Vacant Home Tax in Ontario: What you need to know
“Vacant Home Tax” is a little understood plan to help curb the housing crisis for a few years now. Toronto’s City Council introduced the Vacant Home Tax (VHT) in a bid to increase housing supply. How? By discouraging homeowners from leaving their properties vacant....
Why (and when) you need vacant home insurance
Heading down south for the winter? Well, you may need more insurance coverage. As baby boomers continue to reach retirement, owning a second home or vacation property continues to be a growing trend. More and more Canadians are stamping their snowbird passports and...
What are rent-to-own homes in Ontario?
For many people, owning your own home is the dream. However, over the past few years, watching housing prices climb has been more of a nightmare. As a result, many first-time homebuyers have found themselves priced right out of the market or looking for other options...
Basement rentals: What are the pros and cons?
It’s not uncommon for many first-time renters to originally shy away from the idea of renting a basement apartment. Many imagine a dark and damp unit with bad living conditions. However, this is very far from the truth! It may not sound too appealing, but in Canada,...