Thinking About Renting Your Basement?

The Toronto rental market is very strong and, if you don’t really need the living space in your basement, the idea of pulling in an extra $1,000/month or more in rent can be very appealing. Before you embark on renovations to convert your basement into an apartment, however, here are some things you should bear… Read More

Radon Gas Is The Second Leading Cause of Lung Cancer

House with radiation hazard

Ongoing research into the presence and effects of radon gas has produced some disturbing results – the gas is in almost twice as many Canadian homes as previously estimated. Health Canada estimates that radon exposure causes the deaths of about 3,200 Canadians every year. That makes it the second leading cause of lung cancer, representing… Read More

How to Make Long-Term Real Estate Decisions

No longer is there an automatic last move for boomers—that is, being moved into a HOME. No longer is there a “last stage” of adult life that dictates an end to independence and to living in a home you love.  Aging in place, or staying in your own home as you age, even if you… Read More

Is Now The Right Time For A Kitchen Renovation?

It’s totally normal for those kitchen renovation pangs to go crazy during the holidays. If you’ve spent time at a friend or family member’s house that has a freshly updated kitchen, you may be feeling a little envious. If you hosted over the holidays, your kitchen’s shortcomings may be top of mind. But is this… Read More

Home Ownership: Marriage vs Common Law

Unhappy Couple

Do you assume the house or cottage you share with your life partner belongs to both of you, or are you positive you understand who holds legal ownership? Assumptions can be expensive when it comes to money and real estate. “The garden is as much mine as yours,” yelled one homeowner to his spouse when… Read More

What You Should Know About Buying and Selling Real Estate If You’ve Been Out Of The Market For A Long Time

If you’ve owned your current home for many years, you may find that a lot has changed in the real estate world. Understanding what has changed can come in handy when you’re entering the market for the first time in a while. Here are a few of the key ways the real estate marketplace has… Read More

Canadians Love Their Cottages, Cabins & Chalets

The Canadian dream of escaping the city and buying a recreational property to enjoy nature is  alive and well. Recent reports by two real estate firms say that everyone from millennials to    retirees agree that owning a recreational property is a dream come true. Many cottage communities in Ontario and B.C. have seen unprecedented… Read More

Is Your Basement Apartment Legal?

Is Your Basement Apartment Legal

There are thousands of basement apartments in Toronto, and the vast majority of them are NOT legal. There is a lot of confusion as to what it means for a basement apartment to be legal, and what is required to make it so. If you are thinking about buying a house with an illegal basement… Read More

Renovating? Recoup Your Investment When You Sell

  Before you pour your savings into a new kitchen and a rainforest shower for the master, think about whether or not you’ll be able to recover your investment when it comes time to sell. If you have equity in your home, you can make improvements, but don’t go over the limit of what other… Read More

Will The Ontario Fair Housing Plan Slow The Toronto Market?

On April 20, the Ontario government announced a 16 point package of measures designed to “help more people find affordable homes, increase supply, protect buyers and renters and bring stability to the real estate market”. Interestingly, if predictably, none of  these measures are designed to help or protect sellers or landlords. The key points are:… Read More