No Inheritance Tax in Canada: But capital gains tax applies when selling inherited assets. Real Estate & Investments: If you sell, the increase in value since original purchase is taxed....
A mortgage pre-approval estimates how much you can borrow for a home by evaluating your financial information. It provides potential mortgage rates and monthly payments, allowing for stronger offers on homes. The process involves submitting personal identification, proof of income, banking details, assets, and debts. Pre-approval typically takes 24 to 48 hours, but can take longer. It helps set a...
The Canada Revenue Agency (CRA) began accepting 2024 tax returns on February 24, 2025. Filing online via NETFILE can expedite refunds, with processing times as short as two weeks....
Market expectations for a 25-basis-point rate cut at the Bank of Canada’s March 12 meeting fell to under 30%. Analysts argue inflationary pressures and job market strength do not justify further monetary policy easing....
New property listings in Canada ↑ 11% MoM in January, the highest increase in two years. Despite increased listings, home sales ↓ 3.3% in January, indicating weaker demand....
Enhancing interior features makes your home more appealing and increases buyer interest. Kitchen upgrades, including energy-efficient appliances and extra storage, significantly boost resale value....
February and March are the best months to list a home, with 66.3% selling successfully. Homes listed in February typically find buyers in 51 days, the quickest time of the year....
Welcome to 15 Langbrae Drive, where comfort meets convenience in the heart of Clayton Park!This bright and spacious 2-bedroom+DEN condo is ideal for first-time buyers, professionals, or those looking to downsize.Theliving and dining area is flooded with natural light, leading to a private balcony ? ideal for enjoying your morning coffee,hosting a BBQ, or...
Most renovations aren’t tax-deductible unless for rental or business properties, with exceptions for seniors. A multigenerational renovation tax credit refunds up to $7,500 for renovations to house a qualifying relative....
Breaking news! Interest rates at pre-pandemic levels, mortgage rates at all-time low, announces Fed. It's a dream come true for homebuyers who have been waiting for the perfect time to enter the market! Dream on… Happy April Fool’s Day!...