The federal tax and ownership rules that decide what a Canadian property actually costs to buy, hold and sell, quoted from the statutes and the Canada Revenue Agency with section numbers and dates.
What a lakefront house costs to buy and hold: Toronto’s 2026 land transfer tiers vs the rest of the shore, MPAC’s 2016 values, the Vacant Home Tax and NRST.
The mortgage doesn’t disappear. How joint ownership, estates, life insurance and the executor’s role decide who keeps paying, and when the home gets sold.
What changes when you buy a second property in Ontario, from financing to tax.
Moving out and renting your home triggers a deemed sale for tax. What the 45(2) election does, how the principal residence exemption works, and what to record now.
Homeowners 55+ can borrow against their home with no monthly payments. What a reverse mortgage costs, how the balance grows, and when downsizing is better.
One is never repaid, the other is a 15-year loan to yourself. How first-time buyers in Toronto combine the FHSA and the RRSP Home Buyers’ Plan in 2026.
First-time buyers can take up to $60,000 from an RRSP. The five-year grace period has ended, so 2026 withdrawals start repayment in 2028. Here is how it works.
$8,000 a year, $40,000 lifetime, tax-deductible going in and tax-free coming out. How the FHSA works in 2026 and how to use it for a Toronto down payment.
A clear framework for deciding whether to sell your condo or keep it as a rental in Toronto.
Most resale homes in Ontario are HST-exempt. The exceptions — renovations, new builds, flips, business use — and the HST you do pay on fees.
