November 2021

What is the First-Time Home Buyer Incentive in Canada?

Posted on Nov 23, 2021 in Buyer's Guide to Residential Real Estate

Graphic titled Explaining the First-Time Home Buyer IncentiveSo, many of us have heard about the First-Time Home Buyer Incentive here in Canada. Admittedly, not a lot of people really know what this incentive actually is. So let's break it down...

1. What is the First-Time Home Buyer Incentive?
The First-Time Home Buyer Incentive is a shared-equity mortgage aimed at middle-class first-time home purchasers, wit...

Read More

What Do Condo Fees ACTUALLY Cover?

Posted on Nov 22, 2021 in Buyer's Guide to Residential Real Estate

Graphic asking What do condo fees cover?
Let's break down condo fees, if you aren't careful these can sneak up on you and leave you feeling very unsure of your buying experience. Condo fees are divided into three categories:

1. Utilities
- water, hydro, and sometimes heat, as well as some maintenance. Most brand-new condos are being built with individual heat pumps that are paid for by ind...

Read More