Definition A mortgage renewal in Ontario happens when your mortgage term ends (commonly after 1–5 years) and you must agree to new terms to continue repayment. If interest rates have increased or your financial situation has changed, your new payments may be significantly higher than before. Many homeowners in London, Ontario and across the province […]
The Ontario government recently passed Bill 60 — officially the Fighting Delays, Building Faster Act, 2025 — and it’s more than just bureaucratic housekeeping. This omnibus law touches dozens of issues: housing supply, development rules, landlord-tenant regulations, municipal services — and it could reshape what homeownership and renting look like in the province. As someone […]
If you’re renting in London or Middlesex and don’t currently own a home, you may qualify for the Homeownership Down Payment Assistance Program. It provides up to 5% of the purchase price, capped at $25,000, as an interest-free loan that can be forgiven after 20 years, as long as program requirements are met. This support […]
New Homeownership Assistance Program Launched Today If you’ve been renting in the London-Middlesex area and wondering how you’ll ever break into the market, this one’s for you. What is the Program? The Homeownership Assistance Program helps moderate-income renters purchase a home in the City of London or County of Middlesex. It offers an interest-free forgivable […]
Stop Guessing What Your House Is Worth Online estimates are fine for curiosity, not decisions. They don’t know if your roof’s new, your kitchen’s dated, or your neighbour’s place sold $40K under asking because it backed onto a hydro line.London’s market shifts week to week. If you want an accurate number, you need a realtor […]
London’s Market Reality Check London isn’t cheap anymore—but it’s still one of the most liveable cities in Ontario. The influx of Toronto and GTA buyers over the last five years reshaped prices and pace. The good news? You still get far more house for your dollar here than in the big city. The bad news? […]
Ontario’s rental market is in crisis. Rising rents, limited availability, and outdated systems have left both tenants and landlords frustrated and stuck. According to recent data, two-thirds of Ontarians believe the rental market is unaffordable, and many don’t feel confident they could find a suitable rental home even after searching for a year. The Ontario […]
(tailored for 2025 conditions like rising inventory, longer DOM, and interest rate fatigue) 1. Price to Attract, Not to Negotiate Buyers aren’t “offering less” — they’re skipping overpriced listings entirely. Start sharp, not hopeful. 2. Be the Best Option, Not Just Another Option Your home is competing with dozens — stand out with clean staging, […]
In Ontario, changing who owns a property—whether by adding a spouse, removing a former partner, or gifting a share to a child—is not as straightforward as it sounds. You can’t simply “add someone to title” or “take someone off.” From a legal and tax perspective, every change is considered a property transfer, and it often […]
What Ontario’s Bill 10 Could Mean for Landlords in 2025 If you own rental property in Ontario, there’s a new piece of legislation that should be on your radar—Bill 10, the Protect Ontario Through Safer Streets and Stronger Communities Act, 2025. While it hasn’t passed into law yet, it’s working its way through the Ontario […]