Residential & Commercial Closings
The Difference Between a Real Estate Agent and a Real Estate Lawyer
When buying or selling a property, most people think of real estate agents as the sole source of information and guidance. However, agents are not the...
5 Reasons You Need a Real Estate Lawyer When Buying a Home
Purchasing a home can be an exciting but complex and stressful time. With so many legalities involved in buying a property, it’s essential to have a...
Housing Market Predictions for 2023
In the years just before and during the pandemic, we saw an incredible rise in home prices across Ontario, particularly in the GTA. In 2022, however,...
Toronto’s Vacant Home Tax
As of 2022 Torontonians need to pay to keep their homes vacant, whether by choice or not! That's right, the City of Toronto added Chapter 778,...
Does your occupancy period count towards your 12 month anti-flipping of property?
Does your occupancy period count towards your 12 month anti-flipping of property? Bill C-32 makes a few simple changes to the Canadian Income Tax Act (the "Act")...
Can a foreign buyer enter into a purchase for a Pre-Construction Condo that closes after the 2-year ban?
The simple answer, is no. Although not exactly clear, the language in the Prohibition on the Purchase of Residential Property by Non-Canadians Act (the "Act"), does...
Foreign Buyer Ban and Anti-House Flipping Laws Implemented in 2023
The Foreign Buyer Ban If you have been trying to buy a house over the last few years, you may feel it's impossible to get one...
What to discuss with your real estate lawyer when buying a condo
When purchasing real estate, the help of an experienced real estate lawyer can be invaluable. But if you are purchasing a condo, there are some notable...
What is Land Transfer Tax and How Do I Calculate How Much I Owe?
As the famous saying goes – 'Nothing is certain except death and taxes.' When purchasing or selling a real estate property in Canada, you must consider...
Understanding Delayed Occupancy Compensation
In Ontario, once qualified for enrollment with Tarion, a condo developer can initially set its own tentative and outside occupancy dates for a new condo development....
