys to your new home there are many costs associated with the purchase.  When you see an ad for a home which shows the asking price, that is not the total amount you will be expected to pay.  When thinking of purchasing a home you...

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Is Your Toronto Basement Apartment Legal?

Is Your Toronto Basement Apartment Legal?

IS MY TORONTO BASEMENT APARTMENT LEGAL? You might have heard some way or another over the years about issues with people renting or living in “illegal” basement apartments.  To many people this issue will not affect them during their lifetime, whether they are tenants...

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