Trending Real Estate Discussion Tags

for

I am planning to buy my first house in the near future....have a few questions about the buying process. From my understanding, the pre-approval rate that you get may not be the same as the rate you get when you are actually approved. You may receive a lower rate once your offer on a house is accept...

the

... namely, Yorkville Private Estates, One Bloor West, Museum House and One Bedford. There are currently 2 units for sale at Museum House: C4043016 facing North is 1942 sqrt feet at 1.8k psf C4032534 facing South is 2542 sqrt feet at 1.7k psf South views are substantially better because you get ...

and

There is a longer story. I had tenants insurance up until Jan 25. I was mailed a bunch of papers I guess in January regarding a change over in companies. They needed a canceled cheque I think since it was a new company. Ever since I received these papers I have started looking at other places for in...

to

I am trying to sell my property but think foreign buyers will pay more. I also thought I try to do this before ontario creates a larger foreign tax on property or BoC kills the real estate market. Has anyone tried the following to try to attract foreign buyers? wechat groups http://www.juwai.com rea...

condo

Does anyone know what is the current status of this project? Academy Condo by Lemine Investing Group at Morningside/Ellesmere is marketed as a residence dwelling targeting to UTSC students, it was one of the hottest condo development back in 2014 and was sold out in weeks. I purchased an unit as wel...

house

... namely, Yorkville Private Estates, One Bloor West, Museum House and One Bedford. There are currently 2 units for sale at Museum House: C4043016 facing North is 1942 sqrt feet at 1.8k psf C4032534 facing South is 2542 sqrt feet at 1.7k psf South views are substantially better because you get ...

mortgage

Hi All, I need to hear some of your opinions. I bought this beautiful new and contemporary home in 2014 for about 410K. House now should be about 700K, mortgagee left over 300K, renewal next year in December. Initially wanted to sell the house cash out and buy something else, but realized I really l...

on

I own a 2-bedroom condo in Toronto. I am single, and this is my (only and) principal residence. I'm considering to rent out one room. If I go ahead with this idea, do I have to pay tax on my rental income? If so can I deduct the mortgage interest as expense (and how much of the mortgage interest as ...

in

Does anyone know what is the current status of this project? Academy Condo by Lemine Investing Group at Morningside/Ellesmere is marketed as a residence dwelling targeting to UTSC students, it was one of the hottest condo development back in 2014 and was sold out in weeks. I purchased an unit as wel...

home

I have sold my home. Closing is at the end of April. I want to put an offer on a home and also make the closing date end of April. I cannot close on purchase earlier because I need the funds from the sale of my home. Has anyone been in this situation. Is it okay to have closing dates close to each o...

real estate

http://bcbudget.gov.bc.ca/2018/homesbc/2018_Homes_For_BC.pdf Key takeaways: STABILIZING THE MARKET: 1.Taxing speculators who are driving up housing costs 2. Increasing the foreign buyers tax rate to 20% 3. Expanding the foreign buyers tax ...

rental

its tax season and I am searching for some answer.. we own our principle resident for 10 years, and moved out to a rental house during reno last year, (during reno the Ontario foreign tax took effect) .. kids like school and all the conveniences of new places, so we decided to stay in the rental, an...

what

I'm travelling from Regina to Toronto. I thought there might be deal here for relocation service , I mean a fully furnsihed residence for temporary move not more than 15-18 days, but couldn't find proper one. Any suggestions?

how

Hi everyone, I can't seem to find any solid sources about how much it could cost to heat a house with oil. I've seen a huge range, anywhere from $90 a month to quite a few horror stories of $500 to $1000 a month. Realistically, how much can I expect to pay? I know it depends on consumption, but is t...

buying

We are currently looking for a house in the Aurora area. We have found a great deal on a house but it number 44. We have no issues with this, but as we are not going to live in the house forever we have to think of resale value. It is a high percentage of asians in the community. Would this be a bad...

question

Timeline Mar 2016 - Pull $15K from RRSP A and $6.5K from RRSP B. Put entire amount towards builder required deposit (plus some from my wife as required was $30K) Apr 2016 - Present - I never stopped contributing to both my RRSPs. ...

toronto

... namely, Yorkville Private Estates, One Bloor West, Museum House and One Bedford. There are currently 2 units for sale at Museum House: C4043016 facing North is 1942 sqrt feet at 1.8k psf C4032534 facing South is 2542 sqrt feet at 1.7k psf South views are substantially better because you get ...

new

I currently have a new mortgage which will be up for renewal in two years. At the time of refinancing will I be assessed by the bank at the new stress test rules? Or will I be grand fathered in?

property

I am trying to sell my property but think foreign buyers will pay more. I also thought I try to do this before ontario creates a larger foreign tax on property or BoC kills the real estate market. Has anyone tried the following to try to attract foreign buyers? wechat groups http://www.juwai.com rea...

from

Hello, I am hoping to get some help with my mortgage. I have about 1 year remaining in the the mortgage, and there are 4 people on it. Myself, my ex, and parents. Parents had 1% stake to help us get approved. Curious what steps I will need to take going forward ...

you

... for a small deposit, and realtors say that you can sell for a large profit before closing date. But is it all true to make gains so easy? Its 2018. So lets treat it as that. I'll divide my post into 3 parts. Info / Opinions & Scenarios / You Info: - Any place that is working with ONLY 5%-10% ...

rent

http://www.cbc.ca/news/canada/toronto/toronto-average-asking-monthly-rent-september-2017-canada-mortgage-housing-1.4529133 Toronto rent control protected rents are literally 47% lower than asking price rents. Since the vacancy rate is so low every landlord I know is ...

tax

I own a 2-bedroom condo in Toronto. I am single, and this is my (only and) principal residence. I'm considering to rent out one room. If I go ahead with this idea, do I have to pay tax on my rental income? If so can I deduct the mortgage interest as expense (and how much of the mortgage interest as ...

can

Say if I dump all my investment in Toronto and invest in MTL real estate, can the loss be used to deduct the gain in Montreal later? Any restrictions? Thanks.

gta

for a 1,100 sq ft condo in GTA (not downtown) i am paying $565 (incl tx) for 2018 - is this average or am i overpaying? i am with intact. curious to know what other condo owners pay in GTA.. i'd appreciate if you could recommend ...

market

With increased unaffordability of detached homes in Toronto and tightening of lending is it possible the market becomes segmented with condos closing the gap? The numbers for Toronto Condos are pretty staggering to look at; https://preview.ibb.co/mZKQ3x/condosss.jpg http://torontorealestatecharts.co...

heloc

Hi everyone, My mortgage and HELOC renewal is coming up and this is what I currently have: House worth: 300K Credit Limit: 234K Mortgage: 128K HELOC: 106K Original Amortization: 34 Years and 11 month Interest: 2.94% on mortgage and 4.10% on HELOC This is for my rental property. Renewal is coming up ...

price

Haven't been following the RE market for awhile so I'm a bit behind. With http://tosolds.ca/ closed in providing sell price data, are there any other websites that's providing this? Condos.ca is the next closest, but it's not actual listings.

not

Hi everyone, My friend currently resides in a basement in Brampton. She says that that the ceiling is very low. Nobody taller than 5'6 can stretch without touching the ceiling. Nobody taller than 5'10 can shower without their head touching the ceiling. There is poor ventilation. The extractor fans d...

landlord

Wondering if anyone has experience with property management companies in Ottawa. Doing research online, just seeking any comments, recommendations. Own a condo apartment, tenant is leaving (family member) so now looking at finding a new tenant for the first time. Some property managers will provide ...