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Toronto Convicts First Airbnb Owner

Toronto Convicts First Airbnb Owner

The company that owns a Willowdale house that was the scene of a shooting earlier this year has pleaded guilty to a single zoning bylaw violation. This is the first conviction for the city’s municipal and licensing department in the booming area of short-term vacation rentals such as Airbnb and VRBO. To date, only one […]

Smart Homes Of The Future Will Know Us By Our Heartbeats

Smart Homes Of The Future Will Know Us By Our Heartbeats

Kevin Foreman believes that homes will soon become intelligent enough to distinguish between family members and guests within physical spaces and adapt to individual needs based on biometrics like fingerprints, body temperatures and even the rhythm of our own heartbeats. In the very near future as you walk through your home, a small device worn […]

Ontario Doubles First Time Buyer Rebate

Ontario Doubles First Time Buyer Rebate

In an effort to help first-time homebuyers—but not hurt the equilibrium of housing markets outside of Toronto—the Ontario Liberal government announced today that they’ll double the first-time homebuyers’ maximum Land Transfer Tax refund to $4,000. This increased rebate will take effect January 1, 2017 and will mean that eligible homebuyers in Ontario would pay no Land […]

“Trumpflation”: Heading To Our Housing Market

“Trumpflation”: Heading To Our Housing Market

As if there isn’t enough going on with Canada’s housing market already, now comes “Trumpflation.” The impact on Canadian housing could happen in a roundabout way, and there are different scenarios for how it could play out. But we’re already seeing the ripple effect in bond markets. President-elect Donald Trump’s stimulus proposals are fuelling expectations […]