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Real estate in Ottawa more affordable for young buyers
Across Canada, economic realities and housing costs create very different environments for prospective home owners. While those in Toronto or Vancouver face a high-priced market, buyers in Ottawa, Ontario have been taking advantage of some of the area's more affordable...
Ontario considers condominium law changes to promote electric car
As times change, rules governing housing are often altered to address new needs and technologies. In Ontario, the changes to the Condo Act are being considered in hopes of encouraging more people to adopt electric vehicles. The province has released...
Things to know about condominium ownership in Ontario
Condominium ownership comes with many benefits. It also comes with rules and regulations that govern everything from maintaining your unit and how much your condominium fees will be every month to what type (if any) pets you can have. As...
Vaughan lawmakers change real estate terms for new development
Clear definitions of property types are important for any new development. For example, detached houses and commercial properties have different regulations by which they must abide. In Vaughan, Ontario, city regulators are making a change to which properties fall under condominium...
Are online auctions the future of Ontario real estate sales?
The Internet has changed the way that many Canadians buy and sell real estate. But would an eBay style auction for homes ever be adopted by Ontario residents? One Vaughan real estate brokerage is hoping their online auction platform will increase transparency and...
Condominium law restricting rents may affect investors
There is a great deal of news surrounding the rising cost of rent in Canadian cities. However, many condominium owners who seek to earn rental income from Ontario real estate investments are actually in the negative due to the cost of...
