Real estate buyers and sellers looking to hold onto their last dollar may be rushing to buy or sell their home before the new land transfer tax comes into effect at the end of this year.
The controversial tax, passed in a 26-19 vote by city council on Monday night, will be collected on purchases that [...]
Do not pay until 2047. The Canadian real estate industry has come up with the perfect product — the 40-year amortization.
Instead of planning to pay off their mortgage in 25 years, Canadians are now turning to products that give them at least an extra decade to pay their debt — subject to massive interest payments [...]
In the battle for one-upmanship in Toronto’s luxury real estate market, Alex Shnaider has revealed a convincing hand.
The enigmatic Toronto billionaire says in an exclusive interview he has decided to keep what has been billed as Canada’s most expensive condominium, valued at up to $20 million, at the Trump International Hotel & Tower for himself.
A [...]
