Only 3 Garbage Bags Allowed in Ottawa

Ottawa residents will be limited to three containers of garbage every two weeks starting this fall, as the city looks to reduce the amount of waste heading to the Trail Road Landfill.

A report for the environment and climate change committee says the ...

Ottawa's Development Charges On The Rise

The City of Ottawa is hiking the fees on new home construction by 11 per cent, a month after the federal government introduced new funding tied to municipalities freezing development charges.

Council approved a plan to increase development charges by $4,700 to ...

Here are the new regulations for buying a house.

According to Trust in Real Estate Services Act (TRESA) run by RECO.

1. Must sign a new RECO Information Guide, a 13 page document which outlines your rights and obligations.

2. Representation Either a Client or a Self-Represented Party SRP.

Read ...

New Regulations when Selling a Home (TRESA)

There are 3 key changes as part of Trust in Real Estate Services Act (TRESA) regulated by RECO.

1. Disclose content of offers.

• All content or just some IE. Price, deposit, conditions.
• No personal info about the buyers ie. 1st refusal address.
• This ...

Vacant Unit Tax (VUT) 2023 Declaration for the City of Ottawa.

You can begin filing your declaration after Thursday December 14th, 2023 and you have until until March 31st, 2024.

Late declaration results in $250 fine. No declaration results in an additional property tax of 1% of the assessed value ...

Is this a New Tax or an Unfair Tax Grab by the City?

The City of Ottawa has started sending out letters to homeowners concerning the new "Vacant Unit Tax". If your home is vacant for a good part of the year, you have to pay the City of Ottawa ...

Provincial Intensification Legislation Bill 23, known as the "More Homes Built Faster Act"

I’m in favour of intensification but it needs a rifle approach not a shotgun approach which is being legislated in Ontario.

• Since the Liberals came into power in 2015 immigration increased to over 400,000 with ...

What will Landlords in Ottawa think about this new tax?

If you own any multifamily buildings in Ottawa, or if you are looking to buy any type of investment property, you should be aware of this new tax that is coming in 2023.

The City of Ottawa Vacant Unit Tax ...

Mortgage Market Update and News about the Qualifying Stress Test rate increase

Eric Fabien from OttawaMortgaeShop.com gives us an update regarding the new stress test for qualifying for a mortgage, as well as giving us the current rates for a variable and fixed rate mortgage.

• Variable Rate Mortgage Today ...

Income Properties with Permits issued after April 2017 will see huge reduction in Taxes for 35 years.

A new bill has just been passed by the Ontario Government concerning properties with 2 or more units in them, where the permit was issued after April 2017.

These building owners are about ...