Selling

A newly renovated basement that remains empty, except for an office chair and computer monitor

Real Estate

How to know if a secondary suite or basement apartment is legal—and a worthwhile investment

The potential to earn rental income sounds great, but unauthorized second units come with financial and other risks.

How to know if a secondary suite or basement apartment is legal—and a worthwhile investment
Lights glow in front a modern two-storey home at dusk

Real Estate

Mortgage rules when buying a second property in Canada: What you need to know

Interested in buying a second property? Familiarize yourself with the mortgage rules first to make sure it’s the right...

Mortgage rules when buying a second property in Canada: What you need to know
A historic vacation property with private access to the shore that was purchased through a corporation

Real Estate

Should you buy real estate through a corporation?

It can make sense to purchase rental or vacation properties through a corporation, but often it's simpler—and less risky...

Should you buy real estate through a corporation?
A modern condo building against the backdrop of a clear blue sky

Ask a Planner

Will you make money on your rental property?

Rental real estate has been a great investment for many Canadians. But how do you assess whether yours is...

Will you make money on your rental property?

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Exterior view of the upper floor of a home on a cloudy fall day

Columns

Housing affordability: What happens when lower home prices take on higher borrowing costs?

Borrowing costs are increasing as Canada experiences the fastest drop in home prices since the 1980s. Have we reached...

Housing affordability: What happens when lower home prices take on higher borrowing costs?
A hallway's exit sign that illustrates a home buyer's decision to break out of a real estate deal

Real Estate

What happens when a buyer backs out of a real estate deal?

Signing a purchase agreement and then failing to close can have serious financial consequences—and courts don’t take it lightly....

What happens when a buyer backs out of a real estate deal?
A couple are looking at a photo book, as they clear up the home of a family member. They're also at the stage of wondering the next steps, including who will pay for the mortgage

Estate Planning

Is the family responsible to pay the mortgage for a loved one who has passed away?

When a home owner dies with money owing on the property, the type of ownership determines who is accountable...

Is the family responsible to pay the mortgage for a loved one who has passed away?
A man doing acrobatics to symbolize the balance needed to calm inflation and a recession.

Investing

Making sense of the markets this week: August 7

Do earnings matter in 2022? Will Canada follow the U.S. into a recession? Plus other fascinating market fodder.

Making sense of the markets this week: August 7

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A woman is sitting in a lawyer's office reading a power of attorney document, and she is wondering what the fees are for a POA in Ontario.

Ask a Planner

Are fees payable for acting as a power of attorney?

Can you be paid for a role as an attorney for property, in particular, after the position has already...

Are fees payable for acting as a power of attorney?

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