Another municipal land transfer tax Increase for properties purchased at over $3M. On April 1, 2026 the buyers of residential properties in Toronto valued at over $3M will be faced with increased land transfer tax. As of January 1, 2024, the City of Toronto introduced initial increase of the land transfer tax for luxury properties. The second tax increase will work on a graduated scale as follows: Homes valued between $3 million and $4 million would see a 0.9 per cent change... [read more]

Few years ago laneway housing became a bit of a hot topic in Toronto due to affordability and lack of rental units, the city made changes to the permit process to make it easier to build, and even introduced development charges deferral program for qualified laneway suits, as well as affordable laneway suits program (which was quickly discontinued due to lack of funding and low popularity).  in this blog we would like to address if the laneway homes are a good investment and are they in... [read more]