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Rebate Blog

Detached houses in Toronto continue to rise in price

The city of Toronto set a new record for home sales in June. Last month, 11,992 homes were sold, which is an 18.4 per cent increase from the year before. The housing price for all the types of homes sold went up and the average selling price of a home within the GTA rose to […]

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A property’s past could come back to haunt you

If you live in a city with a hot housing market, any property that’s being sold at a reasonable price could catch your eye. While you may want to jump on offering a bid before it’s scooped up, take some time to research the property before doing so since there may be more than meets […]

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Housing affordability remained the same thanks to regional trends

Housing affordability improved in some cities during the first quarter of 2015, but it was offset by rising unaffordability in other cities. The national affordability of three types of housing (condominium apartments, two-storey bungalows and detached bungalows) saw little change, according to RBC’s recent Housing Trend and Affordability report. Owning a condo became more affordable […]

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Be careful of fraudulent home renovations

The contractors you hire for your renovation job will make a world in difference in the amount you spend and the quality of the work you receive. We’ve all heard stories of unscrupulous renovators who have done lousy renovation jobs, leaving the homes in ruin, and billing clients for absurd costs. There was a recent […]

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Should you hire a designer for your home renovation?

For some people looking to do a home renovation, they may be unsure of how a designer can help. A designer can help homeowners plan out their renovation with drawn up plans and specifications. You’ll want to choose someone who’s familiar with designing renovations and willing to collaborate with the contractor doing the work. If […]

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What cities boast the best rental markets for investors?

For many Canadians, real estate is a great place to park their savings since in some cases, the monthly rent can cover the cost of a mortgage. Location is key when renting out a place and the city’s vacancy rates and average monthly rents may factor into your decision on where to buy. A city […]

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Your Landlord Is Selling The Property. Can You Be Forced To Move Out?

If your landlord is selling the property you live in, you have certain rights during the transaction, and you have certain responsibilities. Obviously, as a tenant, you’ll have many questions to ask. When will the sale take place? Can I find a similar residence? How long do I have to make a move? Probably the […]

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GST/HST new housing rebate application for owner-built houses

If you’re a property owner filling out a GST/HST new housing rebate application, it’s important to comply with all the guidelines, and provide all the requisite paperwork. You will be using the GST/HST new housing rebate application if you’ve built a brand new house, or if you’ve made a substantial renovation to your house. How […]

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