Wednesday, April 30, 2025 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Trinity Real Estate Consultants
647-697-6743
matthew@searchhomesingta.com
Stating that you want to buy an apartment can raise some eyebrows. You might even hear some people say that with the volatility of the current market, it’s not even possible, what with how in-demand housing is, and how much it can cost.
In addition, if you were to search for triplexes and multiplexes, you’d notice that those properties for sale are entire buildings, not individual units. Ask listing agents, and most would offer you condos. So, before getting on to the cost of apartments, it would be best to clarify first how they differ from condos. After that, this article will address the relevant legalities in Toronto real estate.
Difference Between Apartments and Condos
Many people think that the main difference between apartments and condos comes down to prestige and cost. People assume that apartments are . ...
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Wednesday, March 12, 2025 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Trinity Real Estate Consultants
647-697-6743
matthew@searchhomesingta.com
Deciding where you want to live can be incredibly challenging since there are so many things to consider. Choosing where to live becomes more complex if you have children or are hoping to have children soon.
In this situation, when choosing where to live you are not only thinking about your wants and needs, you also have to think of your children’s needs. Education and kids’ experiences at schools can make a huge difference in a child’s development and trajectory as they get older.
Given the importance of schooling and education, it’s no wonder that families are looking to find the area or neighbourhood with the schools which offer the best education for their children. However, a great education does not have to be expensive.
While there are people who are willing to spend large sums of money to send children t. ...
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Wednesday, January 22, 2025 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Trinity Real Estate Consultants
647-697-6743
matthew@searchhomesingta.com
Buying a house can be extremely exciting time but before you sign the paperwork to officially close on your potential new home, you need to have a home inspection cost appraisal done to help ensure that you know as much about your new home and are going into this transaction with your eyes open to your potential new home’s problems, etc.
The last thing you would want to happen would be for you to forego a home inspection and close on your home and later learn that you bought a home that will be a money pit, a drain your time, energy, and emotions.
While home inspections are not a perfect system, they are not meant to uncover every potential problem, they can help you to learn a lot of valuable information about your potential new home, the condition it is in and its potential problems.
In this article, we will begin by providing . ...
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Wednesday, October 23, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Trinity Real Estate Consultants
647-697-6743
matthew@searchhomesingta.com
Announced at the beginning of the year, Canada’s First-Time Home Buyer Incentive (FTHBI) is now active. This down payment incentive will make it easy for thousands of first-time homeowners to buy a home.
What is the First-Time Home Buyer Incentive (FTHBI)?
This incentive program is designed specifically for first-time homeowners in Canada. It was created with the aim of helping young people purchase a home without incurring hefty mortgage payments.
With this incentive, the government takes responsibility for 5% of your down payment for already existing Canada homes and 10% for newly built homes. This way, you can decrease your monthly mortgage payments without increasing your down payment.
If you are buying a $500,000 home, the FTHBI could help you save as much as $3,400 annually. With the down payment incentive, first-tim! ...
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Wednesday, August 7, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
One of the least enjoyable parts of buying real estate or property in Ontario, especially in the City of Toronto is the Land Transfer Tax (LTT). If you are buying property in Ontario, you will be responsible for the provincial Land Transfer Tax (LTT).
If you are buying property in the City of Toronto, you will also be responsible for the City of Toronto’s Municipal Land Transfer Tax (MLTT). Therefore, if you are considering buying real estate in Toronto and/or in Ontario, you will need to budget for paying at Ontario’s Land Transfer Tax and possibly even paying Toronto’s Municipal Land Transfer Tax.
This article explains what Ontario and Toronto’s Land Transfer Taxes are, how much they cost, how the Land Transfer Tax fees are calculated, who is responsible for paying them, who is exempt, and information for non-re. ...
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