The CAP Rate in Real Estate

By |2022-07-16T09:17:22-04:00March 10th, 2019|Professional Advice|

If you've ever looked at Commercial Real Estate, chances are you've seen the term "cap rate". But what exactly is the importance of this number? What is a CAP Rate? The cap rate (or capitalization rate) shows the rate of return from an investment property. It's a number used estimate the potential investor's rate of [...]

Can I Expense My Sale Costs?

By |2019-02-28T11:22:21-05:00February 27th, 2019|All Posts, Professional Advice|

So you've finally sold your home. Congratulations! Although the heating 2019 market may have helped a little. In any case, you've just made arguably the largest financial decision you will ever make in your life. Whether it's moving to a new home, offloading an additional property, or celebrating a successful flip, the dwelling is well [...]

The role of a Lawyer in a Real Estate Transaction

By |2019-02-28T11:22:59-05:00October 11th, 2018|All Posts, Professional Advice|

A real estate transaction is potentially the largest single financial transaction of your life, planning and executing is critical for a result which anticipates both short and long-term goals and outcomes. In many real estate transactions you might only meet with a lawyer once, however we think it is important that your lawyer is [...]

The legalization of Cannabis- what does this mean for Toronto Real Estate?

By |2019-02-28T11:23:27-05:00October 2nd, 2018|All Posts, Professional Advice|

On October 17th, the use of recreational marijuana in Canada will become legal. Annual sales for Canada’s recreational marijuana market could range between $2.3 billion and $4.5 billion by 2021. Over 1600 applications have already applied for licenses to grow or sell medical marijuana. Once businesses become licensed under the Health Canada guidelines there [...]

8 Tips to remember when hiring a Home Inspector

By |2019-02-28T11:23:32-05:00August 27th, 2018|All Posts, Professional Advice|

The home inspection is arguably one of the most important step when purchasing a home. It can help you avoid a lot of risks before the transaction is finalized. A home may look like it is in perfect condition on the surface but underneath there may be problems just waiting to happen. Here are [...]

Why December is the Perfect Time to Buy a Home!

By |2019-02-28T11:25:36-05:00December 6th, 2017|All Posts, Professional Advice|

Contrary to popular belief, December is actually a great time to buy if you’re motivated. Sometimes a cooler, calmer market presents a great opportunity to buy. Here are a few reasons why December is, in our opinion, one of the best times to shop for a new home! There's Less Competition. As December is, historically, [...]

The Income Property- Where to Invest to Make Top Dollar on Your Rental!

By |2019-02-28T11:25:59-05:00November 6th, 2017|All Posts, Professional Advice|

Thinking about buying an income property, or a home with adequate space for a rental suite? Great idea. Having an income property is a great way to relieve the burden of your mortgage, or make a little extra income from the unused space in your home. However, creating a rental suite it isn’t always as [...]

Untangling Family Estates: Losing a Loved One and All That Comes With It

By |2019-02-28T11:26:49-05:00October 3rd, 2017|All Posts, Professional Advice|

  Dealing with the loss of a family member is stressful enough as it is, yet in what is probably one of the most overwhelming times in one’s life we are left to sort out funeral arrangements, untangle family estate issues, and quickly arrange for the sale of any property owned by the deceased. When [...]

Double-Ended Deals: It’s Complicated…

By |2019-03-05T12:12:02-05:00October 3rd, 2017|All Posts, Professional Advice|

If you’re in the Ontario Real Estate biz, you’re probably aware that there’s been some buzz around double-ended deals lately. In case you missed it, as part of the phase one review of the Real Estate Broker’s Business Act 2002, the Province has proposed to change the laws regarding multiple representation, which would implement a [...]

The Non-Resident Speculation Tax- What it Means From a Legal Perspective

By |2019-02-28T11:27:18-05:00August 15th, 2017|All Posts, Professional Advice|

As a measure to help “cool” Ontario’s inflated housing market, Premier Kathleen Wynne introduced the “non-resident speculation tax” this past April. This tax includes a 15% surcharge for buyers who are not citizens or permanent residents. The new foreign tax seems, in our humble opinion, like it may create more solutions than problems. These foreign [...]

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