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Snow Removal and Spring Home Maintenance for Toronto Homeowners

Spring is nearly here, and it’s a great time to give your home the care it needs to stay in top shape! Whether you own a house, condo, or rent an apartment, seasonal maintenance not only protects your investment but also ensures your home is safe and comfortable as the weather begins to warm up. 

Who’s Responsible for Snow Removal (in the Fall)?

Toronto saw heavy snowfall this winter, and it’s important to understand who is responsible for clearing snow and ice for next Fall. In Toronto, property owners and occupants must clear snow and ice from sidewalks adjacent to their properties within 12 hours after snowfall ends. For areas like steps, driveways, and parking spaces on private property, the snow and ice must be cleared within 24 hours of snowfall.

Condominium and apartment residents typically have snow removal for common areas managed by property management companies. However, individual condo owners should review their agreements, as responsibilities for private outdoor spaces like balconies or terraces may still fall on them.

Renters should consult their lease agreements to determine who is responsible for snow removal. If not specified, it's advisable to clarify this with the landlord to avoid any misunderstandings.

Additionally, during major snowstorms, the City of Toronto may implement a Major Snowstorm Condition, prohibiting parking on designated snow routes to facilitate effective plowing. Vehicles parked in these areas risk being ticketed and towed, so residents should stay informed of city updates during winter months.

Essential Spring Maintenance Tasks

After months of freezing temperatures, your home needs some attention to recover from winter’s impact.

One of the first things you should do is clean your gutters and downspouts. Winter storms often leave them clogged with leaves, twigs, and debris. Keeping them clean ensures proper drainage and prevents water damage to your foundation and roof. To reduce future buildup, consider installing gutter guards.

Spring also brings heavy rainfall, which is why testing your sump pump is crucial. Pour water into the pit to ensure it activates properly. If it fails to turn on, servicing it immediately can help prevent potential basement flooding.

The harsh winter may have also taken a toll on your roof and chimney. Inspect your roof for any missing or curling shingles, as these can lead to leaks. Chimneys should be checked for structural issues or blockages to ensure safe operation.

As the temperature rises, now is the perfect time to service your air conditioning system. Schedule an inspection to make sure it’s functioning efficiently before the summer heat arrives. Cleaning vents and changing filters will also improve airflow and indoor air quality.

Your home’s exterior can also suffer damage from fluctuating temperatures. Inspect siding, foundations, and windows for any cracks or gaps that need sealing. Addressing these early can prevent more costly repairs down the road.

Finally, don’t forget about your outdoor spaces. Spring is the perfect time to trim trees and shrubs, clean decks and patios, and inspect fences for needed repairs. A well-maintained outdoor space not only enhances curb appeal but also helps prevent damage to your home’s exterior!

Time to Spring Into Action!

Spring home maintenance is an essential part of homeownership, protecting your investment and ensuring a safe, comfortable living space. Whether you’re planning to sell your home or just want to keep it in top condition, these tasks will help you transition smoothly from winter to warmer days.

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Preparing Your Toronto Home for a Spring Sale: Tips for Sellers

While winter may still be in full swing, now is the best time to start preparing your Toronto home for a spring sale. The market heats up as soon as the weather warms, and getting your home ready early can ensure you're ahead of the competition. Here are some essential tips to get your property in top shape for a successful sale in 2025.

1. Declutter

First impressions matter, and when buyers step into your home, you want them to imagine their own lives there. A neutral, clean space allows potential buyers to envision themselves in your home. Consider renting a storage locker for excess items, making the space feel more open and inviting.

2. Enhance Curb Appeal

The exterior of your home sets the tone for the rest of the showing. After the winter, your yard may need a little TLC. Clear away any debris, trim overgrown plants, and refresh your lawn. Adding a few potted plants or flowers can brighten up the space and make your home more inviting. Don’t forget the front door—repainting it or replacing old hardware can provide an instant facelift.

3. Tackle Necessary Repairs

Buyers will be looking for a home that’s in good condition, so take the time to fix minor issues. Repair leaky faucets, patch up cracks in walls, and replace broken tiles. Repainting walls with fresh, neutral tones can also give your home a clean, modern look. These small repairs can prevent buyers from being deterred by overlooked issues.

4. Stage Your Home

Staging helps buyers see the full potential of each room, making your home feel more spacious and inviting. While hiring a professional stager is a great option, you can also do it yourself. Start by rearranging furniture to highlight the best features of each room. Add a few decorative touches like throw pillows, rugs, or artwork to create a welcoming atmosphere.

5. Clean Thoroughly

A spotless home can make a big difference in how buyers perceive your property. Make sure to deep clean every corner of your home, paying special attention to high-traffic areas like the kitchen and bathrooms. Clean windows, baseboards, and floors to ensure your home shines.

6. Price Your Home Right

Pricing is one of the most crucial aspects of selling your home. Too high, and you risk scaring off buyers; too low, and you might not get the value you deserve. Work with a knowledgeable real estate agent to assess your home’s value based on comparable sales, the condition of your property, and current market trends.

7. Effective Marketing

Once your home is ready, it’s time to attract buyers. High-quality photos and an engaging listing are key. Make sure your real estate agent markets your home across multiple platforms, including MLS, social media, and real estate websites, to reach as many potential buyers as possible.

Ready to Sell?

If you're curious about selling your home in Toronto this spring, I can help! With the right preparation and expert guidance, we can ensure your home stands out in the competitive market.

Are you currently looking to sell? Check out my latest ISO post—I have motivated clients looking to buy! Preparing your home now will ensure you’re ready to take advantage of the spring market, and I’m here to guide you every step of the way. Let’s connect today!

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Forecast and Predictions: Winter Market 2025

As we approach the winter months and the new year, many homeowners, buyers, and investors are turning their attention to the Toronto real estate market, wondering what the next few months will hold. The winter season in Toronto traditionally sees a slowdown in activity due to colder weather, the holidays, and a natural pause in the buying and selling cycle. However, this year, various factors are poised to impact the market in unique ways.

1. Interest Rates and Borrowing Costs


The Bank of Canada’s monetary policy continues to be a major influence on the real estate market. Many experts predict rates will continue to decline with the first announcement scheduled for the end of January. The expected drop in interest rates will reduce borrowing costs for homebuyers, making mortgages more affordable and increasing purchasing power.


The environment is also becoming more favourable for first-time homebuyers and insured mortgages. Recent legislation and lower rates will make it easier for new entrants to step into the market. As borrowing becomes less expensive, more buyers will have the opportunity to increase their budget to purchase homes.


2. Inventory and Market Activity


A balanced supply of homes is providing buyers with more options, reducing some of the intense competition seen in prior markets. However, while inventory levels have improved, well-priced homes in desirable neighbourhoods are still attracting attention and selling quickly.


This shift provides opportunities for buyers and sellers alike. Buyers may find a more manageable market with fewer bidding wars and increased negotiating power. Sellers, on the other hand, can still benefit by pricing strategically and working with an experienced agent to highlight their home’s value.


3. The Condo Market: Challenges Persist


While condos were once seen as a more affordable option, the Toronto condo market is currently facing challenges. High supply, reduced demand, and ongoing market concerns have created a sluggish environment for condo sales. Buyers are not returning to the condo market in large numbers, and many investors remain wary due to stagnant or declining property values in this segment.


Detached homes, townhouses, and semi-detached properties continue to be in higher demand, particularly among families and buyers looking for more space. With borrowing costs set to decrease, demand for these property types is expected to remain strong heading into 2025.


Final Thoughts


Toronto’s winter real estate market in 2025 is set to be influenced by declining interest rates, more favourable borrowing conditions, and an improved balance of inventory. First-time homebuyers are likely to benefit the most, as lower rates and supportive legislation make entering the market more achievable.


Demand for detached and semi-detached homes will continue to drive activity. Buyers will find themselves in a less frenzied environment compared to past years, while sellers can still capitalize on well-prepared and well-priced listings.


As always, staying informed and working with a knowledgeable real estate agent will be essential to navigating this evolving market. Whether you’re looking to buy, sell, or invest in Toronto real estate this winter, now is the time to plan and position yourself for success!

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Key Terms to Know and Understand When Leasing a Home

Leasing a home is a significant commitment and can be an excellent alternative to buying property. It offers the flexibility of long-term living without the permanence of homeownership. However, before signing a lease agreement, it's essential to understand the key terms that will govern your living situation. Here’s a breakdown of the most important terms to know when leasing a home.

The Lease Agreement


The lease is the legal document that outlines the agreement between the tenant and the landlord. Unlike a rental agreement, a lease typically covers a fixed term, often one year. It defines the rights and responsibilities of both parties, including the rent amount, lease duration, and specific rules about property use. Since the lease is legally binding, it’s crucial to read the entire document carefully before signing.


Rent: The Monthly Payment


Rent is the monthly amount you pay to the landlord for the use of the property. It’s important to know the rent amount, the due date, and the accepted payment methods (e.g., cheque, e-transfer). Some leases include rent increases after a certain period, so it’s essential to understand if and when your rent might rise. Additionally, make sure you are clear on any penalties for late payments to avoid extra charges.


Rental Deposit: What You Need to Know


The rental deposit is a sum of money, typically equivalent to one month’s rent, that you pay upfront. The landlord holds this deposit as protection in case of unpaid rent and uses these funds for the last remaining month of the lease.


Lease Term: Understanding Duration


The lease term specifies the length of time the lease is valid. Most leases are for a fixed term, usually one year, though some may be month-to-month. A fixed-term lease offers stability, locking both the tenant and landlord into the agreement for the set period. A month-to-month lease, however, provides more flexibility, allowing either party to terminate the lease with shorter notice (either 60 or 90 days, depending on if you are the tenant or the landlord). Be sure to clarify whether your lease automatically renews after the term expires or if you need to sign a new agreement.


Maintenance Responsibilities: Who Does What?


Maintenance responsibilities refer to who is responsible for keeping the property in good condition. Typically, the landlord is responsible for major repairs, such as plumbing or structural issues, while the tenant handles routine maintenance like lawn care or light bulb replacements. Some leases specify additional responsibilities, such as snow removal or pest control. It’s important to clarify these duties to avoid disputes over who should handle repairs or maintenance during the lease.


Termination Clause: Know Your Rights


The termination clause outlines how either party can end the lease early. This clause will specify the required notice period—usually 60 or 90 days—and any penalties for breaking the lease. It’s important to understand the termination process, whether due to a job transfer, personal reasons, or other circumstances, to avoid unexpected costs or legal issues.


Conclusion


Leasing a home is a big commitment, and understanding key terms like rent, deposit, lease term, and maintenance responsibilities is crucial for a smooth experience. Before signing a lease, take the time to carefully review the terms and ensure you’re clear on your rights and obligations. If you have any questions or need help navigating the leasing process, feel free to reach out. As a real estate agent, I’m here to guide you through every step of the way!

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The real estate market in Toronto is ever-changing and growing, and the allure of fixer-upper properties is undeniable. These homes, in need of renovation or repair, offer buyers the opportunity to customize and add value to their investment without buying brand new.

Cost Savings and Customization Potential


One of the most appealing aspects is the potential for significant cost savings. Fixer-upper properties are typically priced lower than comparable move-in ready homes, allowing buyers to stretch their budget further or invest in renovations that will increase the property's value. Purchasing a fixer-upper gives buyers the opportunity to tailor the home to their specific tastes and needs. From updating the kitchen and bathrooms to adding modern amenities, the possibilities for customization are endless.


Strategic Investment in a Competitive Market


Buying a fixer-upper can be a strategic investment in Toronto's competitive real estate market. With housing prices on the rise and inventory levels fluctuating, finding a move-in ready home within budget can be challenging. By considering fixer-upper properties, buyers can expand their options and potentially secure a property in a desirable location that may have otherwise been out of reach.


Potential Downsides of Purchasing a Fixer-Upper


It is still crucial to consider the potential downsides of purchasing a fixer-upper. Renovations can be time-consuming and costly, requiring careful planning and budgeting. From hiring contractors to obtaining permits and overseeing the construction process, renovating a fixer-upper can be a daunting task for inexperienced buyers. Additionally, unexpected issues may arise during the renovation process, further adding to the time and expense involved.


Weighing the Decision


Ultimately, the decision to buy a fixer-upper depends on inpidual circumstances and preferences. While it may not be the right choice for everyone, for those willing to invest the time and resources, it can be a rewarding endeavor that yields both personal satisfaction and financial gain.

Final Thoughts


Buying a fixer-upper in Toronto can be a viable option for buyers looking to maximize their investment potential and create a home that reflects their unique style. So, should you buy a fixer-upper? With the right approach and expert advice, the answer just might be yes.


Want to chat about this further? Connect with me at 647-669-0900 or email lorry@lorrygreenspan.ca

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The Value of Choosing New and Emerging Neighborhoods

The Appeal of Emerging Neighborhoods


These areas, often on the outskirts of the city or undergoing revitalization, offer a blank canvas for urban pioneers seeking to carve out their own slice of Toronto living. With a mix of modern amenities, green spaces, and cultural attractions, these neighborhoods appeal to a diverse range of homebuyers, from young professionals to growing families.


Potential for Appreciation in Property Values


One of the primary advantages of choosing a new and emerging neighborhood is the potential for appreciation in property values. According to recent data from the Toronto Regional Real Estate Board (TRREB), emerging neighborhoods have seen significant growth in housing prices over the past few years. In fact, some areas have experienced double-digit increases in property values, outpacing the citywide average. This upward trend underscores the appeal and investment potential of these burgeoning communities.


Affordable Housing Options


New and emerging neighborhoods often offer more affordable housing options compared to established areas in the city center. With lower entry prices and a range of housing types, including condominiums, townhouses, and single-family homes, these neighborhoods provide opportunities for first-time buyers and investors alike to enter the market and build equity over time.


Community Involvement and Engagement


Another key benefit of choosing a new and emerging neighborhood is the opportunity for community involvement and engagement. As these areas continue to develop and grow, residents have the chance to shape the neighborhood's identity and contribute to its evolution. From participating in local events and initiatives to supporting small businesses and community organizations, homeowners in new and emerging neighborhoods can foster a sense of belonging and pride in their community.


Choosing a new and emerging neighborhood in Toronto offers homebuyers a wealth of opportunities and advantages. From the potential for appreciation in property values to the chance to contribute to community growth and development, these neighborhoods hold immense promise for those seeking to make their mark in the city.


Want to chat about this further? Connect with me at 647-669-0900 or email lorry@lorrygreenspan.ca

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Summer Cleaning and Home Maintenance

Exterior Facelift

Start by giving your home’s exterior a facelift. Power wash the siding, clean the windows, and sweep away debris from pathways and driveways. Don’t forget about your garden – trim overgrown shrubs, plant flowers, and freshen up mulch beds to enhance curb appeal.


You can also refresh your outdoor living areas for full warm weather enjoyment! Clean and inspect patio furniture, repair any damaged structures, and refresh outdoor cushions and pillows. Create a cozy ambiance with string lights, lanterns, or potted plants to make the most of long summer evenings.


Roof and Gutter Maintenance

Winter and spring weather can take a toll on your roof and gutters, so inspect them for any signs of damage, such as loose shingles or clogged gutters. Addressing these issues early can prevent costly repairs down the line and ensure proper drainage during spring showers.


Pest Control

As the temperatures rise, pests such as ants, mosquitoes, and rodents become more active. Take measures by sealing entry points, trimming vegetation away from your home, and scheduling professional pest control treatments if necessary.


HVAC System Check

Summer heat has set in, so schedule a professional inspection of your HVAC system. Replace air filters, clean vents, and ensure that both your air conditioning and heating systems are in good working order. Proper maintenance can improve energy efficiency and indoor air quality.


Deep Cleaning the Interior

Next, dedicate a weekend to deep cleaning your home’s interior! Dust ceiling fans and light fixtures, vacuum upholstery and carpets, and mop hard floors. Pay special attention to often overlooked areas, such as baseboards, behind appliances, and inside cabinets and closets.


Cleaning isn’t just about tidying up – it’s also an opportunity to declutter and streamline your living space. Take inventory of your belongings and donate or discard items that you no longer need. Invest in storage solutions, such as bins and shelves, to keep your home organized throughout the year.


Water Damage and Leak Inspection

Make sure to also check for any leaks or water damage in your kitchen, bathrooms, and laundry room. Replace worn-out caulk and grout, and tighten loose fixtures to prevent water waste and potential mold growth. Consider installing low-flow faucets and showerheads to conserve water and reduce utility bills.


Safety Checks

Don’t overlook safety when cleaning and maintaining your home. Test smoke detectors and carbon monoxide alarms, replace batteries if needed, and create a fire escape plan for your family. Also, inspect doors and windows for proper seals to enhance security and energy efficiency.


Professional Help

If you’re short on time or lack the expertise to tackle certain tasks, consider hiring professionals to assist with your summer cleaning and home maintenance needs. From landscaping and window washing to HVAC servicing and interior cleaning, outsourcing certain tasks can save you time and ensure high-quality results.


With these tips in mind, homeowners can rejuvenate their living spaces and enjoy a fresh start even mid-season. Whether you’re preparing to sell or simply want to create a comfortable and inviting atmosphere for your family, investing time and effort into home upkeep will pay off in the long run!

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Downsizing Made Easy

Are you considering downsizing your home? Whether you're an empty-nester looking to simplify your lifestyle or a retiree seeking to reduce expenses, downsizing can be a significant but rewarding transition.

Start Early and Plan Ahead


Downsizing is not something you want to rush into. Start planning well in advance to avoid unnecessary stress. Begin by assessing your current living situation and determining what you can comfortably live without.


Create a timeline for the downsizing process, including decluttering, selling your current home, and finding a new, smaller property. Generally speaking, the average size of a newly built single-detached house in Toronto has been shrinking over the years, reflecting a growing trend towards smaller, more efficient living spaces.


By planning ahead, you can take advantage of this trend and find a home that meets your needs and budget.


Declutter


One of the biggest challenges of downsizing is dealing with years of accumulated belongings. Take the time to declutter your home thoroughly, getting rid of items you no longer need or use. Be ruthless in your decision-making process and consider donating, selling, or giving away items that are still in good condition but no longer serve a purpose in your life.


Did you know that clutter can significantly impact the sale price of your home? According to a survey conducted by the National Association of Realtors, decluttering can help increase the value of your home by up to 10%. By decluttering before putting your home on the market, you can attract more potential buyers and command a higher selling price.Maximize Space


When downsizing to a smaller home, every square foot counts. Look for creative ways to maximize space and make the most of your new living environment. Invest in multi-functional furniture pieces that serve dual purposes, such as a sofa bed or a dining table with built-in storage.


With efficiency in home design being on trend in Toronto, many buyers are prioritizing functionality and convenience over sheer size. By optimizing the space in your new home, you can create a comfortable and functional living environment that meets your needs without sacrificing style or comfort.


Seek Professional Assistance


Navigating the real estate market can be daunting, especially when downsizing to a smaller home. That's where I come in!


As a seasoned real estate agent with extensive experience in the Toronto market, I can provide expert guidance and support throughout the downsizing process. From helping you find the perfect new home to negotiating the best possible deal, I'll be with you every step of the way.


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Toronto Real Estate Market Trends: How to Spot Opportunities as a Buyer

In the bustling metropolis of Toronto, the real estate market is as dynamic as the city itself. As a prospective buyer, it's essential to stay abreast of the latest trends and developments to seize opportunities effectively. With the guidance of a seasoned real estate agent, navigating the Toronto real estate market can be both exciting and rewarding. Let's delve into some key insights and strategies to spot opportunities in this ever-evolving landscape.

 
 

First and foremost, understanding the current market trends is crucial. In recent years, Toronto has witnessed a significant shift in housing preferences, with a growing demand for condominiums and townhouses, particularly in central neighborhoods. Factors such as urbanization, lifestyle changes, and affordability considerations have contributed to this trend. As a buyer, being open to exploring various housing options can broaden your scope of opportunities.


Moreover, keeping an eye on macroeconomic indicators can provide valuable insights into market dynamics. Factors such as interest rates, employment rates, and immigration patterns can influence housing demand and pricing trends. For instance, historically low-interest rates may stimulate buying activity, while robust job growth can fuel demand for housing. By staying informed about these macroeconomic factors, buyers can anticipate market movements and act accordingly.


In addition to macroeconomic trends, local market dynamics play a crucial role in identifying opportunities. Toronto is a city of diverse neighborhoods, each with its unique charm and character. By researching individual neighborhoods and understanding their respective housing markets, buyers can pinpoint areas with strong growth potential or undervalued properties.


Furthermore, leveraging technology and data analytics can enhance your ability to spot opportunities in the Toronto real estate market. With the proliferation of online listing platforms and real estate data providers, buyers have access to a wealth of information at their fingertips. Analyzing market trends, historical pricing data, and property listings can help buyers identify emerging trends and make informed decisions. By harnessing the power of data-driven insights, buyers can uncover hidden gems and capitalize on favorable market conditions.


Timing is another critical factor in spotting opportunities as a buyer in the Toronto real estate market. While it's impossible to predict market fluctuations with certainty, being proactive and agile can maximize your chances of success. Keeping a watchful eye on new listings, attending open houses, and engaging with real estate professionals can help you stay ahead of the curve. By acting swiftly when the right opportunity arises, buyers can secure their dream home at a competitive price.


Finally, partnering with a trusted and experienced real estate agent like myself can make all the difference in navigating the Toronto real estate market. With my in-depth knowledge of the local market, personalized approach, and commitment to client satisfaction, I strive to empower buyers to make informed decisions and achieve their real estate goals. I can provide valuable insights and guidance in identifying promising opportunities tailored to your preferences and budget.


The Toronto real estate market offers a myriad of opportunities for savvy buyers willing to stay informed, adaptable, and proactive. By understanding market trends, leveraging data-driven insights, and partnering with a trusted advisor, buyers can navigate the dynamic landscape with confidence and seize opportunities that align with their goals.

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As the real estate landscape in Toronto continues to evolve, homeowners are faced with new regulations designed to address the city's housing challenges. One such initiative is the Toronto Vacant Home Tax, a policy aimed at encouraging property owners to put their vacant homes to good use. If you're a homeowner in Toronto, it's crucial to understand the implications of this tax and take action before the looming deadline of February 29, 2024.

Understanding the Toronto Vacant Home Tax


The Toronto Vacant Home Tax was introduced to address the issue of properties sitting vacant while the city grapples with a shortage of affordable housing. The tax serves as a financial incentive for homeowners to either occupy their property, rent it out, or sell it, contributing to a healthier, more active real estate market.


The tax applies to residential properties that are deemed vacant for more than six months in a calendar year. To determine a property's status, the City of Toronto will use a combination of self-reporting by homeowners and a comprehensive set of criteria, including utility usage, property inspection, and other indicators.


Penalties for Non-Compliance


Homeowners who fail to comply with the Toronto Vacant Home Tax regulations may face significant financial consequences. The tax is set at 1% of the property's assessed value, and if your property is deemed vacant, you will be required to pay this amount in addition to your regular property taxes.


It's important to note that the City of Toronto has implemented strict penalties for providing false information or attempting to evade the vacant home tax. Homeowners found guilty of non-compliance may face fines, legal action, and, in extreme cases, the City may take possession of the property.


Steps to Ensure Compliance


To avoid the financial implications of the Toronto Vacant Home Tax, it's essential for homeowners to take proactive steps before the February 29, 2024, deadline. Here are some key actions you can take:


  • Self-Assessment: Review your property's occupancy status for the past year. If your property has been vacant for more than six months, consider your options for bringing it into compliance with the tax regulations.
  • Renting or Selling: If you're not planning to occupy the property yourself, explore the possibility of renting it out or putting it on the market. Both options contribute to a more dynamic housing market and help alleviate the city's housing shortage.
  • Consult with Professionals: Engage with a real estate agent or tax professional who can provide guidance on the best course of action for your specific situation. They can help you navigate the intricacies of the Toronto Vacant Home Tax and ensure compliance.


As the February 29, 2024 deadline approaches, Toronto homeowners must prioritize compliance with the Vacant Home Tax regulations. By taking proactive steps to assess their property's status and exploring viable alternatives, homeowners can not only avoid financial penalties but also contribute to the overall health and vitality of the city's real estate market. Don't wait until the last minute – act now to secure your property's compliance and financial well-being.


Questions? Don’t hesitate to reach me directly at 647-669-0900 or at lorry@lorrygreenspan.ca.

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This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.