Pros and Cons of Buying From a Builder

Posted on Jun 14, 2019

1. You can choose your finishes
2. You can choose your lot location
3. There will be no stigmas or previous history of other occupants
4. Often, but not guaranteed, you pay a price today and it will be worth more by the time you move in
5. You can increase your down payment by giving the deposit now and saving over the next 12-24 months while it’s...

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Short Term Rentals and Air BNB – 5 LessonsYou Need To Know

Posted on Jun 10, 2019

1. What are the rules for AirBNB?
Every city in Ontario either has or will be announcing what the rules will be for renting out all or part of your property on AirBNB or other short term rental websites. In Toronto, for example, it is expected that only a principal residence will be able to be used for AirBNB. You can either have up to 3 of your bed...

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Do I need to disclose a death or stigma? What are the rules?

Posted on Jun 04, 2019

1. Patent or visible defects do not need to be disclosed
If you can see a defect during a typical home inspection, it does not need to be disclosed by a
seller. This can include a crack in a window, mirror or kitchen counter, a stain under the bed
or damage to a wall behind a picture. It can even include KITEC plumbing, which is
typically visible. The...

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Top Renos

Posted on May 08, 2019

Top Renos

First impressions do matter! And this especially holds true in this slower but still very competitive marketplace. With fewer to choose from, sellers need to pull that buyer in with a home that looks and feels great. Fewer homes are being listed, and they are taking slightly longer to sell than in the the past few years.

In any type of mark...

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Bidding Wars Are Still Happening...

Posted on May 08, 2019

Bidding wars are still happening…..

With a fewer number of homes on the market, we are still seeing some homes generating more than one offer.

It isn’t necessarily a “war” – it is a home that has multiple offers. Although buyers will often say they won’t have anything to do with these situations, they are the only ones that could potentially lose the...

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First Time Homebuyers Catch a Break

Posted on Apr 29, 2019

First Time Homebuyers Catch a Break With Slowing Home Price Growth

We have some good news and we have some bad news, prospective homebuyers in Canada.

First, the bad news: According to the latest Royal LePage House Price Survey, home price growth in many of Canada’s real estate markets is slowing. This means, if you’re looking to buy a home, its valu...

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Get In Touch

Kirsten Pedersen

Royal LePage Meadowtowne Realty

View all addresses here 

Mobile: 905-691-7470