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Assumable mortgages:   When it comes to unique financing options, assumable mortgages can be a valuable tool for both buyers and sellers. This type of mortgage allows a buyer to take over the existing mortgage terms from the current owner—meaning they not only purchase the property but also "inherit" the mortgage’s interest rate and payment schedule. While assumable mortgages aren’t widely used, understanding their advantages and considerations can... [read more]

  1. Choosing a Risky Loan   Talk to a mortgage broker or a loan officer to receive information on various types of loan products – there are mortgage loans for practically every person and situation. However, if you don’t educate yourself on the various products, this increases your chances of selecting a loan that’s too costly. For example, some buyers choose an adjustable-rate mortgage to receive a lower interest rate early on, but they fail to... [read more]

In simple terms, a capital gain is an increase in the value of an investment (such as stocks or shares in a mutual fund or exchange-traded fund) or real estate holding from the original purchase price. If the value of the asset increases, you have a capital gain and you need to pay tax on it. That might sound bad — but trust us, making money on your investments is never a bad thing. In Canada, 50% of the value of any capital gains is... [read more]

SX SOUTH WOODBRIDGE CONDOS & TOWNS Location: Islington Ave and Steeles Ave West in Vaughan Tentative Occupancy - December 2022 Taxes - Approximately 0.73 % (2018) Price - Starting from high 300000 Free Shuttle Bus to York University and VMC Subway Stations Main Floor Amenities Lobby & Concierge Desk Bar Social Room Coffee Bar Lobby Lounge Kitchenette Pet Wash Think Space Property Management Office Fourth Floor Amenities Indoor... [read more]