By: Natalia Ovsey

Ontario Rent and Housing Reform

Tags: Ontario Rent and Housing Reform

Ontario's rent and housing reform: 16 big changes, explained On Thursday, Ontario announced it would widen rent-control rules and take pages from B.C.'s playbook to bring skyrocketing housing prices down. Here's what you need to know Rental housing  What Ontario is doing: Expanding rent control to all private rental units Introduce legislation to standardize language in ren...Read More

By: Natalia Ovsey

What Happens Now?

Tags: What Happens Now?

How Ontarians are reacting to the province's plan Non-resident speculation tax The centrepiece of Ontario's new housing strategy is a 15-per-cent tax on home purchases by foreign buyers in the Greater Golden Horseshoe, from the Niagara region to Peterborough. The measure, which resembles Vancouver's foreign-buyers tax, will apply to most buyers who aren't citizens or permanent r...Read More

By: Natalia Ovsey

Principal Residence Exemption

Tags: Principal Residence Exemption

For the 70% of Canadians who own a home, it is a place to live, raise a family, and connects them to their community. Due to Canada’s tax system’s Principal Residence Exemption, when we sell our homes, any increased value or “capital gains” are not taxed. This tax break matters to Canadian homeowners. Collectively, we have about $3 trillion in home equity and our homes ar...Read More

By: Natalia Ovsey

Welcome to my Real Estate Blog

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Stay tuned to my blog for the latest real estate news, tips, local events, upcoming projects and more! ...Read More