Posts Tagged: tax

September 2017 Market Watch

For this month’s episode of Market Watch we will be talking about what the September market looked like. The Toronto Real Estate Board (TREB) released their market watch report for the last month and we’re going to discuss the numbers. 2017 is almost over, with roughly three months to ago. In contrast to last month… Read more »

Foreign Tax Coming to Toronto?

    Remember the foreign buyers tax that was implemented in Vancouver to subdue its crazy real estate market? Well, that tax might be making its way to Ontario, specifically Toronto. Finance minister, Charles Sousa says nothing is off the table regarding the tax, which implies anything is game at this point.   As we… 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 »