✅ 1. First-Time Home Buyers' Tax Credit (HBTC) Benefit: $10,000 non-refundable tax credit Tax savings: Up to $1,500 (based on 15% of $10,000) Eligibility: You (or spouse) didn’t own a home in the past 4 years ✅ 2. Home Buyers' Plan (HBP) Withdraw up to: $60,000 (NEW limit for 2024, increased from $35,000) From: Your RRSP, tax-free Repayment: Over 15 years, starting 2nd...
The Greater Toronto Area (GTA) real estate market in February 2025 continued to experience shifting dynamics, with home prices stabilizing, sales declining, and an increase in new listings. Buyers and sellers alike are navigating a market influenced by moderating interest rates, economic uncertainties, and evolving consumer confidence. Home Prices and Sales Activity The average selling price in...
In a recent segment from CBC's "About That," host Andrew Chang explored the notable decline in rental prices across Canada’s most expensive cities. This trend is particularly evident in urban centers like Toronto and Vancouver, where tenants are experiencing a rare relief from traditionally high rental costs. Key Factors Influencing the Decline in Rental Prices in Toronto Increased Housing...
Dear Homeowner, I hope this message finds you well. As your dedicated realtor in Vaughan and Maple, it’s my privilege to present this Year In Review package, thoughtfully prepared to provide you with valuable insights about your property and the local real estate market over the past year. This information is designed to empower you with the knowledge you need to make informed decisions about your...
The City of Vaughan offers an incredible array of events and activities for all ages, especially as we head into fall and winter. For residents and potential newcomers, this is a perfect time to get involved in local community events, connect with neighbors, and experience all that Vaughan has to offer. Here’s a look at some of the highlights you won’t want to miss. 1. Vaughan...
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