Ottawa's Vacant Unit Tax When You Buy or Sell a Home: Who Declares, and Who Ends Up Paying
In Ottawa, the Vacant Unit Tax declaration looks back at the previous calendar year, so who files it depends on when the sale closes. If the deal closes between January 1 and April 30, the seller files. If it closes between May 1 and December 31, the buyer files the following year and can claim the
Buying Waterfront in Eastern Ontario: When Your Lot Stops Short of the Water
On a lot of Ontario lakes and rivers, the original Crown survey left a strip of land along the shore as a road allowance. It is usually described as 66 feet, or about 20 metres, wide. Unless it has been formally closed and sold, it is still a public highway in law, it belongs to the municipality, an
Buying a Power of Sale Home in Ontario: What the Lender Can't Tell You
A power of sale home in Ontario is being sold by the lender, not the owner, after the owner fell behind on the mortgage. You can buy one, and plenty of them are perfectly good houses. But the lender usually knows little about the property and sells it as is, with few or no promises about its conditi
Dan Jutai
Phone:+1(613) 818-6227