When a Canadian apartment building changes hands, the new owner doesn’t just inherit the doors and elevators. They inherit every lease, every tenant relationship, and every obligation under provincial law. In Ontario alone, recent Bill 60 and Bill 97 changes—effective July 1 and September 21, 2026—are reshaping what landlords can do and what tenants can expect. Meanwhile, institutional investors are

Transportation eats up a bigger slice of most Canadian household budgets than housing does — roughly 17.2% of shelter-related spending goes to vehicles, fuel, and insurance, while mortgages and rent account for about 16.5%. That single percentage point flips the usual assumption that your home is the biggest cost you carry. For anyone buying a home farther from work to

Toronto’s average residential sale price sits near $1.075 million, pushing first-time buyers toward homes under $750,000 and forcing many to look further from the city centre. Every kilometre of distance saves money at purchase but adds time on the road — and those commuting costs can quietly rival the mortgage payment itself. What looks like a good deal on paper

More than 42,000 Canadians packed up and moved to Alberta in just the first three months of 2026. That single quarter broke the record for interprovincial migration to any province in Canadian history. For anyone trying to buy a home in Ontario or British Columbia right now, the reason isn’t hard to find. The average detached house in Calgary or

Buying a home in Canada has become so expensive that 41% of first-time buyers relied on gifted funds for their down payment in 2025, according to the CMHC mortgage consumer survey. That number was 27% in 2023 and just 18% in 2018. For landlords, this trend changes everything — it means more tenants are renting by necessity, not by choice,

In March 2026, legal aid clinics across Ontario saw a surge in people who had put $60,000 to $100,000 into rent-to-own contracts they couldn’t close. The properties had gained value, but not enough to cover the gap between the locked-in strike price and what the bank would actually lend. That single mismatch is quietly reshaping how rent-to-own deals work across

In 2024, 38% of Canadian homebuyers entered a bidding war, up from 24% in 2019 according to CMHC data. That jump means nearly two in five buyers are now competing directly for the same property, and the financial consequences go far beyond the final sale price. Disclosure: Some links on this page are affiliate links. If you make a purchase

Canada needs to build roughly 3.5 million additional homes by 2030 just to bring affordability back to where it was in 2004, according to the Canada Mortgage and Housing Corporation. That’s a staggering number. While most of the conversation focuses on high-rise towers and sprawling subdivisions, a quieter solution is taking shape in backyards across the country. The Greater Toronto

Toronto’s average home price hit $1,034,000 in the fourth quarter of 2025, according to Royal LePage data. For a single buyer, that means a down payment north of $200,000 and a monthly mortgage that eats up most of a take-home salary. Co-ownership — buying a home with people other than a spouse — is how more Canadians are answering that