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The Multiple Listing Service® And Your REALTOR®
Like other professionals, a REALTOR® is as good as the information at his or her disposal. The Multiple Listing Service® is a co-operative system used by REALTOR® Members of Canada’s real estate boards. It is different than the consumer websites realtor.ca and listings.trebhome.com, which offer a brief description of most properties ...
Continue ReadingOshawa Landlord’s Asking for a New One-Year Lease
After a tenant completes a one-year residential lease, can a landlord legally require them to sign another fixed-term agreement or vacate the property? Short answer (in Ontario): No — the tenant does not have to sign another one-year lease, and the landlord generally cannot require them to move out just because ...
Continue ReadingDiversity, Equity, and Inclusion
Diversity Diversity refers to the presence of difference in any given setting. In context of diversity, equity and inclusion (DEI) work, we are often referring to diversity of identity. Diversity of identity refers to several aspects of our identity that make up who we are. Some examples of identity factors include ...
Continue ReadingReal Estate Negotiation Tactics that Work
Real estate negotiation sounds easy on paper, but in practice even small mistakes can sink deals. You need to understand psychology, strategy, and a shifting market to get the best outcome. Not easy! Negotiating is an art, a skill and a science. In the world of real estate, understanding how to ...
Continue ReadingOntario Fair Housing Laws: An Overview
Do you know about Ontario's fair housing laws? Hey landlords, this one's for you! Think of the fair housing laws as a set of rules to make sure everyone gets a fair chance when looking for housing. It means no one is left out or treated badly because of who ...
Continue ReadingWhat Every Homeowner Needs to Know About Toronto’s Vacant Home Tax
All homeowners will need to declare the status of their property as part of an effort to crack down on real estate investors and improve housing Letting a home sit empty in the middle of a housing crisis will cost you, with the introduction of Toronto’s vacant home tax back on ...
Continue ReadingFlipping a House? Your Gain Could be Fully Taxable Under This Rule
Don't forget, a residential property flipping rule applies to flipped residential property dispositions that occur after January 1, 2023. The rule deems profits from a “flipped residential property” as business income, targeting individuals that misclassify these profits as a capital gain to avoid taxes. It’s important to understand this rule as ...
Continue ReadingWhat Do You Need to Know Before Buying Multi-Family Real Estate?
Buying a multi-unit, meaning a building with five or more units, can be a great opportunity for investing in real estate. But before diving in, it’s important to know everything that’s involved with such a purchase, and the requirements that come with it. Here’s my advice if you’re interested in ...
Continue ReadingResidential Rent Increase for 2026
Rules for rent increase In most cases, the rent for a residential unit can be increased 12 months after either: the last rent increase the date the tenancy begins The landlord must give a tenant written notice of a rent increase at least 90 days before it takes effect. The proper forms for this notice are available from ...
Continue ReadingWhy the Next Few Months are the Best Time to Put Homes on Sale
Timing is a crucial consideration when selling a home. A recent market study indicated it is ideal to put properties on sale during the months of February, March, and April. While the weather is not ideal during February, the month allows home sellers to gain exposure before the spring rush. The normally ...
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