In the city of Toronto, there are two taxes that are applied to a real estate purchase. The Toronto Land Transfer Tax: Put into place just last February (’08), this tax is levied only on real estate purchased in central Toronto. If an agreement of purchase and sale was entered into before December 31, 07 […]

In today’s economy, owning a home in Toronto has become a more affordable option than ever before. With longer amortization periods and with access to programs such as the 5% Down Program buying a home is not as daunting of a task as it may seem. If you are currently renting in Toronto, compare your […]

As a Realtor, a common question asked by many of my buyer clients is what route to should take; purchase a condo apartment or a freehold home. My answer…well it depends. Condo ownership offers buyers a few advantages over a owning a free hold property with affordability being a key factor. First time buyers especially […]