Renovations and Capital Expenses
Tax treatment of renovations and repairs on real estate must distinguish between current and capital expenses.
Beware of Rental Scams as Market is Hot
Rental scams are not new, but there seems to be more of them as the rental market heats up.
Toronto Housing Market Soars, Renters Remain Worried
Inventories are at record lows, which is spiking the prices upwards, leaving tenants seeking to live in the Toronto area vulnerable.
Average Toronto Rents Increase in 2022
Toronto rent has officially increased in 2022.
What Will the Rental Market Look Like in a Year?
Available rental units remained the same in 2021 compared to 2020, and that will likely remain the same for 2022.
Not All Ontario Rental Units are Rent Controlled
What may come as a surprise to some individuals, not all Ontario rentals are subject to rent control.
Home Inspections Prior to Sales are Falling as Market Booms
The housing market in Ontario is incredibly hot, and inspections are suffering as a result.
Property Tax Rates Set to Increase in Toronto
Toronto is set to see an increase to their property tax, to a total increase of 4.4%.
Canadian Housing Inventories Hit New Lows
December 2021 saw new lows in housing inventories, which are part of the reason for rising prices/rents.
Toronto Apartment Prices Dropping
While we are still very early in 2022, Toronto apartment prices have already dipped.