Contact us: 519.650.5800

Have foreign property? The CRA issues harsh penalties if you don't file this form

By: Tony Johal

Have foreign property? The CRA issues harsh penalties if you don't file this form

Tags: Foreign, Property, CRA, penalties, real estate

If you own foreign property whose total cost exceeds more than $100,000 at any point in the year, you must complete Form T1135, Foreign Income Verification Statement, and file it along with your annual income tax return. When we think of foreign property, our minds may turn to that offshore Swiss bank account or, perhaps, a Florida rental property. But, believe it or not, a T1135 must be fil...Read More

5 ways Millennials are renovating their homes differently

By: Tony Johal

5 ways Millennials are renovating their homes differently

Tags: Millennials, homes, renovating, real estate

If you’re an urban, Millennial renter like myself this may come as a shock, but apparently, a modest, yet growing cohort of our generation actually own homes. The most recent data on Millennial homeownership comes from The Urban Institute, which calculated the rate at 37 percent back in 2015. That percentage is expected to increase this year as more Millennials wed and combine their pur...Read More

In the Community: Tony Johal Real Estate

By: Tony Johal

In the Community: Tony Johal Real Estate

Tags: Real Estate, food assistance, Community, charity

You’ve probably heard the jingle: call Tony Johal and sell your house tonight! Not only is Tony Johal a hard-working family man but he is also an active community member who is passionate about giving back. Established in 2014 by Tony and Heidi, the Tony Johal Real Estate team has quickly grown to be one of the most recognized real estate firms in Waterloo Region. They are a family bus...Read More

Canada is undergoing the biggest condo and rental building boom since 1990

By: Tony Johal

Canada is undergoing the biggest condo and rental building boom since 1990

Tags: Canada, Market, Condo, Rental, Buildings

  Photo: Omar Flores/Unsplash Contractors haven’t been building condos and rental apartments at this frenzied rate in nearly 30 years. So says BMO analysis of Preliminary Housing Starts data from Canada Mortgage and Housing Corporation (CMHC) for the month of June. Construction of multi-family dwellings — which include units in condo and rental buildings &mdas...Read More

Climate change and the real estate industry

By: Tony Johal

Climate change and the real estate industry

Tags: Climate Change, Real Estate, Industry, Canada

By Don Procter Climate change is an emerging risk affecting the value of real estate, which is why Chris Chopik wrote a 75-page paper on the subject for a degree in the Master of Design in Strategic Foresight and Innovation program at Toronto’s OCAD University. Chopik’s paper – Property Value in an Era of Climate Change – doesn’t propose any easy sol...Read More

Is co-ownership a housing solution for both Millennials and seniors?

By: Tony Johal

Is co-ownership a housing solution for both Millennials and seniors?

Tags: Co-ownership, House, Solution, Millennials, Seniors

  As housing prices climb relentlessly skyward in Canada’s hottest real estate markets and the cost of living soars, some house hunters are deciding to not ‘go it alone.’ Instead, they’re combining their assets with two or more parties to purchase property — from two siblings buying a house together to relative strangers splitting a duplex. Photo: James Bombale...Read More

The best (and worst) Toronto neighbourhoods for real estate since the ‘90s

By: Tony Johal

The best (and worst) Toronto neighbourhoods for real estate since the ‘90s

Tags: Toronto, Neighbourhoods, Real Estate, '90s

Photo: Adam Muise/Unsplash A new study from an urban land economist and city planner shows how home prices have evolved in Toronto neighbourhoods since 1996. In a blog post, Igor Dragovic analyzes home price data from the Toronto Real Estate Board (TREB), looking at annual price changes in each of its 35 local areas, which can include several neighbourhoods in one, over the past thre...Read More

16 coastal chic decorating ideas that will transport you to the beach

By: Tony Johal

16 coastal chic decorating ideas that will transport you to the beach

Tags: Chic, Decor, Idea, Transport, Beach

  Whether you’re looking to decorate a vacation home or a staycation home, these coastal chic looks are sure to strike your fancy. 1. Pair navy subway tile with white grout for a look that’s beachy, yet budget-friendly. Photo: kerripopofprettyblog/Instagram 2. Apply decorative moulding to mimic the interior of a wooden schooner. Photo: houseo...Read More

15 home decor items you wouldn’t think to add to your wedding registry, but totally should

By: Tony Johal

15 home decor items you wouldn’t think to add to your wedding registry, but totally should

Tags: Home, Decore, Items, Wedding, Luxury

  Photo by Jose Martinez on Unsplash Wedding registries have come a long way over the past fifty or so years. Today’s couples are choosing to marry later in life, and as a result, their requested gifts have become more niche. If you’ve already been living together for five years, chances are you don’t need a toaster, but you may like a new nightstand. For th...Read More

Fears about costs of living continue to dim Canadians’ perspectives

By: Tony Johal

Fears about costs of living continue to dim Canadians’ perspectives

Tags: Costs, Canadians, Housing, Economy

Canadians continue to worry about housing and its associated costs despite the recent strength of the national economy, according to a new poll commissioned for CBC News. The survey found that among the leading sources of anxiety among Canadians, fears about housing and living costs predominated, with 32% of respondents citing these as their major sources of worry. This far outstripped othe...Read More

1 Message Us On Facebook Message us on Facebook!
close