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Posts Tagged: property

Canada’s New Mortgage Rules

A few days ago the Office of the Superintendent of Financial Institutions (OSFI) released changes to its mortgage rules. Let’s talk about how it will affect affording a home from next year onwards. The changes require borrowers to undergo a “stress test” in order to make sure they will be able to withstand higher interest rates. Previously,… Read more »

Tips For A Timeless Kitchen

The kitchen is the biggest asset in your home. By investing in its decor you could wow friends, family as well as future buyers. The key to a beautiful kitchen is convenience as well as a timeless design.   Quartz Countertops Quartz-surfacing countertops require less maintenance than their granite comparables and are timeless in terms… Read more »

February 2017 Market Watch

  In this episode of Market Watch we will be talking about how the month of February played through. The Toronto Real Estate Board (TREB) released their market watch report for last month, and we’re checking in to see how well the year is going. Sales were leaning towards detached homes, low-rise homes making an appearance… Read more »

Land Transfer Tax Refunds for First-Time Homebuyers

First time homebuyers are eligible for all or part refund of the land transfer tax. As of recent, the refund amounts are now a maximum of $4000, which is double the previous maximum of $2000. In order to qualify, a list of requirements have been constructed: The purchaser must be at least 18 years of… Read more »