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Month: February 2016

What Sellers Need to Know About the Spring | Houses for Sale in Toronto

Why is Spring 2016 the Best Time to Sell a House in Toronto? Just take a look at historical Toronto Housing Prices for this time of year. It’s hard to believe that February is already over and Spring will be here in just three weeks. Like many Torontonians, Realtors love this time of year, not …

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Giving Tenants Notice to Vacate in Ontario — The More Notice, the Better

Ending a Tenancy as a Landlord in Ontario In Ontario, tenancies usually last a year, however, if the lease has ended and the tenant has not given you notice, the tenancy will automatically renew on a month-to-month basis. Legally, a tenant must give at least 60 days notice that he/she will be ending their tenancy. …

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Who’s Affected by the Minimum Down Payment Increase?

If you’re buying a house today, brace yourself for the new down payment increase–It’s doubled from five per cent to 10 per cent! The new mortgage rules which were announced in December came into play sooner than anticipated. Finance Minister Bill Morneau states that buyers purchasing any home with a price tag of $500,000 or …

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Determined Home Buyers Unfazed by Toronto Real Estate Prices Last Month

Toronto Real Estate Prices did not stop determined buyers in January For many hopeful home buyers, entering the already hot real estate market is going to become even more difficult than before. On Feb. 15th, the federal government’s new rules requiring higher minimum down payments on certain properties will come into effect. The Toronto real …

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How To Recognize A Bad Property Management Company

As an investor’s portfolio expands, it becomes obvious that managing the properties yourself is inefficient and wasteful. Hiring a Toronto property management company is the prudent, cost-effective choice. It will allow you to: 1. Manage occupancy in a timely manner 2. Drive up the value of your lease rates 3. Take care of day to …

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Elderly Couple Sitting On The Park Bench

Funding Your Retirement through Real Estate Investment

Are you Retirement Ready? Find Security with Toronto Real Estate Investment When you think about your retirement, what are your primary considerations? We all want to live our golden years in comfort, so many would immediately think about money. Now think further into your retirement—after 10 or 15 years of your pension or RIF cheque …

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