Monthly Archives: February 2013

Baby Boomers are moving but not to Condo

Single-family homes remain the most popular property type among both Baby Boomers and Generation Y, according to Royal LePage survey According to Royal LePage National Survey, despite the perception that aging Baby Boomers may create an oversupply of traditional single-family homes as they downsize into smaller residences, a new Royal LePage Real Estate survey shows […]

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Brampton orders monster home torn down

The city may itself have goofed in allowing a 6,600-square-foot house in a neighbourhood of more modest homes, but it now wants it demolished. The owner of a 6,600-square-foot monster home being built in Brampton has had his building permit revoked and has been ordered to demolish the structure, even though the city may be […]

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Matrimonial home, or not? A $500,000 question

A couple can have more than one matrimonial home, as long as it can be shown they use it as a family home at some point in the year. A matrimonial home is recognized as a very special asset by the law in Ontario. That means that if the home is sold, it will usually […]

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First time buyer are back?????

Just a few weeks ago, the house on East York’s Marlow Ave. would have looked like a simple starter home — two bedrooms and two bathrooms crammed onto a 17-by-93-foot lot, listed for $469,900. But by Monday night, after the barn-shaped detached home sold for $525,000 in a flurry of eight competing offers, it became […]

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