Real Estate

July 2023 Greater Toronto Market Watch

Hi, I am YAN ZHOU. In July 2023, the Greater Toronto Area (GTA) experienced a notable increase in home sales, new listings, and home prices compared to the same month in 2022. The market also showed a more balanced trend on a seasonally adjusted basis, with sales slowing down slightly while new listings rose. According to Toronto Regional Real Estate Board (TRREB) President Paul Baron, the...

Exploring Toronto’s Elite Private Schools: A Glimpse into Academic Excellence and Holistic Education

Introduction: Toronto, the vibrant and diverse city nestled on the shores of Lake Ontario, is home to some of the finest private educational institutions in Canada. These schools are renowned for their commitment to academic excellence, innovative teaching methods, and a holistic approach to education. In this article, we will introduce you to each of the top private schools in Toronto, giving you a...

Tax implications of converting a primary residence to a rental property in Ontario

Tonight I received a phone call from one of my clients about the tax implications of converting a primary residence to a rental property in Ontario, Canada. However, please note that tax laws can be complex and subject to change, so it's always a good idea to consult with a qualified tax professional for advice tailored to your specific situation. Here are some key points to consider: Change in Use:...

What are patent defects and latent defects in real estate

In real estate, the terms "latent defect" and "patent defect" are used to describe different types of property defects that can affect its condition, value, or functionality. Here's an explanation of each term with examples: Latent Defects:Latent defects refer to hidden or concealed issues that are not easily noticeable during a reasonable inspection of the property. These defects are typically not...

10 Hidden Gems: Exploring Underrated Neighborhoods in Toronto

Toronto is a city full of diverse and vibrant neighborhoods, and while some areas like downtown and Kensington Market often steal the spotlight, there are several underrated neighborhoods worth exploring. Here are 10 hidden gems in Toronto that offer unique experiences: Leslieville: Located in the east end, Leslieville is a hip and artsy neighborhood with a laid-back atmosphere. It's known for its...

GTAHome.com Real Estate Team November Webinar

Guest Speaker: Ritch Lau 您可能听说Buttonville机场目前所在地将来将会被改造成一个大型的商住项目; 您可能会想了解政府如何在提供更多住宅用地时确保不会在某些地段过度发展; 您可能担忧目前万锦市社区治安问题 我们GTAHOME.COM Real Estate Team很荣幸的请到刚当选的候任万锦市市议员Ritch...

房产税务网络讲座

https://us02web.zoom.us/j/83264707574 1. 自住房及投资房之间变更产生的税务  问题 2. 转楼花所产生的税务问题 3. 买楼花交房后如何申请HST rebate 4. 房屋哪些开支可以抵税 5. 2022年10月31日交接的自住房/投资,2023年上半年打算售出,交税吗?是按capital gain还是全部收入交税 6....

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