If the home you are selling was your family's principal residence for every year you owned it, the principal residence exemption generally means no tax on the gain. You still have to report the sale and designate the property on your tax return for the year you sell. The exemption stops covering the

A heritage status on an Ontario home does not stop you from buying it, living in it or keeping it up. What it controls is change, and how much depends on which kind of heritage status the property has. If the house is individually designated, changes that are likely to affect the heritage attributes

Ottawa homeowners selling in 2026 can tap a price gap of roughly $97,000 between city benchmarks and communities to the southeast, enough in many cases to significantly reduce or eliminate a mortgage on the next property. The MLS HPI composite benchmark for Ottawa sat at $637,700 in August 2026, com