Nobody likes to be given a quote for the cost of something only to find out later that the actual price is quite a bit higher than originally thought. This scenario is common in various situations, from auto repairs to maintenance contracts, and it’s usually no different when it comes to the cost of a […]
As the cost of living continues to skyrocket in Toronto, homeowners are increasingly seeking innovative ways to maximize their property’s potential and generate additional income. One compelling solution is converting a single-family home into a multi-family property. This approach not only provides financial benefits but also addresses the pressing housing shortage in the city. By […]
Are you considering a home addition but worried about losing precious yard space? In Toronto, where real estate is at a premium and lot sizes are small, homeowners are always on the lookout for innovative ways to expand their living spaces. One of the most effective solutions is building an addition above your garage. Whether […]
Are you a Toronto homeowner looking to expand your living space? Bungalow additions in Toronto have become increasingly popular, offering a practical solution for growing families and those seeking to enhance their homes. Adding a second story to your bungalow can significantly increase your living area, improve your property value, and provide modern amenities. The […]
Many families simply outgrow their homes and find the need for additional living space. However, most people don’t want to leave their beloved dwellings and are faced with a bit of a conundrum – do I move to a larger home or add an addition to my existing home? If you’d like a bigger home […]
The average house price in Toronto recently reached the million-dollar mark in 2021. If you’re looking to increase your property value even more, you may want to consider adding a laneway home. The benefits of laneway houses are numerous; they typically face onto an alley and can provide an ideal way to earn additional income […]
Have you ever wondered how hiring a single team for your home construction project can save you time and money? Understanding its benefits becomes crucial as more homeowners in Toronto shift towards the design-build approach. The difference between design-build and the traditional design-bid-build method lies in project management. In design-build, one entity manages both design […]
Toronto’s housing landscape is evolving, with the growing popularity of Accessory Dwelling Units (ADUs). These units, often known as secondary suites or granny flats, provide homeowners a unique opportunity to maximize their property’s potential. Whether aiming to accommodate family members, generate rental income, or enhance property value, ADUs offer a versatile and efficient solution. In […]
The housing market here in Toronto continues to present challenges with high costs and limited availability, homeowners are increasingly looking towards home additions as a strategic solution. The price of residential properties in Toronto has surged significantly over the years, pushing many to maximize their current homes rather than purchasing new ones. Additionally, the scarcity […]
As more families in Toronto choose to bring multiple generations under one roof, understanding the financial and logistical aspects of this decision becomes crucial. One significant support system for these families is the Multigenerational Home Renovation Tax Credit (MHRTC), introduced by the federal government in the 2022 budget. This tax credit offers a helping hand […]
