Buying a home in Canada get determined by its price and the buyer’s maximum mortgage. Here’s a quick overview on how you can calculate your optimal mortgage amount. Before lenders calculate your maximum affordability, they consider the following factors: Down Payment When buying a home…

Pondering buying a new condo versus a resale condo? Here’s a quick review of the pros and cons of both to help you make your purchase decision. Buying a home is one of the big milestones in your life. Condominiums allow the owner to have…

When you purchase a home, you have to pay Land Transfer Tax in Ontario to the government. How much depends on a couple of factors. Here’s a quick guide on what you need to know. What is Land Transfer Tax? Land Transfer Tax is paid…

Why the CRA changed the principal residence tax exemption, and how it may affect the sale of your home. When a Canadian sells his or her home, a capital gain is realized. Under Canadian law, such a profit would generally be subject to capital gains…

Are you thinking of becoming a first-time home owner? One thing on your to-do list is to find a real estate lawyer. Here’s a quick summary of what we do and why you need us. When you’re buying a home or selling a home for…

As real estate lawyers, we’ve seen a lot of property change hands. Here’s our take on 3 easy calculations you should make to determine how much home you can really afford to buy. If you’re a first-time home buyer looking to talk to a real…