Realestate with Akash
Let me help you in Buying, Selling, Leasing, and Investing in Residential and/or Commercial Real estate.
Did you know street names can actually tell you about the neighborhood layout? ππ‘
Hereβs a quick guide every home buyer should know:
π Road β Usually longer routes connecting areas or cities.
π Street β A regular road inside a city or neighborhood.
π Avenue β Often wider roads lined with homes or trees.
π Boulevard β Larger roads with a divider or landscaped middle.
π Court β Small dead-end streets, usually quieter and family-friendly.
π Crescent β Curved roads that often loop back around.
π Drive β Roads designed to follow natural landscapes.
π Lane β Narrower streets, often quieter and less busy.
π‘ Realtor Tip:
Street types can impact traffic, noise, privacy, and even property value β so donβt just look at the house, look at the street too!
Follow for more real estate tips that every buyer should know! π
Major update to new home rebates in Ontario.
In addition to the federal GST rebate, Ontario has announced a proposal to expand HST rebates β potentially allowing buyers to save up to $130,000 on new construction homes.
Hereβs whatβs being proposed:
β’ Homes under $1M β full 13% HST rebate (up to $130K)
β’ Homes up to $1.5M β maximum rebate maintained
β’ Homes up to $1.85M β reduced rebate available
This builds on the federal rebate and reflects a joint effort to lower the cost of new homes and increase housing supply.
The expanded rebate is expected to apply to qualifying purchases between April 1, 2026 and March 31, 2027, and may apply to both primary residences and certain rental properties.
If you're considering buying a new build, this could significantly reduce your upfront costs.
Send me a message if you want to explore homes that may qualify.
β
Disclaimer: This post is for informational purposes only and is based on current announcements and proposals. Program details, eligibility, timelines, and rebate amounts are subject to change and government approval. Buyers should confirm details with their lawyer, accountant, or the Canada Revenue Agency before making any decisions.
A new federal housing rebate is now law.
First-time home buyers purchasing new construction homes may be eligible for a GST rebate of up to $50,000.
Hereβs the quick breakdown:
β’ Homes under $1M β full GST rebate
β’ Homes $1Mβ$1.5M β partial rebate
β’ Homes over $1.5M β not eligible
To qualify, buyers must generally:
β’ Be a first-time home buyer
β’ Use the property as their primary residence
β’ Purchase a newly built home
This new measure could significantly reduce the upfront cost of buying a new home and help more buyers enter the market.
If you're considering a new build purchase, feel free to send me a message β Iβm happy to walk you through how the rebate may apply.
β
Disclaimer: This post is for informational purposes only and should not be considered financial, legal, or tax advice. Eligibility, rebate amounts, and program details are subject to government legislation and may change. Buyers should confirm details with their lawyer, accountant, or the Canada Revenue Agency before relying on this information.
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