Land Transfer Tax expansion
The Ontario government is considering expanding municipal powers to charge a municipal land transfer tax province-wide. Currently, the only option municipalities have at obtaining tax revenue directly is through property tax and user fees and municipalities seek to gain a … Read More
ClubLink seeks development of Glen Abbey Golf Course
Glen Abbey Golf Course – 27 times host of the Canadian Open tournament, headquarters of Golf Canada and the Canadian Golf Hall of Fame. Rumours have circulated for several years about the development of Glen Abbey Golf Course but the topic … Read More
Home values remain stable while number of homes sold decreases
Average sale price January 2013 $671,006 +10.57% Average sale price January 2012 $606,860 Average sale price February 2013 $741,164 +8.17% Average sale price February 2012 $685,155 # of Residential sales January 2013 146 -10.98% # of Residential sales January 2012 … Read More
Sale and purchase of tenanted rental properties
The prospect of selling a tenanted rental property under lease can be challenging but there are inherent benefits to both the seller and the buyer in this type of transaction. Benefits to the Seller: The ability to capitalize on prevailing … Read More