As another year comes to a close, there has been a great deal of attention on the local real estate market these past 12 months. This year was less eventful with regards to no new taxes implemented or significant changes to financing requirements.
Moving from a single-family or rental home into your newly purchased condo or townhome could be your first introduction to strata fees. Naturally, you may question any monthly fee that’s made in addition to your mortgage payments.
There’s been a lot of buzz about downsizing in the last few years – when to do it, how to do it, where to do it. Along the way, the term has picked up some negative connotations. It’s often viewed as a step down or a sacrifice. But it doesn’t have to be either.