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Foreign buyers involved in less real estate deals since new tax
Foreign investment is often considered a major factor in high housing prices across Canada, especially in its major cities. Ontario recently began charging additional taxes for foreign real estate buyers. According to statistics from Toronto and the Golden Horseshoe, these steps...
3 Things to Know for Prospective Condominium Owners in Ontario
Condominium ownership comes with many benefits. But it also comes with rules and regulations that may govern everything from the cost of monthly maintenance fees to what type (if any) pets you can keep. As a potential condo owner, knowing...
New condominium law to help regulate financial transparency
When choosing to invest in a condominium, buyers need to take monthly condo fees into consideration. Understandably, increases to these fees can cause a stir and many buyers want to understand what kinds of increases are allowed under condominium law....
What does condominium law say about adding parking spaces?
As condo owners' lives change, they often have questions as to what their building will allow. One of the changes that often concerns Ontario condo owners is the addition of a new car and the need for parking. Many people...
What does condominium law say about loud pets?
When searching for a condo, buyers should consider if a prospective unit will also be a comfortable living situation for any children or pets. With regards to the latter, condominium law and condo board regulations may be in place regulating...
