Property assessments in Quebec: Deadline to challenge assessed value is...
Real Estate News
Property assessments in Quebec: Deadline to challenge assessed value is...
2023, march 28

” Are you an owner or tenant of a commercial, industrial or institutional building and feel that the assessment of your property is too high? April 30, 2023 is the deadline to challenge this assessment.” ” Property values in Quebec have increased dramatically over the past three years.” ”Last September, the City of Montreal, as

‘It’s not always straightforward’: The risks and rewards of buying...
Real Estate News
‘It’s not always straightforward’: The risks and rewards of buying...
2023, march 28

While the benefits can be alluring in a tough housing market, don’t let your excitement lead you into a bad decision. Here are some of The pros and cons of pre-construction ” When you purchase a pre-construction home, you make your down payment on a staggered schedule. While your initial payment will generally be less

Home Renovations? Get it in Writing: A Contractor Talks About Contracts
Real Estate News
Home Renovations? Get it in Writing: A Contractor Talks About Contracts
2023, march 02

” Why do need a formal contract? Because it’s the first step in determining whether your contractor is legitimate and professional, even before one nail has been hammered.” ” Drafting a contract is the start of your relationship with a contractor. In working out the contract details, it will really show you whether this person

In-floor heating can be a great addition to your home
Real Estate News
In-floor heating can be a great addition to your home
2023, march 02

” In-floor heating can be a great addition to your home and it seems to be all the rage recently. It can be installed in almost any room and is most common in laundry rooms, mud rooms and entranceways, “wet zones” or cold floor zones.” ” Let’s review the basics. There are two types of

Anti-Flipping Tax: Canada’s New House Flipping Rule
Real Estate News
Anti-Flipping Tax: Canada’s New House Flipping Rule
2023, february 01

” The new house flipping tax was introduced on January 1, 2023, to target people who were avoiding taxes on flipped properties. Previously, some house flippers were classifying profits as capital gains to avoid paying the correct taxes.” ” The new house flipping tax was introduced on January 1, 2023, to target people who were

What you should know about Canada’s prohibition on foreigners acquiring...
Real Estate News
What you should know about Canada’s prohibition on foreigners acquiring...
2023, february 01

”In the latest attempt to curb the price of residential real estate in Canada, Parliament has introduced a new statute aimed at making housing more affordable and accessible to Canadians.” ”The Prohibition on the Purchase of Residential Property by Non-Canadians Act, S.C. 2022, c. 10, s. 235 (the “Act”) officially came into force on Jan.