idk where to post this really, my landlord has informed me
that he’s selling his place(selling sign up) which includes the mini house in the back i’m renting.. i honestly am young and have no idea about anything about that or the year lease i signed
he asked if i want to keep with new owners.. ig
im just looking for advice for what to look out for, as id be happy to stay for but also idk these people but also kinda thinking about moving given this opportunity to some where cheaper and better.

extra thought is my deposit how does that work if the new owners don’t know how it was before :/ or i didnt give the money to them

found a townhouse in the gta that needs some work but the bones are good. planning to rent it out after a light reno.

one thing i want to fix is the backyard. current setup looks rough and i know good outdoor space helps with rentals. thinking of adding some solid patio furniture that can handle the weather so it actually looks inviting.

anyone else upgraded the outdoor area on a rental and noticed it made a difference with tenants or listing photos?

Just days before Canada's October 19 CPI release, the Bank of Canada rate outlook is looking interesting. As of October 15, CORRA futures-implied probabilities show a 70% chance of holding at 2.25%, a 30% chance of hiking to 2.50%, and a 0% chance of a cut ahead of the October 28 decision.

The market seems comfortable betting on a hold for now, but that 30% hike probability leaves room for a surprise. With CPI just around the corner, one inflation reading may change the conversation heading into October 28 and potentially influence expectations for December as well. A hotter-than-expected reading may keep tightening risks alive, while softer inflation may strengthen the case for holding rates steady.

The market has made its prediction. Now it's inflation's turn to weigh in.

Can the next CPI report influence October's rate decision or reshape market expectations for December?

📊 Track live BoC odds: https://bankofcanadaodds.com/#boc_meeting_dashboard

Check out current average home prices in all of the neighbourhoods within Orleans, by the type of property.

condos got hit the hardest, average was $605k which is down 7.7% from last september. the overall average actually crept back over $1M after being under it in august, but that’s mostly mix of what sold, not like prices are bouncing

what stood out to me is september is normally when things pick up after summer and it basically didn’t. sales were up like 1% from august when you’d usually expect 4% or so. buyers seem to just be sitting there waiting on rates and the economy

anyone here actually waiting for a bounce or just done trying to time it

Two pre-construction homes, same builder and same street in a North Oakville neighborhood. Occupancy 2027. Primary home.

**End-unit freehold town**: \~$1.07M, \~2,400 sqft, 4bd/3.5ba, 24×100 lot
**Single Garage Detached**: \~$1.19M, \~2,040 sqft, 4bd/2.5ba, 34×90 lot
Both: no POTL fee, unfinished basement, within budget, and sufficient for our needs.

So the detached premium is \~$120k (\~11%) and has 360sqft less space, countered by more land and no shared walls. Which is a better value and why?

Move-in ready 3-bed home available through an assignable purchase contract. It's a good fit for landlords, investors, or a buyer who wants a solid home without the bidding wars.

✨ What you get:
🛏 3 bedrooms | 🛁 2 bathrooms (plus a bonus vanity in the ensuite)
🍳 Updated kitchen with new flooring, new appliances, and a huge pantry
🛋 Two living spaces: an upstairs living room plus a downstairs rec room with built-in seating
🌳 Large backyard and tons of storage

🔧 Big-ticket items done:
✅ Roof – 2023
✅ Hot water tank – 2024

💰 Assignment price: $230,000 (negotiable)
⏳ Flexible closing to suit you

📩 Message me for photos, the address, and full details. Serious buyers only.

This is an assignment of contract, not a property listing.

Good evening people,
I just found out I am royally screwed. Me, my sister and my brother in law bought a condominium together in 2024 (I was technically only meant to be a help for their mortgage approval so they needed my income). They are both citizens but I was on my work permit at the moment and still am.
We went through lawyer, bank and realtor for the purchase. But, none of them made me aware about the NRST tax? I just found out about it recently as my sister is attempting to sell the house due to her separation with her husband. And the new lawyer informed us about the tax.

How screwed am I in this situation? Like what can I even do here? What are my options?

Hey guys, I’ve been reading this sub for a long time. A lot of what I know about this market came from reading your guys’ threads so I figured this is where I should share what I’ve been working on.

I guess it’s important for some background first. I grew up around my family buying and selling a couple of homes when I was young and I actually paid attention mainly because I remember how it affected me. With so many days on the market showings and unrealistic actions really impacted the majority of my high school life. I remember our last home we sold after a painstakingly long time in the market ended up selling with around 5% commission. The listing photos were taken on the phone and the description was actually almost copied a word for word from another house in our neighborhood. My parents had ended up paying thousands of dollars and default. They could’ve done most of the thinking themselves.

I didn’t think much of it until I heard similar stories from colleagues much later on. One said their agent, barely replied during the offer. And then there was another said they were pushed to accept the first offer fast. And others were just not sure what they paid for. To be fair, there are good real estate agents, especially ones that know neighbourhoods, negotiate hard, and keep deals from collapsing when things really get messy.

My point is that it shouldn’t be the only option. Photos, listing showings and offers can happen online and some people would happily handle it themselves if the tools were just better.

So I started building one, it’s called Realkit. It’s a platform for buying and selling homes online in Ontario without a realtor. The idea is to give private sellers and buyers a clean place to find and deal with each other directly so you can keep more of your money. I thought it’d be nice to see some Canadian made in the space and to give people a chance to save just a bit more, especially during these difficult times.

To be upfront, it’s still in the works and not fully in production. I’m sharing it because I built it on the side. I think it could help people genuinely and I’d like to know what this community thinks. I’m not here to sell anyone on anything I’m not also claiming it replaces the realtor for everyone it won’t.

Please ask me anything how it works what’s missing or why you think private selling is just a bad idea. Tough questions are more than welcome and I’ll answer anything as honestly as I can.

I'm looking at condos in South Edmonton and Leduc, and was wondering what is a healthy amount for the reserve fund?

Hey everyone!
I’m a local real estate agent and lawyer here in Puerto Vallarta. I handle property transactions, closings, trusts, review contracts and I assist foreigners with their residency process too.
I’m looking to connect, share insights, or team up with other agents and professionals from other countries, if you have questions please feel free to ask

I'm looking at a poured foundation home on the Hamilton mountain. I knew it had some sort of flood history, but the information is limited because it's an estate sale. It sounds like the owner had a backwater event, and has since installed a backwater valve. They ripped out the flooring in the affected room, but the framing around the walls definitely experienced some rot. There is some mold as well behind the washer/dryer, but when I looked at it, the most damaged wall was just framing in the basement for the drywall, not framing that supported the joists and along the stairwell. I know the mold is a serious concern, nut the basement didn't smell moldy, to which I think I'm pretty sensitive to. The moldy sections are not expansive, so I feel fairly confident I can handle with with the correct PPE.

I don't need the basement as liveable space, really. I am getting it at 470k, which may not be good enough a deal considering the condition, but it meets many of my other needs - it's small, it's cheapish, it's newish (for Hamilton, 1951) and it has a poured foundation. So if I just have to rip out what is in the basement and perhaps refinish the basement one day, so be it.

However, my broker messaged me saying that she can't offer financing until the lenders receive the home inspection. They are very concerned about the mold. I called CAA regarding insurance and disclosed the history, and they said they won't insure it at all until there's a full remediation. They directed me to a different insurance broker, but until I have more information regarding the roof age, electrical panel, and plumbing updates they can't offer me a quote or even let me know if I'm eligible for insurance.

I feel like many who read this will tell me just to run, but at this point I'm not afraid of work and expense. I have money for renos, and I am having a very hard time finding a small bungalow for sale in Hamilton with a poured foundation in my price range.

I'm looking for advice on my risks - aside insurance issues, what else should I be afraid of? How unlikely am I to get this home insured in it's current condition?

Hey everyone!

My wife and I are in the process of trying to purchase a property being sold by a bank under power of sale, and we’ve run into a frustrating situation involving potential HST.

The property is an existing residential home that we intend to use as our primary residence. However, we believe it may have previously been used as a short-term rental or investment property, which has raised questions about whether HST could apply to the sale.

Here’s where things get complicated:
The bank insists on including a clause making us responsible for any applicable HST.
The listing agent doesn’t believe HST applies, but can’t confirm.

Our real estate lawyer hasn’t been able to give us a definitive answer.

We’ve contacted the CRA directly, but even they couldn’t give us a clear determination based on the information available.

The potential tax liability is significant enough that it could completely change the financial viability of the purchase.
We’ve been negotiating back and forth with the bank, but the HST uncertainty has become one of the biggest obstacles.

We’re not looking to avoid paying legitimate taxes. We just want to understand our exposure before committing to what could be a substantial additional expense.

A few questions for anyone who’s dealt with something similar:
Has anyone purchased a bank-owned or power-of-sale property where the HST status was unclear?

Is there a particular type of tax accountant, lawyer, or specialist who can provide a definitive opinion before closing?

Are there documents we should be requesting to establish whether the property was previously used commercially?

Has anyone successfully negotiated a purchase agreement that protects the buyer from an unexpected HST liability?

If HST does apply to an existing residential property, are there circumstances where rebates might be available?

We’re feeling a little stuck because everyone seems to agree this needs to be figured out, but nobody seems able to tell us how.

Would really appreciate hearing from anyone who’s navigated something similar, particularly real estate professionals or tax specialists.

Thanks in advance!

So here I am confused in selecting the location for house hunting. My work is remote in IT but if i switch i might have to travel to missisauga or toronto but its not certain now.

Should i think about that future travel where there might be possibility of more IT jobs or buy where there is market appreciation and safer community if so which area?.

Hi everyone! I’m a University of Toronto student working with a team on a CSC454 course project about how people choose homes in the GTA.

We’re exploring how practical priorities and family traditions, including Feng Shui and Vastu Shastra affect the search. We’d appreciate input from people searching or planning to buy, people who have bought a home to live in, and licensed agents or brokers.

These traditions don’t need to matter to you. Your perspective is useful either way.

The questionnaire takes about 10–15 minutes, or 7–10 minutes for agents. We don’t ask for your name, and responses are used only for our course project and reported in summary form.

Take the questionnaire [link: https://docs.google.com/forms/d/e/1FAIpQLSfBHeIMHIaXEnJrB_FBF2FXANqxCvMvnhcfTd0CDuKUh6IWkg/viewform ]

Thank you for helping us learn from actual experiences!

• As Toronto’s condo crash deepens, developers are privately selling large blocks of unsold units to investment firms at steep discounts — deals that can be nearly impossible for ordinary buyers to access.
• A new service is allowing individuals to access these secret sales for the first time.
• These bulk sales are not listed on public markets in an effort to avoid affecting listed condo sales. Such transactions accounted for about 30 per cent of new-condo sales recorded in the second quarter in the Greater Toronto and Hamilton Area, according to real estate data firm Urbanation.
• Until now, the discounts have been exclusively available to those with enough money to buy dozens of units at once.

Read the full story with this gift link. No subscription needed.

I’ve been researching the stock for the last week or so. Would love to hear from current or past investors in Bridgemarq (BRE.TO) Thanks