In September 2023, the City Council of Toronto approved imposing a “Luxury Land Transfer Tax,” starting January 1, 2024. In addition to other revenue methods, such as removing the cap on $5/hour street parking and requesting the provincial government to implement a municipal sales tax or receive a cut from the existing...

It’s finally here! Jonathan A. Hacohen is thrilled to announce the launch of his first book, "The Bible 3.0: The 6 Commandments of the Chosen Life." In his life's legacy work, Jonathan A. Hacohen has created a fundamental lifestyle guide that blends new and ancient practices to present is unique formula, the 6...

In the constantly evolving Ontario real estate market, buyers and sellers continue to come-up with creative ways to finalize their Agreements of Purchase and Sale. This blog aims to provide a “refresher” on the financial arrangement of a Vendor Take Back Mortgage (“VTB”). A VTB is a financing arrangement whe...

We were recently asked to do a seminar for a real estate brokerage to discuss the fact that parents often provide financial assistance to their adult children when they purchase a home. The question becomes whether it is possible to protect parents’ investments on their children’s property. The real question is whether...

Prior to entering into a residential lease in Ontario, landlords and tenants alike should apprise themselves of their rights and obligations under the Residential Tenancies Act (RTA). The laws and regulations regarding residential leasing can be complex and nuanced, therefore landlords and tenants may wish to consult a leg...