Is construction completed in Woodstock Gardens in Paradise, NL, Canada?

Woodstock Gardens, the latest development by Donovan Homes in Paradise, NL, Canada, has garnered significant attention. Boasting an exclusive and serene cul-de-sac with 26 well-designed lots, the project is nearing completion. Let's explore the current construction status, expected completion date, and the exceptional features that await prospective homeowners.

Construction status of Woodstock Gardens

Construction at Woodstock Gardens started in 2018 and is now in its final stages. Donovan Homes has put great effort into creating homes that exude comfort and sophistication. These contemporary havens are tailored to meet your family's needs with carefully curated standard features.

Expected Completion Date of Woodstock Gardens

With finishing touches underway, Woodstock Gardens is ready to welcome its first residents in 2023. The construction will be fully completed in the coming weeks, allowing you to move in and embrace your new lifestyle.

Exceptional Features Offered by Woodstock Gardens

Woodstock Gardens boasts an impressive array of standard features designed to enhance comfort and style. Each residence comes equipped with Atlantic Windows vinyl casement windows with screens, allowing for a pleasant breeze while keeping pests outside. Additionally, exterior wood walls with R22 insulation and insulated concrete foundation walls (R16) ensure year-round comfort.

The interior features colonial trim throughout, complemented by colonial doors and a choice of elegant brass or pewter interior door hardware. Safety and reliability are paramount, with a circuit breaker panel meeting utility authority standards, ensuring a dependable electrical system.

Is construction completed in Woodstock Gardens in Paradise, NL, Canada?

No, the construction of Woodstock Gardens in Paradise, NL, Canada, hasn't been completed yet. But the project is on the verge of completion. So, to stay up to date on Woodstock Gardens updates, keep an eye on this page.

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Is Woodstock Gardens in Paradise, NL, a good housing project to invest in?

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What is the price for Woodstock Gardens in Paradise, NL?

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Which Real Estate app is best in Canada?

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Are you ready to conquer the Canadian real estate market, but feeling a bit daunted by the abundance of jargon and complexities? Don't worry, you're not alone! The real estate industry can be a minefield to navigate, but with the right knowledge, you'll be able to understand the ins and outs of the market and make informed decisions. So, whether you're a first-time home buyer, a seasoned seller, or a budding real estate agent don't let the jargon hold you back- let's unlock the secrets of the Canadian real estate market with the ultimate 20 real estate terms that you need to navigate the minefield of the Canadian real estate market and come out victorious. ## 20 Real Estate Terms in Canada - A Comprehensive List Knowing real estate terms is key to being a pro in the Canadian market. It's not just for first-time buyers or sellers; it's also for sellers and real estate agents who work here but are unaware of these terms. Because understanding the lingo is what sets you up for success here. For this reason, we have words ranging in complexity from simple words to complex terms. ## **20 Basic Real Estate Terms & Concepts to Know** So buckle up and let's dive in deep into the real estate world. ### **1. Amortization**: The length of time it will take to pay off a mortgage, calculated by dividing the total mortgage amount by the annual mortgage payments. It is the period over which the loan is planned to be paid off, usually in a range of 15-30 years. ### **2. Appraisal**: An evaluation of a property's value by a professional appraiser. Appraisals help to determine the fair market value of a property, which is used to help set a fair price for the property. ### **3. Closing Costs**: The expenses associated with purchasing a property, such as legal fees, land transfer taxes, and home inspection fees. These costs can add up to thousands of dollars and are typically paid at the time of closing. ### **4. Conditional Offer**: An offer to purchase a property that is contingent upon certain conditions being met, such as the successful completion of a home inspection. It means that the offer is made on the condition that certain things happen, such as financing or home inspection. ### **5. Equity**: The difference between the market value of a property and the outstanding balance on the mortgage. It is the portion of the property that the owner fully owns, and it increases over time as the mortgage is paid down and the property increases in value. ### **6. Fixed-Rate Mortgage**: A mortgage with an [interest rate]( that stays the same for the entire term of the loan. It means that the interest rate will not change for the duration of the loan, providing predictability and stability for the borrower. ### **7. Home Inspection**: A comprehensive examination of a property's condition by a professional home inspector. Home inspection is an important step in the home buying process, as it can help identify any potential issues or defects with the property. ### **8. Interest Rate**: The percentage at which the lender charges interest on a mortgage. It is the cost of borrowing money, and it can have a significant impact on the overall cost of the mortgage. ### **9. Land Transfer Tax**: A tax paid by the purchaser when a property is transferred from one owner to another. It is a government tax that is paid on the transfer of property ownership and varies by province. ### **10. Listing Agreement**: A contract between a property owner and a real estate agent that outlines the terms of the agency relationship. It outlines the services that the agent will provide, the length of the agreement, and the commission that will be paid to the agent. Also, know the truth behind a [home listed for 1$ in the [Canadian Housing Market]( ### **11. Mortgage Broker**: A professional who acts as an intermediary between borrowers and lenders to help them find the best mortgage product. They can help borrowers find the best mortgage rate and product that suits their needs. ### **12. Mortgage Pre-Approval**: A conditional commitment from a lender to provide a mortgage for a certain amount, subject to the buyer meeting certain conditions. It is a letter from a lender that states that you are pre-approved for a mortgage up to a certain amount, subject to certain conditions. ### **13. Multiple Listing Service (MLS)**: [MLS or Multiple Listing Service]( is a database of properties for sale by real estate agents. It is a system used by real estate agents to list properties for sale, and it is a valuable resource for buyers and sellers. ### **14. Power of Sale**: A legal process that allows a lender to sell a property in order to recover unpaid mortgage debt if the borrower defaults on the mortgage. It is a provision in the mortgage agreement that gives the lender the right to sell the property in case of default. ### **15. Property Condition Disclosure Statement**: A document that outlines any known issues or defects with a property. It is a statement provided by the seller that discloses any known issues or defects with the property. ### **16. Real Property Report (RPR)**: A legal document that shows the boundaries, dimensions, and location of a property, as well as any improvements or structures on the property. It is a detailed survey that shows the property's boundaries and any structures or improvements on the property. ### **17. Title Insurance**: Insurance that protects the buyer and the lender against any issues with the property's title or ownership. It protects against any hidden issues with the property's title, such as outstanding liens or encumbrances. ### **18. Underwriting**: The process of evaluating a mortgage application to determine whether to approve the loan and what terms to offer. It is the process used by lenders to evaluate a borrower's creditworthiness and ability to repay the loan. ### **19. Zoning**: Set of regulations established by local governments that determine how land can be used in a particular area, by dividing the municipality into different zones and regulating the development, density and allowed uses of the land. ### **20. Lease**: A lease is a legal agreement between a landlord and tenant outlining the terms and conditions of renting a property, including the rental amount, length of the lease and responsibilities of both parties. ## **20 Advanced Real Estate Terms & Concepts to Know** Now, let's get an idea on some of the advance terms used in the real estate industry. ## **1. ‘As Is’ clause** Let's learn about this real estate concept from both a seller's and a buyer's point of view. #### **For sellers** "As-Is" clause means property is sold in current condition, with no promises or guarantees from the seller. - It can be a quick and cost-effective option for sellers. - But, it also means that the buyer will have to take on any necessary repairs or renovations. - Legally required to disclose all issues with the property, including providing a detailed statement of condition, prepared by a professional, and based on an inspection. #### **For buyers** "As-Is" properties may come at a lower price, but they can also end up costing more if extensive repairs are needed. - It's crucial to do a thorough inspection of the property to reveal any potential issues. - Consider including a "subject to inspection" clause in the contract, which allows the buyer to back out if the inspection reveals more problems than initially disclosed by the seller. - Important to proceed with caution and have a solid team of professionals, including a real estate agent, home inspector, and attorney, to minimize the risk. For more details, refer [What does As-is clause mean in real estate?]( ### **2. POA (Power of Attorney)** POA is a legal document that allows you to give authority to another trustworthy person(s) to manage your property or money on your behalf. - The person you appoint is called your attorney, and they do not have to be a lawyer. - It is required that a person be ‘mentally capable’ at the time of signing a POA for it to be valid. - Laws, requirements, and definitions of POA vary across provinces and territories in Canada. - Real Estate and POA In real estate, your attorney can manage buying or selling of real estate in your name, pay bills on your behalf, and even collect money owed to you, unless restricted to do so. Your attorney does not become the owner of your property, they can only manage it on your behalf. ### Types of POA - **General Power of attorney**: Allows your attorney to manage all or part of your finances and property only while you are mentally capable of managing your own affairs. Becomes invalid if you become mentally incapable. Can be limited to a particular task or time period. - **Continuing power of attorney**: Allows your attorney to continue managing your finances and property even if you become mentally incapable to do so. Can start immediately or come into effect when you become mentally incapable. ### **3. MLS (Multiple Listing Service)** MLS (Multiple Listing Service) is a database of properties for sale or rent, maintained by real estate agents and brokers. - It allows agents to share information about properties with other agents in their area, increasing the chances of a sale or lease. - MLS data is only available to real estate agents and brokers who are members of the service. - It includes detailed information about properties, including photographs, prices, and descriptions. - MLS can be a powerful tool for buyers, sellers, and real estate professionals to find and market properties. ### **4. CCIM (Certified commercial investment member)** CCIM (Certified Commercial Investment Member) is a professional designation for commercial real estate professionals. - It is awarded by the CCIM Institute after completing education and demonstrating experience. - Recognized as mark of expertise in commercial and investment real estate. - Only held by a select group of professionals. - CCIMs are trained to analyze investment opportunities. ### **5. CPM (Certified Property Manager)** CPM (Certified Property Manager) is a professional designation for property management professionals. - It is awarded by the Institute of Real Estate Management (IREM) after individuals complete a rigorous education curriculum and demonstrate their experience in property management. - The CPM designation is recognized as a mark of expertise in the property management industry. - Only held by a select group of professionals. - CPMs are trained to manage and maintain properties effectively and efficiently. ### **6. CMA (Comparative Market Analysis)** CMA (Comparative Market Analysis) is a report that compares a property to similar properties in the same area. - It is used to determine a property's estimated value, and to help with pricing decisions when buying or selling a property. - A CMA includes information about recent sales and current listings of similar properties. - It also includes information about market trends, such as average days on market and sale-to-list price ratios. - CMA is a helpful tool for both sellers and buyers to have a better understanding of the market and make informed decisions. ### **7. CRE (Commercial Real Estate)** CRE (Commercial Real Estate) refers to properties used for business or investment purposes. - It includes properties such as office buildings, retail centers, industrial warehouses, and multifamily apartments. - CRE transactions are generally more complex and involve more money compared to residential real estate transactions. - CRE professionals such as brokers, investors, and property managers have specialized knowledge and skills to navigate the market. - CRE can also include special purpose properties such as hotels, hospitals, and self-storage facilities. ### **8. CAC (Central Air-Conditioning)** CAC (Central Air-Conditioning) is a type of air conditioning system that cools a building or home by circulating chilled air through ductwork. - It typically uses a central unit, such as a furnace, to cool the air and distribute it throughout the building. - CAC systems are often more efficient and can cool larger areas compared to individual room air conditioners. - It can also improve air quality by filtering and circulating air throughout the building. - CAC systems require regular maintenance to ensure they are functioning properly and efficiently. ### **9. COI (Certificate of Insurance)** A Certificate of Insurance (COI) is a document that verifies that a specific insurance policy is in effect and provides details on the coverage provided. - COIs are typically issued by insurance companies or their agents and are used to provide proof of insurance to third parties, such as lenders or landlords. - COI includes: insured name, policy number, coverage type/limits, and insurance company/agent contact information. - Some COIs may also include additional information, such as endorsements or exclusions to the policy. - COIs are not the same as the insurance policy itself and do not provide all of the terms, conditions, and exclusions of the policy. ### **10. CMHC (Canada Mortgage and Housing Corporation)** Canada Mortgage and Housing Corporation (CMHC) is a Crown corporation of the Government of Canada. - Its primary function is to provide mortgage loan insurance to Canadian banks and other lending institutions. - This insurance helps protect lenders against losses if a borrower defaults on a mortgage loan. - CMHC also conducts research and provides information on housing markets and trends, as well as housing-related programs and services. - CMHC is funded by premiums paid by borrowers who take out mortgage loans that are insured by the corporation. ### **11. CMA (Comparative Market Analysis)** A [Comparative Market Analysis (CMA)]( is a report that compares a property to similar properties that have recently sold or are currently on the market. - It is used by real estate agents, appraisers, and homeowners to estimate the fair market value of a property. - A CMA typically includes information such as the property's location, size, condition, and features as well as information on comparable properties, including their sale prices and other relevant details. - It is based on recent sales data, it helps in determining the current market value of a property - It is used to set the price for a property that is for sale or to be appraised. - A CMA can also be used to evaluate the potential return on investment for a rental property or a fix and flip investment. ### **12. ARV (After Repair Value)** After Repair Value (ARV) is a term used in real estate investing to refer to the estimated market value of a property after any necessary repairs or renovations have been completed - It is used to determine the potential profitability of a fix-and-flip investment or the maximum purchase price for a property being considered for a rental or rehab project. - ARV is calculated by taking the estimated market value of a property in its current condition, subtracting the cost of repairs and renovations, and then adding any potential value-adds such as an addition or a finished basement. - It is an estimate of the potential of the property in the future after the repairs are done - It helps in determining the maximum amount to be spent on the renovation and property purchase, so it doesn't exceed the potential value of the property after renovation. ### **13. LTV (Loan to Value)** Loan-to-value (LTV) is a ratio used in the mortgage industry to indicate the size of a loan compared to the value of the property being used as collateral. - It is calculated by dividing the loan amount by the value of the property. - It is used by lenders to determine the risk of a loan and the creditworthiness of a borrower. - A higher LTV ratio indicates a higher risk to the lender, as the borrower has less equity in the property. - LTV is used to determine the minimum down payment, interest rate, and maximum loan amount - Lenders usually have different LTV ratios for different types of properties and loans. - A high LTV ratio may require a higher interest rate or mortgage insurance. ### **14. Cap Rate** The Capitalization Rate, or Cap Rate, is a measure used in real estate investing to indicate the rate of return on a property based on its income and purchase price. - It is calculated by dividing the property's net operating income by its current market value or purchase price. - Cap Rate is a metric used to compare the potential returns of different properties. - A higher cap rate indicates a higher return on investment, and a lower cap rate indicates a lower return. - Cap rate is used to evaluate the performance of a property and its potential as an investment. - Cap rate can be used to compare the yields of different properties and areas, even though it is a ratio, it does not take into account the cost of debt. ### **15. GDS (Gross Debt Service)** Gross Debt Service (GDS) ratio is a measure used by mortgage lenders to determine a borrower's ability to afford the mortgage payments on a property. - It is calculated by dividing the total mortgage payments, including principal, interest, property taxes, and heating costs, by the borrower's gross income. - GDS is one of the two ratios used to qualify borrowers, the other being TDS (Total Debt Service). - It is used to evaluate the borrower's ability to meet the housing cost, it is usually expressed as a percentage. - Lenders usually have a maximum GDS ratio, typically between 31% and 39% - A high GDS ratio may indicate that a borrower is over-extended and may have difficulty making mortgage payments. - A low GDS ratio may indicate that a borrower has a lower risk of defaulting on the loan. ### **16. TDS (Total Debt Service)** Total Debt Service (TDS) ratio is a measure used by mortgage lenders to determine a borrower's overall ability to afford the mortgage payments on a property, as well as their other debts and expenses. - It is calculated by dividing the total monthly debt payments, including mortgage payments, credit card payments, car loans, and any other debts, by the borrower's gross income. - TDS is one of the two ratios used to qualify borrowers, the other being GDS (Gross Debt Service). - Lenders usually have a maximum TDS ratio, typically between 42% and 44% - A high TDS ratio may indicate that a borrower is over-extended and may have difficulty making mortgage payments and other debts. - A low TDS ratio may indicate that a borrower has a lower risk of defaulting on the loan and other debts. ### **17. JT (Joint Tenancy)** Joint Tenancy is a type of co-ownership of property where two or more individuals own the property together. - Each owner holds an equal and undivided interest in the property. - Joint tenants have the right of survivorship, meaning that if one of the owners passes away, their interest in the property passes automatically to the remaining owners. - In a joint tenancy, all parties have equal rights and responsibilities on the property - Each joint tenant has the right to use the entire property. - All the parties need to agree to sell the property or make any changes to it. - In case of death, the share of the deceased tenant automatically goes to the surviving tenant/s. ### **18. TIC (Tenancy in Common)** Tenancy in Common (TIC) is a type of co-ownership of property where two or more individuals own the property together, but each has a distinct and separate share of the property. - No right of survivorship, meaning if one owner dies, their share does not automatically pass to the remaining owners. - Allows multiple parties to invest in real estate together or pass assets onto beneficiaries. - Each tenant owns a specific percentage of the property and can sell or dispose of their share. - Tenants have right to use entire property, but cannot sell or make changes without agreement of other tenants. - In case of death, share is passed on according to will or testamentary disposition, not automatically to surviving tenants. - Different from Joint Tenancy which has equal shares and right of survivorship. ### **19. Lien** - A lien is a legal claim on a property that gives a lender or other creditor the right to seize the property if the borrower or property owner fails to fulfill their obligation. - Liens can be placed on property for unpaid debts, taxes, or other financial obligations. - Liens can be either voluntary, such as a mortgage, or involuntary, such as a judgment lien. - Liens are recorded in the public records, this means that they are visible to anyone who searches. the records. - When the property is sold, the lien must be paid off before the sale can be completed. - If the lien is not paid off the property may be foreclosed or seized by the creditor. ### **20. Ontario Agreement of Purchase and Sale** The Agreement of Purchase and Sale (APS) is a legally binding contract between a buyer and a seller for the purchase of a property in the province of Ontario, Canada. - Outlines terms and conditions including purchase price, closing date, and contingencies. - Prepared by a real estate agent or lawyer, reviewed and signed by both parties, and a copy provided to each. - Includes schedule of chattels and fixtures, closing date, and contingencies, if any. - Legally binding contract, both parties have legal obligations and rights related to the sale. - Buyer typically pays deposit held in trust until closing. - Starting point for completion of sale transaction and ownership transfer. ## Knowing the Canadian Real Estate Concepts The understanding of the real estate terms specific to Canada is essential for home buyers, sellers and agents in order to navigate the market and make informed decisions. Being familiar with terms such as CMHC, ARV, LTV, Cap Rate, GDS, TDS, JT, TIC, CMA, APS, and others, can help you understand the mortgage process, evaluate properties, and negotiate the terms of a sale. Whether you're a [first-time home buyer](, an experienced investor, or a real estate agent, having a solid understanding of these terms will help you make the most of the Canadian real estate market. Did we miss any important term here? Do you wish to include any other interesting concept on real estate in Canada, do comment and share your views.

Which are the best neighbourhoods to live in St. Catharines in Ontario, Canada?

Imagine waking up to the sound of waves in the background, strolling down picturesque streets lined with charming historic homes, or being just steps away from the city's best amenities and parks. St. Catharines has it all, and these neighborhoods are the cream of the crop! So, lets explore and find your dream home in one of these fantastic neighborhoods of St. Catharines, Ontario, Canada. ## Which are the best neigbourhoods to live in St. Catharines in Ontario, Canada? St. Catherines, also known as "The Garden City," offers the best of both worlds for its residents. With the picturesque Lake Ontario and just a short 20-minute drive to Niagara Falls, residents can enjoy both beautiful views and endless entertainment options. So, here are the best neigbourhoods to live in St. Catharines in Ontario, Canada. ## 1. Lakeshore St. Catharines - Best for Families and Commuters. The Lakeshore neighborhood, situated on the eastern side of the Port Dalhousie community. With direct access to the picturesque Lake Ontario, residents can take advantage of the various waterfront trails, piers and recreational areas. It is not surprising that this neighborhood is highly sought after by prospective homeowners due to its location, natural beauty and cultural heritage. **Features and Amenities** - Pine Grove Public School and Terra Viva Montessori Bilingual School. - Access to the Waterfront Trail and Weller Park. - West Cliff and Lakeview Parks. - Historical Port Dalhousie East Pier. - Convenient commutes to nearby cities including Hamilton, Ancaster, Toronto and Niagara Falls via Queen Elizabeth Way. ## 2. Port Dalhousie - Best for Families and Commuters. Port Dalhousie is a highly sought-after neighborhood in St. Catharines, known for its charming atmosphere and proximity to the water. The famous Lakeside Park, the beach, and the iconic merry-go-round are major draws for visitors and residents. The neighborhood boasts a small-town feel with an array of local restaurants and shops, all within close proximity to each other. **Features and Amenities** - Gracefield Public School. - St. Ann Catholic Elementary School. - Popular attractions such as Lakeside Park and Rennie Park. - Short commutes to nearby cities including Hamilton, Ancaster, Toronto, and Niagara Falls via Queen Elizabeth Way. ## 3. Grapeview St. Catharines - Best for Families. The Grapeview neighborhood, situated on the western side of St. Catharines, offers a diverse and eclectic living experience. Bordered by the Welland Canal on the eastern side, the neighborhood boasts quick and convenient access to two major roadways, the Queen Elizabeth Way and Highway 406, providing residents with easy access to the surrounding cities and various outdoor recreational activities. **Features and Amenities** - Grapeview Public School and Saint Teresa of Calcutta Catholic School. - Avondale Food Store within the community. - Harvest Estate Wines nearby. - Convenient access to nearby cities via Queen Elizabeth Way. ## 4. North End St. Catharines - Best for Families. The North End of St. Catharines offers a diverse and rich cultural experience, and it has a variety of amenities that make it suitable for families. The area has parks, recreational spaces, and community centers, which provide opportunities for families to spend time together and participate in activities. In addition, the St. Catharines Museum and Welland Canal Centre provide educational opportunities for children and families. **Features and Amenities** - Historic architecture and cultural heritage. - Strong Italian-Canadian community. - Merritton Heritage District with restored heritage buildings, local shops, and restaurants. ## Best neigbourhoods to live in St. Catharines in Ontario, Canada St. Catharines offers a variety of neighborhoods that cater to different lifestyles and preferences, making it an ideal place to call home. In addition to the areas mentioned above, other noteworthy neighborhoods include Garden City, which is known for its lush vegetation and picturesque views, Lakeshore, which offers scenic views and recreational opportunities, and the North End, which provides easy access to amenities and public transportation. Whatever kind of neighborhood you're looking for, St. Catharines has something to offer.

Top 10 Largest Real Estate Companies in Canada

Are you interested in learning more about the real estate topics? Here we will be highlighting the **Top 10 Largest Real Estate Companies in Canada**. Grab useful information on the best performers in the dynamic real estate world. Real Estate in Canada --------------------- Real estate has and will continue to be a great investment especially in an immigration friendly country like Canada. The exciting part about this business is that the risk is very low. To invest in real estate, you will need a credible, knowledgeable and skilled agent. There are several real estate agents in Canada but the fear of not falling into the wrong hands can be a hindrance.  Canada has in store some of the **largest real estate companies**, and their real estate sector has contributed immensely to the economic growth in Canada. To be a good real estate agent requires you to have good knowledge of the business and also great skills. For these reasons, we have taken enough time to compile a list of the **top real estate companies** in Canada. Top 10 Real Estate Companies in Canada -------------------------------------- Take your time to read through this interesting list to have more knowledge about the top real estate companies in Canada. And yes, these are not in any sequential order. We just picked the most popular and the largest Canadian real estate companies. **1\. Onni Group** ------------------ This well-known real estate company has maintained being on the top list of best real estate companies for over five decades. They are greatly known for their unprecedented condo homes and commercial properties. Their development of residence so far is more than 15000 and they own various properties in different parts of North America, places like Vancouver, [**Ontario cities**](, etc.  Onni offices are situated in various parts of Canada, Seattle, Toronto, British Columbia, Los Angeles, and other areas. Their goal is to develop top-notch urban towns in the world coupled with great sustainability and innovative designs. One thing that has made them stand out is their ability to develop principles on green architecture. Also, the materials and equipment used by this company are native and energy-saving respectively. Their great teams are also worth mentioning as they are well trained and skilled in this field. Some of their record-breaking projects are Gilmore Place, Cambie Gardens, Riva, Fortunate at Fort York, Atria west and lots more. 2\. Westcorp Property Management Inc ------------------------------------ This company has been around for over three decades which has made them more conversant with the needs and tastes of their clients. Their services include commercial, residential, retail, office and hospitality real estate. Westcorp Property Management Inc is well known in the commercial sector of real estate in Canada for its exceptional sales. Whitehall Square, Victoria Plaza, The Milner, Downtown Hotel, and Baywood Park are some of their projects in Canada. Over the years this company has been able to enhance its service which has made them become one of the best in Canadian real estate. 3\. Mattamy Homes --------------------- When referring to some of the privately-owned real estate development firms in Canada that make the most profit, Mattamy is one of them. Mattamy owns real estate assets in different parts of the country like the [**Greater Toronto Area**]( and Calgary as well as certain parts of the United States of America. Some of Mattamy's projects include 360 condo and Vita on the lake. This business has been able to provide jobs to many and has also offered real estate services to different clients in various areas of Canada. One of their goals is to provide an eco-friendly home, and green building material and to motivate the use of smart technologies. 4\. Westbank Corp ----------------- The company headquarter is located in Vancouver and is one of the top real estate development companies in Canada which also have an international footprint. The company has luxury assets in both commercial and residential skyscrapers. Its reputation in the commercial real estate business, particularly in Calgary, is still being built. Westbank Corp dares to be different from other real estate companies with their exceptional artistry projects. That's one of the things that has grabbed the attention of many towards this real estate company. They are known to be the largest LEED Platinum developer in the world. Some of their projects are Shangri-La, Bank of Italy, Telus Garden and The Butterfly and 188 Keefer St. 5\. Pinnacle International -------------------------- It is one of the leading real estate companies in Canada known for developing luxury commercial, hotels and residential buildings. Over the years the company has been able to create thousands of residences and help to improve different areas in the country. With each of their projects, they have provided great design in terms of architecture and interior as well as deluxe amenities. This has helped them remain one of the best in the real estate market. 33 Bay, Pinnacle Grand Prix, The Prestige and The Sorrento are some of their projects. 6\. Tridel ---------- It is one of the largest and oldest real estate companies in Canada with its headquarter in Toronto. The company was founded by Jack DelZottto in 1934. This company has developed thousands of houses in Canada as well as wonderful communities. The Westerly, Queen & Church and Aqualuna are part of their projects. 7\. Canadian Brookfield ----------------------- This is a company that provides infrastructure solutions, private equity, management, credit and real estate investment which is globally recognized. So, it has landed in our list of top real estate companies in Canada. 8\. The Daniels Corporation --------------------------- This reputable real estate company has more dominance in Thornhill, Toronto, Mississauga and Brampton real estate markets. Their commitment to quality construction, innovative design and sustainability has been their hedge over others in the industry. Kilgour Estates, Artworks Tower and High Park Condos are some projects from them. 9\. Sorbara Group Of Companies ------------------------------ This is a real estate company that also provides property management, investment and construction. Their focus on growth has helped them to penetrate the real estate market. 210 Simcoe and 400 Wellington are some of their previous projects. 10\. Firstservice Corporation ----------------------------- For more than 20 years this real estate company has provided excellent experience and service to their clients. The satisfaction of their client has been their goal and concern which has helped with revenue generation and building reputation.  You may also like to discover [10 Steps to Build a Successful Home Renovation Business in Canada ]( Real Estate Companies in Canada ------------------------------- Whether you want to invest in real estate or planning to get your dream home in Canada, you will come across the company names added above. They have proven to be reputable companies with their various projects and contributions to the real estate market. May it be detached homes, semis, or other [**new constructions**](, these companies have made a strong hold in different Canadian provinces. This collection of **largest real estate companies** can help guide you through the real estate market in Canada. _**What do you think? Any other top real estate companies that we missed to include here? Do share with us.**_

Can New Immigrants Buy a House in Canada?

Are you a newcomer wondering, **Can a new immigrant buy a house in Canada?** We have the answers to your query. Moving to Canada with your family is a big step, and buying a new home there can be challenging. That is why many banks and lenders offer mortgage options for **new immigrants** to help them get settled. According to reports, the rate of immigrant homeowners has surpassed Canadian-born counterparts. Therefore, buying your own home as an immigrant in Canada is achievable.  Nothing beats the feeling of getting the keys to your first home in Canada as a new immigrant. But empowering yourself to make the best decision about your new home is very important.  What is an Immigrant Mortgage? ------------------------------ An immigrant mortgage is a special [newcomer mortgage program]( offered by banks for new immigrants in Canada. These programs help them get a mortgage even when they do not meet the requirements for a regular mortgage. New immigrants in Canada are allowed to buy a home, even if they have just immigrated to the country.  They also qualify for a mortgage as long as they meet the standard financial requirements. As a new immigrant, navigating the rules and regulations can get overwhelming. So, we have put together a detailed guide to everything you need to know about buying a house in Canada. Why it's difficult for New Immigrants to get Mortgage approved? --------------------------------------------------------------- Things are not that easy as they seem to be! As a [**new immigrant to Canada**](, it's difficult to get your mortgage approved. Let's see why so. ### 1\. Lack of Canadian Employment History One of the requirements for eligibility for a regular mortgage in Canada is Canadian employment history. Many banks want to ensure you’ve been working in the country for at least two years.  These show that you have a stable level of income. ### 2\. Canadian Credit History An established credit history shows how consistent and responsible you are with your finances. Banks need a credit report to see how you handle your debt. They want to know if you have missed any payments or made late payments. So, new immigrants with no credit history can face challenges. Eligibility for a Mortgage as a New Immigrant in Canada ------------------------------------------------------- Let's see how new immigrants are eligible to get mortgage approval. ### 1\. Migrated to Canada within the last 5 years You must have immigrated to Canada within five years to be considered a new immigrant. Have you been staying in Canada for more than five years? If yes, you are no longer considered a new immigrant. ### 2\. Established Legal Status in Canada New immigrants with a temporary or permanent residence are eligible. Those with a non-permanent resident with a work permit are also eligible. ### 3\. Working full time for 3 months New immigrants do not need to have two years of employment history to get a mortgage. However, they must have at least three-month full-time employment history. You will need at least three months of full-time employment history. These laws exclude those that are relocated to Canada by their current employer. ### 4\. Have a 5% Down Payment  A 5% down payment is mandatory for a new immigrant to get a house in Canada. These down payments also vary from one agent to another. For example, some lenders may require a higher down payment if the house price is over $500,000. ### 5\. Meet Qualification Ratios Your debt service ratio shows the percentage of your income that pays your debt. The higher this ratio, the more difficult it is to get a mortgage. This is because you are spending more of your income on service debt.  How to Buy Your First House in Canada? -------------------------------------- Are you wishing to buy your first house in Canada? Here are few things to guide you. ### 1\. Have a Budget  According to reports, the average house prices have sky-rocketed in Canada in the past few years. This price is due to the astronomical cost of houses in places like Vancouver and Toronto. However, the price of houses are cooling down a bit due to [**high benchmark interest rates**]( and other regulations. Keeping this in mind, new immigrants must have a budget when opting to get a house mortgage. They should know the down payment and monthly housing payment they can afford. Therefore, having a solid budget helps you understand how much house you can afford. ### 2\. Mortgage Approval Process Mortgage approval helps estimate your potential mortgage payments. The process of getting a mortgage approval varies from state to state. It also depends on your eligibility. Most banks and mortgage lenders approve the maximum loan you can qualify for. So it is important to understand the requirements at your stage.  New immigrants must provide their income, assets, debts, and current employment information to get approval. After submitting this information, the bank or lender will evaluate the application. The application will be approved if they are qualified and rejected if they are not. ### 3\. Search for a Perfect House It is time to search for your dream home. Your mortgage approval often determines the kind of house you will search for. As a newcomer, it is advisable to partner with an experienced real estate agent. Ask your neighbours and friends if they know any trustworthy realtor that can help you through the home buying process. ### 4\. Get Home Inspection Done Home inspections help protect the buyer from any potentially serious and dangerous problems in the building. Therefore, it is paramount. But you will need to pay a fee to inspect the house. Your realtors or mortgage lenders can help you find a qualified home inspector if you don't have any. And yes, home inspection is very crucial part of the buying process. So, don't think of missing it out to save some money! ### 5\. Make an Offer After inspecting the house, it is time to make an offer on the property. Making an offer in Canada requires putting down a deposit. However, this deposit is different from your down payment. The deposit shows the seller you are serious about buying the property. Your deposit will be added to your down payment when you close on the house. But it is non-refundable if you walk away.  ### 6\. Sign the Papers Buying and finalizing your house mortgage requires a lot of paperwork. You must first finalize your financing options and get your mortgage formally approved. These can be completed within a few weeks. Ask your realtor for help when navigating through the paperwork to ensure transparency. And here you are ready for getting the possession of your dream house on closing day! Buying Home as a Newcomer to Canada ----------------------------------- Canadian banks keep on updating their eligibility requirements with the newcomer mortgage program. So, you must be aware of the latest changes applicable. But, you will need to meet the basic criteria of [**home buying in Canada**]( before fulfilling your housing dream.

5 Best Handyman Services Apps in Canada 2023

Are you tired of dealing with the stress and frustration of finding reliable handyman services for your home repairs? Look no further! The top 5 best handyman services apps in Canada are here to revolutionize your approach to home repairs and renovations. With just a tap, professional and efficient handymen are readily available to tackle any task, making home repairs a seamless reality. It's time to upgrade your home repair game and basket in the glory of a job well done, every time. Say farewell to frustration and hello to a new era of convenience. So, don't wait any longer, explore the top 5 best handyman services apps in Canada here! ## How do on-demand Handyman Apps work? On-demand handyman apps work by connecting customers with local, qualified handymen for home repair and improvement services. Customers can use the app to browse a list of services offered, choose the desired service, select a date and time for the appointment, and pay for the service directly through the app. Handymen use the app to receive job requests and communicate with customers. The app typically verifies the handyman's qualifications, insurance, and background information to ensure a safe and high-quality service experience. With the convenience of on-demand apps, customers can easily find and book reliable handymen for their home repair needs. ## 5 Best Handyman Services Apps in Canada In Canada, there are a number of handyman services apps available, offering a convenient and efficient way to connect with skilled tradespeople in your area. Here are five of the best handyman services apps in Canada: ## 1. TaskRabbit TaskRabbit is a platform that connects you with local tradespeople for various home services, including handyman services. The app makes it easy to find and book a handyman for your home repairs and maintenance needs. Here are some key features of TaskRabbit: **Wide range of home repair and maintenance services**: TaskRabbit offers a wide range of home services, including handyman services, furniture assembly, cleaning, and more. **Online payment system:** TaskRabbit has an online payment system that allows you to pay for the services you receive through the app, making the process convenient and secure. **Customer reviews and ratings:** TaskRabbit allows customers to leave reviews and ratings for the tradespeople they hire, giving you a better idea of the quality of work you can expect. **In-app messaging:** You can communicate with the handyman directly through the app, making it easy to ask questions and get the information you need. **Guaranteed work quality:** TaskRabbit offers a guarantee on the quality of work provided by its tradespeople, giving you peace of mind when booking a handyman through the app. **Easy booking process:** TaskRabbit makes it easy to book a handyman, with just a few taps on the app. ## 2. [Urban Tasker]( Urban Tasker is a fast-growing and emerging home services platform that allows you to find local and trusted help for your day to day tasks and home projects. With Urban Tasker, you can book services for tasks such as assembling furniture, electrical fittings, plumbing, cleaning, lawn care, moving, other handyman services, and much more. Here are some of the key features and benefits of using : **Local and trusted help:** Urban Tasker only works with local and trusted professionals, so you can feel confident that you're getting the best quality of service. **Quality assurance:** This online platform is dedicated to ensuring that you're completely satisfied with your service. They offer a quality assurance guarantee to give you peace of mind. **Get An Instant Quote Estimation:** With the price estimation tool, you can get an instant quote for the task you need done, making it easy to budget and plan for the services you need. Moreover, you can compare different quotes and select the best one that fits in your budget. ## 3. Handy Handy is a home services platform that connects customers with skilled and vetted tradespeople for various home services, including handyman services. With Handy, you can book a handyman with just a few taps on the app, making it easy to get your home repairs and maintenance tasks done quickly and efficiently. Here are some of the key features offered by Handy: **Top-rated professionals:** Handy professionals are experienced, friendly, background-checked, and insured. You can be confident that you are hiring a skilled and trustworthy tradesperson for your home services. **Next-day availability:** Appointments are available 7 days a week, making it easy to book a handyman when you need one. **Handy Happiness Guarantee:** Handy is dedicated to customer satisfaction, and if you're not happy with the services you receive, the company will work to make it right. **24/7 customer service:** Handy offers 24/7 customer service, so you can get help and support whenever you need it. **Wide range of services:** Handy professionals provide a variety of home services, including home cleaning, office cleaning, handyman services, plumbing services, and electrical services. **Easy booking and payment process:** You can book a handyman through the app and pay for the services you receive securely and conveniently. **In-app messaging and booking management:** You can communicate with the handyman directly through the app and manage your bookings on the go. ## 4. Jiffy Jiffy is also a home services platform that provides a convenient way to book quick and small jobs around the house. With Jiffy, you can get access to vetted and insured professionals for various home services, including handyman services, cleaning, and home renovations. Jiffy is currently available in Toronto, Ottawa making it easy to find the help you need no matter where you are. Here are some of the key features and benefits of using Jiffy On Demand: **Reliable professionals:** Jiffy only works with experienced, insured, and reliable professionals to ensure the best quality of service. **Wide range of services:** Jiffy offers a variety of services, including handyman services, cleaning, home renovations, and more. You can easily find the right professional for your project. **Affordable pricing:** Jiffy also offers competitive pricing on all of its services, so you can get the help you need without overspending. **Easy booking process:** You can book services through the Jiffy On Demand app or website, making it quick and convenient to get the help you need. **Instant quotes:** Get instant quotes on all services, so you can compare prices and make an informed decision. ## 5. Mr. Handyman Mr. Handyman is a well-known handyman service in Canada that offers a wide range of home repair and maintenance services. The Mr. Handyman app makes it easy to book a handyman for your home repairs, and the company's reputation for quality and reliability makes it a popular option for those in need of a handyman. Mr Handyman is part of the Neighborly family of home services companies. In addition to painting, they offer a range of home maintenance and repair solutions. You can easily access their services through their website or by downloading the Neighborly - Local Home Repair app, available on both Google Play Store and the App Store. The app has received high ratings, with an average of 4.1 stars on the Play Store and 4.9 stars on the App Store. Some of the benefits of using Mr. Handyman services include: **Experienced professionals**: Mr. Handyman's technicians are experienced, skilled, and knowledgeable in all aspects of home repair and improvement. **Wide range of services:** Mr. Handyman offers a comprehensive range of services, including home repairs, renovations, and installations. **Quality workmanship:** Mr. Handyman guarantees quality workmanship and a commitment to customer satisfaction. **Convenient scheduling:** Mr. Handyman offers flexible scheduling to meet the needs of their customers. **Customer-focused service:** Mr. Handyman is dedicated to providing excellent customer service and ensuring customer satisfaction. You may also like to explore [Best Cities to Live in Ontario, Canada]( ## Handyman Services Apps Canada On demand handyman apps provide a convenient and efficient solution for Canadians looking to tackle home maintenance and repair tasks. From basic home cleaning to more complex projects, these apps connect customers with fully vetted and insured pros in just a few taps. Additionally, customers can also avail these services through the websites of these companies, offering a comprehensive solution for all home maintenance needs.

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