Insuring an Older or Rural Home in Eastern Ontario: What Insurers Ask, and When to Find Out
Short answer: nothing in Ontario law forces you to insure a house you own outright, but a lender will not advance mortgage money without proof the property is covered on closing day. That makes insurability part of the deal rather than an afterthought. Older and rural homes in this corridor sometime
Ontario's New Home HST Rebate in 2026: Who Qualifies, How Much, and What Has to Happen Before Closing
If you sign an agreement to buy a newly built home in Ontario on or after April 1, 2026 and on or before March 31, 2027, and you are buying it as a place to live, you can get back up to $130,000 of the HST. That is up to $80,000 of the 8 per cent provincial part through the Ontario enhanced new hous
Deposit vs Down Payment in Ontario: What Each One Is, When It's Due, and Where It Goes
The short answer They are two different payments at two different times. The deposit is the smaller amount you deliver right after your offer is accepted, and it sits in a trust account until the deal closes or ends. The down payment is the larger amount you need on closing day, and it is simply the
Dan Jutai
Phone:+1(613) 818-6227