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Yasir Khan's blog
Demand for commercial real estate soars nationwide amidst economic expansion and stock market volatility, according to RE/MAX® Canada Brokers
Investors flock to ‘bricks and mortar’ as hedge against inflation in Q1 2022
With the unofficial start of summer finally here, residents of Ontario and beyond begin to think about “cottaging season,” a term for the annual migration to summer cottages. There are many great locations in Ontario to consider purchasing a summer cottage, many of which are located along the shores of the Great Lakes.
The pandemic prompted a renewed focus on relaxation and recreation at home, making luxuries such as a large backyard, nice deck and a swimming pool highly sought-after on the real estate market. These outdoor features turn your home into a summer oasis during the warmer months. While there’s nothing wrong with wanting to make additions to your home, it is essential to consider the pros and cons of adding an expensive luxury item, like a pool.
You have found the ideal home. It could be the home you want to live in or one you’re hoping to use as an income property. It could be a condo, house or duplex. There’s just one issue – there are renters already living there. What do you do with the existing tenants? Buying a home with tenants is a unique scenario. The transaction goes beyond the typical buyer and seller arrangement. It can be an especially complicated scenario for the buyer.
How will higher interest rates impact my mortgage?
In February, the red-hot housing market warmed up Canada’s frigid temperatures. The immediate future might not be certain, but public policymakers are exploring a series of tools to cool off the real estate market that has been soaring since the early days of the coronavirus pandemic, and before that. One of these ideas is a capital gains tax on home sales.