It’s no secret that property can be a smart investment choice, especially in a city like Toronto where demand for housing can seemingly never be sated. But for a successful property investment journey, you have to start with good information, so you can make informed decisions. Here we have broken down the essentials you need to know to get you on the road to profitability.

What Type of Investor Are You?

Let’s start with the basics, as the why of your investment decision will dictate the best path forward. Toronto is home to many different types of property investor,...

Home renovation is big business, never more so since the pandemic. Combine this with Toronto’s booming property market, and you’ve got a perfect storm, with ever more people jumping into the fray to make their millions via smart home renos. But how much does it actually cost to renovate a property, and is it really worth the effort? Here we’re going to take a look at what it means to renovate in the Toronto market.

Source: HomeStars Reno Report 2023

Best Renovation Projects in Toronto

Toronto’s high property prices, limited supply, and aging housing stock make it a...

Toronto Real Estate Taxation and Rebates

No one ever said property in Toronto was cheap, and property taxes can make a significant dent in your bank account. But there are some ways to lessen your real estate tax burden, so let’s take a look at them here, alongside the taxes they relate to:

Taxes When Buying

Harmonized Sales Tax (HST)

HST is a combination of federal sales tax (known as GST and charged at 5%) and provincial sales tax (8%); it only applies to new condos and houses bought from a builder, and comes to 13% of the purchase price. 

You do not have to pay...

Our homes are usually the single most valuable asset we’ll ever own, so it’s no surprise that when it comes to selling them, homeowners of all kinds are keen to maximize their return. And even minor home improvements can mean vital extra dollars in your pocket; you don’t have to tackle that kitchen reno, or sink tens of thousands into fancy fixtures, in order to enhance your property’s value. Here’s our breakdown of some of the most effective, budget-friendly ways you can boost a home’s appeal:

1. Painting

Painting is often cited as the number one affordable way to increase your...