Real Estate condition clauses can be the difference between a successful transaction and a buyer or seller nightmare. When considering clauses to include, it is important to understand the implication of the verbiage contained within, as well as what happens upon condition expiry. This post will attempt to break down the various types of conditions, [...]

If you've bought property in Ontario, your Lawyer has likely asked if you'd like to buy Title Insurance. If you've had a mortgage with your home, you may not have had the choice. Today in Ontario, it's expected for one to buy Title Insurance when closing a property.   But what is Title Insurance? Is [...]

Residential Real Estate is one of the most versatile asset classes in Toronto. Some partake in Residential Real Estate for the purposes of living and raising a family. Others, however, may take advantage of residential real estate’s low entry barrier for investment. (The residential concessions in financing allow the beginner investor with little capital to [...]

A Basement Apartment is a great way to convert some unused space into extra income. If designed correctly, a basement apartment can break free from the stigma of being "below all else" and have the feeling of its own domain. Here are three Basement Apartments from the MLS that do a great job of giving [...]

Looking at purchasing a pre-construction condo? You may have come across the term "Assignment". Here's the info on Assignment Sales and some useful information you should know before you begin. What is an Assignment Sale? An Assignment Sale occurs when a buyer successfully allows a third party to assume the rights and responsibilities of an [...]

Have you been browsing the Toronto MLS for listings and seen the initials "SCE"? Or maybe you found the perfect home only to call the REALTOR® and be informed it is "Sold Conditionally...with an escape clause". If you're new to Ontario Real Estate, you're likely unfamiliar with the term. However, an escape clause can be [...]

How many times have you been searching for your next home or renovation project, and seen the words “Legal Non-Conforming” in the MLS Listing? You’re not alone. In 2020, there were hundreds of listings that mentioned something along these lines. As an agent, I have to admit that its tempting to use this term as [...]

When looking to buy or sell Toronto Real Estate, the topic of zoning by-laws is one that cannot be overlooked. These sets of rules govern the use for land in an area. Amendments, changes, and revisions can all have a significant impact on the value of a piece of property. In this guide, we will [...]

The offer isn’t the end of the selling process. Rather, its the beginning. Maybe you have one offer on the table, maybe you have multiple. Whatever the case, there’s a decision to make. Do I work with what I have on the table? Or do I wait for a better opportunity. This is where Qualified [...]

This article written by Baron Alloway originally appeared on Storeys.   Enroll in any Economics 101 class and the first lesson you will learn is the Law of Supply and Demand. This common sense axiom drives virtually every aspect of our society today. If you’re not familiar with the idea, here’s a 10 second crash [...]