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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...
New Airbnb partnership may impact condominium law
Technology and business developments such as Airbnb have caused a stir in both the rental housing and hospitality marketplaces. Many people have called for new condominium laws in Ontario to address this new factor, while condo boards have penned bylaws to limit...
Incorporating a real estate rental business
Landlords with multiple rental properties often wonder about the smartest ways to set up their business. Ontario real estate owners may consider incorporating their rental properties into a holding company. Before doing so, however, they should consider the advantages and disadvantages...
Decreased rental real estate following new rent controls
The Ontario government is keeping a close eye on the new rent control measures after a new report showed a negative impact from recent changes. Ontario's housing minister has defended the measures, though he assures concerned parties that he is paying...
