What are the big projects planned for Oakville in 2018?

By: Case Feenstra Team

What are the big projects planned for Oakville in 2018?

Tags: Budget, Taxes, Bronte, Oakville, Taxpayers

Earlier this month, Oakville Town Council unanimously approved the 2018 budget. Property taxes will increase by 1.75% to cover increases in costs and new projects.   So if your home is assessed at a value of $800,000, the additional cost per year will be $111.84 per year. The 1.75% increase is in line with inflation which shows reasonable cost increases for Oakville’s taxpayers. In fact...Read More

Could Part of Oakville Place Become a Condo?

By: Case Feenstra Team

Could Part of Oakville Place Become a Condo?

Tags: Condo Development, Real Estate, Oakville Place Mall, Retail

With the decline of store-front retailers across the country becoming more apparent, Canadian mall owners are looking to change their approach to business.   The 2015 closure of Target stores nationwide as well as the recent liquidation of all Sears locations has left Canadian malls with large spaces to fill, but they may not be looking for new stores to do that. As the real estate market in ...Read More

Legal Cannabis Stores Coming to Oakville and Mississauga

By: Case Feenstra Team

Legal Cannabis Stores Coming to Oakville and Mississauga

Tags: Oakville, Mississauga, Legal Cannabis, Community Safety, Legalization

With Canada’s plan to legalize the recreational use of cannabis (also known as weed) on track, both Oakville and Mississauga will see new LCBO style stores operating next year.   This past Canada Day the federal government officially unveiled their plan for legalization. The government gave themselves a year to implement the legal changes. As the July 1st 2018 deadline inches closer we ...Read More

Plans for Former Oakville Hospital Site Move Forward

By: Case Feenstra Team

Plans for Former Oakville Hospital Site Move Forward

Tags: Oakville, Hospital, Redevelopment, Housing, Community Centre

The official plan and zoning amendments have been approved for the former site of the Oakville Hospital. The Town of Oakville controls the site which allows it to ensure that the character of the neighbourhood is maintained and that the space is optimized for community needs.   The amendments allow a master plan to be implemented which includes: - A residential district with townhouses and de...Read More

Town of Oakville continues the fight to conserve Glen Abbey with new bylaw

By: Case Feenstra Team

Town of Oakville continues the fight to conserve Glen Abbey with new bylaw

Tags: Glen Abbey Golf Course, Real Estate, Oakville, Development

The development proposal for Oakville’s Glen Abbey Golf Course has raised significant attention and opposition from the town’s residents. Many Oakville residents, as well as the planning department assert that developing more than 3,200 residential units as well as retail space on the lands is not in the public interest.   Town staff proposed a bylaw amendment that would regulated...Read More

Ontario Providing More Rebates for Green Home Renovations

By: Case Feenstra Team

Ontario Providing More Rebates for Green Home Renovations

Tags: Energy Efficiency, Climate Change, GHG Emissions, Renovations

Rebates are now available for Ontario families looking to improve their homes’ energy efficiency through renovations. The rebates will come as part of the GreenON program and will be funded by the Ontario Green Fund, a non-profit provincial agency financed by the province’s cap and trade system for carbon emissions.   GreenON is part of Ontario’s plan to fight climate change...Read More

How you should be spending your commuting time

By: Case Feenstra Team

How you should be spending your commuting time

Tags: Commuting, Things to do during a commute, Commute Times

Commuting takes up a significant portion the day for many Canadians. The amount of time spent in this inactivity on a nationwide scale is alarming.   In our time-poor society where everybody is leading busy lives, it is important to make the most of our time as it is invaluable and limited.   According to a study done by Stats Canada, millions of Canadians commute on a regular basis to w...Read More

CRA to Target Wealthy Homeowners with New Project

By: Case Feenstra Team

CRA to Target Wealthy Homeowners with New Project

Tags: Homeowners, Real Estate Tax, Tax Evasion, Panama Papers

A new project from the Canada Revenue Agency will use postal codes to track and crack down on Canada’s wealthy homeowners who are using their properties to evade taxes.   In the wake of the Paradise and Panama Paper leaks which exposed large-scale tax avoidance schemes taking place around the world, Canada’s tax collection body is looking to show that it will not be so easily evad...Read More

November Housing Market: Sales, Listings and Starts

By: Case Feenstra Team

November Housing Market: Sales, Listings and Starts

Tags: Detached Home in the GTA, Real Estate Listings, Home Sales

November is usually a time of year when the housing market cools down. But this wasn’t necessarily the case for the GTA real estate market this past month. Home listings and starts in particular saw significant increases year over year and home sales are up from October, while home sales slumped for all categories compared to this time last year.   Active home listings are up 110.6% yea...Read More

New Airbnb Bylaw Will Reduce Units Available in Toronto

By: Case Feenstra Team

New Airbnb Bylaw Will Reduce Units Available in Toronto

Tags: AirBnb, Toronto, Real Estate, Rental Markets, Investment Property

A new rule in Toronto will reduce the number of units listed on the popular short term rental site Airbnb.     On December 7th Toronto City Council voted to remove the ability for residents to list secondary suites in their homes for short term rental. This will impact units such as basement apartments and will come into effect on July 1st 2018.   The push for new rules came from ci...Read More