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Have you ever heard of the term revocation of offer?  If not, let’s take a deeper dive into what it is and what you need to know.  A revocation of offer is the withdrawal of an offer that was previously made to engage in a legally binding contract. It is usually used when the offering…

Property management is a complex business whether you manage one or a portfolio of commercial real estate properties consisting of multifamily apartment units, offices, retail or warehouse space. Typical Property Management Duties The typical responsibilities of a property manager (PM) include: Pricing rent Facilitating and conducting timely maintenance and repairs Preparing and marketing vacant spaces…

When you’re in the process of selling in Canada, it can be confusing to navigate an offer on your house and figure out whether any are worth accepting. Assessing offers on a house involves carefully considering various components to ensure the best outcome for the seller. Whether you are in the vibrant cities of Toronto…

The Atlantic Canada real estate market continues to be a success story after decades of a population exodus, anemic economic growth, and a lacklustre housing industry. Today, however, even as the Bank of Canada (BoC) raises interest rates, the Maritimes is enjoying robust growth compared to the rest of the country. And, perhaps to the…

Is Canada experiencing the Baby Boom all over again? Yes and no. According to new data from Statistics Canada, the Canadian population increased by more than one million people, growing at a 2.9 percent clip, the highest since the 1950s. This eclipsed every other G7 nation by wide margins. Canada’s population stands at a little…

First impressions are everything, especially when it comes to selling your home. Make your interiors and exterior spaces as appealing as possible because potential buyers want to envision themselves living in your home. If you’re considering putting your home up for sale, now is the ideal moment to develop a checklist to ensure you stay…

Commercial real estate markets are highly competitive. When you’re an investor and finally find a promising building, it can be tempting to skip steps to secure an asset that looks like it could be a big moneymaker. But appearances can be deceiving. The building could be structurally sound but located on top of an old…

If you’re thinking about buying a home, you’ve probably asked yourself, “How much can I afford?” But that’s just the tip of the iceberg. The real question of affordability isn’t just about the listing price; it’s a mix of your financial picture, from down payments and mortgage rates to property taxes and insurance. You’d also…

Are condominiums profitable for Canadian real estate investors? Absolutely. But not all markets are created equal. Here are 6 of the most profitable Canadian cities for condo investors, and why you should take a closer look if you’re in the market to invest. The data show that investors own a significant portion of Ontario’s new…

Leasing commercial real estate is a big step in the life of any business. It indicates that whatever you’ve been doing until now has been successful, and you’re ready to realize your company’s full potential. Where you decide to locate your business is important, but negotiating a lease with costs and terms that won’t impede…