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Month: June 2021

Should You Make Being a Toronto Landlord Part of Your Retirement Plan?

Just about everybody wants a happy, healthy and stress-free retirement. Whether you’ll be collecting from a pension, working casually or part-time, or investing your money, it’s important to have a stream of income to draw from in your Golden Years. Some Canadians turn to becoming a landlord during retirement, which can provide a healthy stream …

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New Mortgage Stress Test Makes It More Difficult to Qualify for a Mortgage

Introduced in 2017 with intentions to cool the red hot real estate market, the mortgage stress test has seen a number of changes over the years. The latest change to the stress test took effect on June 1st, 2021, making it more difficult for prospective home buyers in Canada to qualify for a mortgage. The …

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