By: Dharmendra Dholakiya

Bank of Canada increases overnight rate target to 1 1/4 per cent.
Will it burn Your Home's Value?

Tags: Interest rate increase! Will it burn your Home's Value?

OTTAWA – The Bank of Canada today increased its target for the overnight rate to 1 1/4 per cent. The Bank Rate is correspondingly 1 1/2 per cent and the deposit rate is 1 per cent. Recent data have been strong, inflation is close to target, and the economy is operating roughly at capacity. However, uncertainty surrounding the future of the North American Free Trade Agreement (NAFTA) is cloud...Read More

By: Dharmendra Dholakiya

Ontario secondary suite - Where your Home Stands?

Tags: Ontario secondary suite research study

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By: Dharmendra Dholakiya

Will new principal residence reporting will help CRA home in on flippers ?

Tags: CRA eying on flippers

Reporting the sale of your principal residence for individuals (other than trusts) On October 3, 2016, the Government announced an administrative change to Canada Revenue Agency's reporting requirements for the sale of a principal residence. When you sell your principal residence or when you are considered to have sold it, usually you do not have to report the sale on your inc...Read More

By: Dharmendra Dholakiya

Changes to Toronto LTT APPROVED - Effective March 1, 2017


Land Transfer Tax


For further details call Now:  416-834-6208  or email to:

IMPORTANT Changes to Toronto LTT APPROVED - Effective March 1, 2017 February 16, 2017 -- City of Toronto Council has approved changes to the Toronto Land Transfer Tax that mean additional Toronto Land Transfer Tax costs for some home buyers with a closing date on or after March 1, 2017, when it will be harmonized with the provincial LTT. Click here to see the detailed City of Toront...Read More

By: Dharmendra Dholakiya, Broker. Remax/crossroads realty inc., brokerage



source: Toronto Real Estate Board (TREB)...Read More

By: Dharmendra Dholakiya


Canadian property searches from U.S. way up after Donald Trump elected

By TESS KALINOWSKIReal Estate Reporter, TORONTO STAR Fri., Jan. 20, 2017           The election of Donald Trump to the U.S. presidency has created a surge in Americans eyeballing Canadian property. But don’t expect an influx of U.S. real estate buyers north of the border, said Phil Soper, CEO of Royal LePage. There may be more interest...Read More

By: Dharmendra Dholakiya

Increase in Homeowner Mortgage Loan Insurance Premiums


CMHC is increasing its homeowner mortgage loan insurance premiums as a result of our regular review of insurance products and to reflect the new OSFI Capital Requirements for Federally Regulated Mortgage Insurers that came into effect on January 1, 2017. The new premiums are effective March 17, 2017 and will result in an increase of approximately $5 to the monthly mortgage payment of th...Read More