Hey Burlington,   Thank you for tuning into Live Life Burlington.  I am Natalie with the Nat and Nate Real Estate Team, here to give you the market update for June.  June has been a very hectic month, both in real estate and with the city moving into stage 2.  We are happy and excited that businesses are opening their doors and people are able to begin getting back out there and finding their routines again.  I just wanted to mention that during these times,... [read more]

Burlington was made into a town in 1915 and is known for its port and fertile farmland. It began to take on a lot of growth in the 1990’s where it developed into a family centered community. It has been ranked by Maclean’s Magazine as Canada’s Best Community and Best Place to raise a Family for 2019.  After reading the article, it is no surprise that Burlington is a top choice for families. With an easy commute into the city and direct access to Hamilton, Burlington has... [read more]

Hey Burlington, thank you for tuning into Live Life Burlington. I'm Natalie with the Nat and Nate Real Estate Team here to talk about the real estate market for the month of May. When talking to our clients this past month, we've noticed an overall positive shift. They're more optimistic and excited about reaching their real estate goals that they set out at the beginning of the year, but put on hold for the months of March and April. We're here to help you guys reach your real... [read more]

The HST New Housing Rebate program allows you to claim a rebate on part of the HST you pay on the purchase price of either a newly constructed home or cost of building the home. You can claim a rebate on a newly renovated home, a purchase of a new mobile home, or when your home is destroyed in a fire and is subsequently rebuilt. The purchase price of resale homes are exempted from the HST whereas the purchase price of newly constructed homes are subject to HST. New home buyers... [read more]

First-time buyers of new and re-sale homes are eligible for rebates on provincial and Toronto land transfer taxes. The maximum that first-time home buyers can receive for provincial land transfer tax (LTT) is $2,000 and for the Toronto LTT its $3,725. The provincial LTT is payable anywhere in Ontario, including Toronto. As mentioned before, the maximum that a first-time buyer can receive for the provincial LTT is $2,000. For re-sale homes, the provincial rebate only applies to... [read more]

Buying a house for the first time is a big and important decision in your life. As someone who represents you and looks out for your best interest, We would like to introduce you to the First-Time Home Buyers’ Tax Credit. First-Time Home Buyer’s Credit (FTHBC) is a government program geared towards buyers like you. The objective is to reduce costs associated with purchasing a home. As a first time buyer, you are eligible for a 15% income tax credit on a maximum of $5,000 of home... [read more]

The Home Buyer’s Plan (HBP) is a government program that allows home buyers to withdraw up to $25,000 from their Registered Retirement Saving’s Plan (RRSP) to put towards buying or building a new home.   Before you can withdraw funds, you have to be entered into a written agreement that specifies whether you will be buying or building your new home.  You also must occupy this space no later than a year after buying or building this new home.   To take... [read more]

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With a New Year already on its way, we wanted our first blog post to be a piece that will encourage us to make this year better than the last.  Every year my husband and I discuss our long term and short term goals.  We create a “plan” and try to follow it as best as possible. Our “plan” diverts often with many revisions, but at the end of the day, we are still on the right path to our goals.  We do this as a way to keep us motivated, as life tends to... [read more]

  The Nat and Nate Real Estate Team has always been active in trying to minimize our economic footprint and looking for ways to help protect our environment.  We were ecstatic to read about the city of Vaughan's innovative Sustainability Community Development Plan in trying to create a minimal long term effect on our environment.  We wanted to share their plan with you today to support their efforts.  We hope that you take the time to reflect and think of ways... [read more]

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