Canada’s New National Housing Plan
Buying
Canada’s New National Housing Plan In April 2024, a new plan was announced to solve Canada’s housing crisis, including new tax incentives and proposals to build more housing on public lands to address supply and affordability challenges. The government suggested that Canada build a minimum of 3.1 million homes by 2030 to fix the housing […]
The Best Pre-Construction Condos in Toronto Right Now
Buying
The Toronto pre-construction market has returned, and buyers are paying attention. In 2023 many buyers hit the pause button in making any purchases, but they are back into the full swing of the pre-construction market this spring. With many exceptional projects available right now, and some pretty bad ones, I wanted to showcase some of […]
Toronto’s Vacant Home Tax Updates 2024
Buying
In 2022, Toronto introduced a vacant home tax, intended to increase the supply of housing by discouraging empty homes. Effective January 1, 2024, the vacant home tax increased from 1% to 3%. The Vacant Home Tax is calculated based on the Current Value Assessment and occupancy of the previous tax year, meaning that homes deemed […]
Time to Downsize? Here’s Why Pre-Construction is for You
Buying
Thinking it’s time to downsize? Are you in a position where downsizing has become a topic of conversation? Whether you’re an empty nester, a retiree, or simply seeking a more minimalist lifestyle, downsizing can be an attractive living option for this next stage of your life. Downsizing can not only save you money, it can […]