Making your Rosemont home more energy-efficient before selling can attract buyers, increase property value, and lower utility costs. Many homebuyers today prioritize energy efficiency as it leads to long-term savings and a smaller environmental footprint. Simple upgrades can make your…
The Ville Marie Welcome Tax, a one-time fee that homebuyers in Montreal must pay when acquiring property, has been a key element of real estate transactions for many years. However, as we move into 2025, significant changes to this tax…
New changes to capital gains taxation take effect Tuesday. For capital gains of $250,000 or less, the inclusion rate remains at 50%. This measure, announced by Prime Minister Justin Trudeau, is designed to ensure generational fairness. The Liberal government hopes…
The Bank of Canada has lowered its overnight rate to 4.75%, a reduction of 25 basis points from the previous 5% level that had been in place since July 2023. This marks a significant shift in monetary policy, as the…
Average apartment rents in the Montreal region could rise by 27% over the next three years. A potential drop in interest rates and a slow recovery in construction in 2024 will not be enough to curb this increase, whether for…
Downsizing for retirement is a smart way to simplify your life and enhance your golden years. Imagine less house to clean, fewer bills to pay, and more money in your pocket from selling your larger home. This move offers significant…
Investing your RRSPs in an income property may sound tempting, but before diving in, it's crucial to weigh up the pros and cons. First of all, it's important to note that RRSPs cannot directly hold an income property. Instead, this…
Just bought a new home or signed a lease? Follow this essential checklist for a stress-free move! 90 Days Before the Move: Set the Date: Lock in your moving day and book movers or recruit friends to help. Plan the…
Preventing and Managing Flood and Water Damage: Caution is Key Annually, many residents in Quebec face the destructive force of nature during spring. The melting snow leads to flooding and water seepage, potentially causing significant damage to properties. To safeguard…
Canada to allow 30-year amortization for first-time buyers' mortgages on new homes. The federal government has announced a pivotal update set to take effect on August 1st, permitting 30-year amortization periods on insured mortgages exclusively for first-time homebuyers purchasing newly…
