Stack of coins on a dark wooden table
Ask David

Saving downpayment, Commercial property shopping, Downsizing

Dear David,  We are saving for the downpayment on our first home. We have 5% saved so far. Should we put off buying until we have a 10% down, to reduce our CMHC fees? – EVERY PENNY COUNTS DEAR EVERY PENNY: Once you have your 5% downpayment saved, I advise you to get into the market

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Boxes on a shelf
Ask David

Land Transfer Tax, Downsizing, Moving With Kids

Dear David, What is land transfer tax? – New Buyer Dear New Buyer, Land transfer tax is a tax that a buyer pays when buying property in the province of Ontario and is due when your transaction closes. The tax rate will vary according to the value of the property, but you can expect to

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Kitchen with lots of counter space and wood table
Ask David

Best Area in K-W, Ceramics Style, Right Sizing, Basement Finishing

Dear David, Where is the best area to live in K-W? – New in Town Dear New, Thankfully, Kitchener, Waterloo (and Cambridge) boast many great neighbourhoods with options to suit a wide variety of price ranges. The best area to live really depends on what works best for you: would you like amenities in walking

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