How Does a Mortgage Work in Canada?

How Does a Mortgage Work in Canada?

A mortgage is likely to be the largest, longest-term loan you’ll ever take out to buy the biggest asset you’ll ever own — your home. The more you understand how a mortgage works, the better equipped you should be to select the mortgage that’s right for you. Home...
Ontario’s Non-Resident Speculation Tax

Ontario’s Non-Resident Speculation Tax

The Non-Resident Speculation Tax (NRST) is a 25% tax in addition to the general Land Transfer Tax (LTT). This tax applies to residential properties purchased anywhere in the Greater Toronto for non-citizens and non-permanent residents of Canada who are buying a house...
MAKE YOUR PROPERTY ATTRACTIVE WITH MINOR IMPROVEMENT

MAKE YOUR PROPERTY ATTRACTIVE WITH MINOR IMPROVEMENT

In Canada, there are currently 5000,000.00 renter households (or 33% of the population) and up. Since the last decade the number of renters has increased to 4.1 million (almost three times as in the past decade). The ranks of Canadian renters are growing fast,...