What is a Land Transfer Tax and do we need a municipal one?

By: Nate Van Beilen

What is a Land Transfer Tax and do we need a municipal one?

Tags: Real Estate, Toronto, GTA, Halton

There has been some speculation that the Ontario Liberal government will allow municipalities to impose land transfer taxes. A municipal land transfer tax is additional fee that is charged when people buy land and/or buildings. The idea tends to opposed by those in the real estate industry.   The Provincial of Ontario is currently reviewing the Ontario Municipal Act which outlines the ways in...Read More

Canada: Top of the World in Housing vs Rental prices

By: Nate Van Beilen

Canada: Top of the World in Housing vs Rental prices

Tags: Overvalued property, Real Estate, Toronto, Mortgage rates

  The difference between housing and rental prices is similar to the accounting ratio of equity prices to earnings. If the ratio is higher than historical averages, then property or assets are deemed overvalued.   A study by the Economist compared 26 housing markets across the world. The verdict? Canada has the largest difference between home prices and rental costs.   Th...Read More

Environmental groups push for doubling Greenbelt size

By: Nate Van Beilen

Environmental groups push for doubling Greenbelt size

Tags: Housing Prices, GTA, Development, Bluebelt

The expansion of the Greenbelt isn’t necessarily green, but rather blue. The proposal would add 1.5 million acres to the protected area and also guard waterways.   The Greenbelt is widely regarded as a successful conservation initiative as it the biggest of its kind in the world. The Liberal government is currently reviewing the protected zone which was a collaborative undertaking invol...Read More

Real Estate Breakdown in Oakville’s Neighbourhoods: Bronte

By: Nate Van Beilen

Real Estate Breakdown in Oakville’s Neighbourhoods: Bronte

Tags: Bronte Village, Development, Shell Park

Bronte was originally established in 1834 as a commercial fishing village. In 1962, the neighbourhood formally joined the town of Oakville. Bronte is bounded by the QEW to the north, Bronte Creek to the east, Lake Ontario to the South, and Burloak Dr. to the west.   Bronte has retained its village charm. The harbor, small shops and boutiques, are attractive to visitors and homeowners alike. B...Read More

Oakville Grocers now selling Beer

By: Nate Van Beilen

Oakville Grocers now selling Beer

Tags: Local Beer, Small Brewers, Oakville,

58 stores across Ontario are selling beer as part of the province’s plan to de-monopolize beer sales. 3 of these stores are in Oakville: - Longo’s: 3455 Wyecroft Road - FreshCo: 2501 Third Line - Longo’s: 469 Cornwall Road   "Today the wait is over. Beer is here, in grocery stores, just in time for the holidays," said Ontario Premier Kathleen Wynne.   The Libe...Read More

What's more environmentally friendly - Fake or Real Christmas trees?

By: Nate Van Beilen

What's more environmentally friendly - Fake or Real Christmas trees?

Tags: Landfill, Sustainable, Tradition

When objectively analyzed, cutting down a tree, setting it up in your home, and decorating it seems like a rather silly tradition. But traditions are engrained in culture and are not going to change any time soon so we might as well be as environmentally friendly as possible.   The average real Christmas tree takes 10 years to grow. That means that every year, if 10% of the trees are cut down...Read More

4 downsides to DIY real estate sales

By: Nate Van Beilen

4 downsides to DIY real estate sales

Tags: Legal, Assurance, Commission

The main draw for do-it-yourself home sales is the idea that you’ll save thousands of dollars by avoiding paying commissions. Here are 4 reasons why DIY real estate sales might not be in your best interests. Complexity. Selling real estate property without professionals could be compared to going to court without a lawyer. There are many papers and documents which contain complicated lega...Read More

4 Energy Saving Tips in Winter

By: Nate Van Beilen

4 Energy Saving Tips in Winter

Tags: Saving money, Energy Efficiency, Carbon Footpring

Saving energy means saving money. The colder temperatures and longer nights means more energy is being used to heat and light up homes. There are a number of ways homeowners can weatherproof houses which prevents heat from escaping. Increasing energy efficiency will also decrease your carbon footprint, so you can feel good about that too.   Filling in Gaps. Check around window frames and do...Read More

Real Estate Breakdown in Oakville’s Neighbourhoods: Southwest

By: Nate Van Beilen

Real Estate Breakdown in Oakville’s Neighbourhoods: Southwest

Tags: Appleby College, YMCA, Coronation Park,

Southwest Oakville is a mature tree lined neighbourhood bordering Lake Ontario. It is bounded by Rebecca Street to the north, Dorval to the east, Lake Ontario to the south, and Third line to the west. There are actually two neighbourhoods within Southwest; Coronation Park and South West which are separated by Sandwell Drive. This neighbourhood has grown significantly in in popularity over the last...Read More

November: another record breaking month in GTA real estate sales

By: Nate Van Beilen

November: another record breaking month in GTA real estate sales

Tags: Bidding War, Housing Demand, 905 region

It seems like a trend could be starting. Greater Toronto Area real estate sales broke records in October and again in November.   7,385 condos and homes were sold this November, up 14% from last year. The average sales prices also climbed up to $632,685, up 9.6% from last year. The 905 region did exceedingly well with sales up 18.5%. Townhomes specifically in the 905 region sold for an averag...Read More