Charles Khouri

City Of Ottawa Vacant Unit Tax or VUT -Everything You Need to Know

City Of Ottawa Vacant Unit Tax or VUT -Everything You Need to Know

The City of Ottawa is putting in place the VUT (Vacant unit Tax). The Ottawa vacant home tax will take effect in January 2023 and will be applicable to non-principal residences that were vacant in 2022 for at least 184 days.

HOW MUCH DOES IT COST TO SELL MY HOME?

HOW MUCH DOES IT COST TO SELL MY HOME?

Question: What’s the true cost of selling a home?
Answer: Usually 7-10% of the sale price.
Here’s a DETAILED breakdown (with 2022 data)

HOW CAN A COOLING MARKET AFFECT YOU?

HOW CAN A COOLING MARKET AFFECT YOU?

What are the effects of a slowing real estate market on buyers and sellers? A large portion of Ontario’s residential real estate market has been cooled by a number of reasons, including higher interest rates, increasing inflation, and rising cost of living.

HOW CAN I BECOME A KNOWLEDGEABLE REAL ESTATE BUYER?

HOW CAN I BECOME A KNOWLEDGEABLE REAL ESTATE BUYER?

Purchasing a home is a significant financial commitment and, for most of us, the biggest of our lives.