It is simple to see the sharp interest rates destroying the chances of possessing a house of your own. Isn’t it? Along with the increasing inflation rate and high-interest loan plans prevent you from getting hands on your dream home. Don’t they? But, guess what? Canada’s First Time Home Buyer Incentive (FTHBI) is here to…
The first month’s rent is used as a payment for the first month of your tenancy. The landlord in Ontario is permitted to require both the first and last months’ rent as a deposit, regardless of the type of residential property you are renting. Since the landlord can only use the money to cover the…
When purchasing a home of your choice, eventually, the exact footprint does not matter. After all, a property with a large footprint that is outdated, neglected, or badly designed won’t command the highest sale price in the neighborhoods. Yet, being aware of a home’s square footage might assist you in determining whether or not the…
For many homeowners, the outdoors is a refuge from the hustle and bustle of everyday life. But just because you’re out in the open doesn’t mean that safety should be taken for granted. Ensuring your outdoor space is safe is essential to providing you and your family can enjoy it—so let’s look at the composite…
Your home is a significant investment, and protecting it is vital. Home insurance is necessary to protect your home and personal belongings from unexpected events, such as natural disasters. Understanding the different types of home insurance available is crucial to make an informed decision. This article will discuss the many forms of home insurance…
If you have been keeping track of the Canadian property market recently, you would be aware of the significant surge in the housing market during the summer of 2021. This increase in demand from buyers caused both asking and selling prices to rise considerably. At the onset of the COVID-19 pandemic in April 2020, the…
Locating your dream apartment in a great area in Toronto can be an overwhelming errand because of the plethora of ideal options available at the tip of your fingers. It might feel like searching for a needle in a haystack. While rummaging through heaps of options, figuring out the average cost of utilities is the…
How do condos work? An individual who owns a unit inside of a building with multiple units. As the individual owner retains complete ownership of their unit. Nonetheless, they have joint access rights with some other owners of the complex to the communal areas and facilities, such as the gyms, pools, parking areas, and elevators.…
Relocating to a new home is an exciting adventure, but it can also be a financially challenging endeavor. In Canada, moving expenses can vary significantly depending on various factors, so it’s better to keep in mind. For instance, the weight of your luggage and furniture, the distance to reach new place, and the type or…
If you’ve ever wondered how much it costs to build a house in Canada, you’re not alone, with current market conditions characterized by a severe housing inventory cost from coast to coast. Buying bare land or a demolished house and starting from scratch may be less expensive. Aside from stock, there are numerous other advantages…
