Deposits in Ontario: How Much, Who Holds It, and What Happens If You Walk
There is no statutory deposit amount in Ontario. Here is what is normal at the top end, where the money actually sits, and what the courts do with it if a deal fails.
There is no statutory deposit amount in Ontario. Here is what is normal at the top end, where the money actually sits, and what the courts do with it if a deal fails.
Almost everything in a house can be changed. Ceiling height and natural light largely cannot. That is precisely why buyers at the top of the market pay so much for them.
Since 7 May 2022, GST/HST applies to the entire assignment price on new housing — including the deposit you get back. Add the 365-day flipping rule and an assignment can be far more expensive than it looks.
Two identical houses on different lots can differ by millions. Frontage, usable depth, shape and what the bylaws allow you to do with the land are the quiet variables that decide top-end value.
The biggest sales in Toronto are not random. Look at the 2025 and 2026 record list and four patterns appear — land, ravine, address and irreplaceability. Here is the list and what it teaches.
People assume the Toronto luxury market is enormous. In the first four months of 2026 there were 300 sales above $3 million in the entire GTA and 62 above $5 million. Here is what those numbers mean when you are pricing a house.
No agent can prove they are the best in Brampton, and one who claims it is telling you about their marketing. Five tests that actually separate them.
No agent can prove they are the best in Mississauga, and one who claims it is telling you about their marketing. Five tests that actually separate them.