STOREYS Editorial Team
STOREYS is the leading real estate news site in the country, providing the most accurate and up-to-date coverage of the Canadian market.
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Bridge Financing
Learn how bridge financing works in Canadian real estate and how it helps homebuyers manage the timing gap between selling one property and buying another.
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Bridge Loan
Discover how bridge loans work in Canadian real estate, who uses them, and why they’re a key tool for navigating mismatched closing dates when buying and selling homes.
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Firm Offer
Find out what a firm offer is in Canadian real estate, how it differs from a conditional offer, and why it carries both competitive advantages and financial risks.
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Foreclosure
Learn how foreclosure works in Canadian real estate, what provinces use it, and what both homeowners and buyers need to know about the process.
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Closing Costs
Understand what closing costs are in Canadian real estate, what they include, and how much buyers and sellers should expect to pay at the end of a transaction.
Glossary
Assignment Sale
Explore how assignment sales work in Canadian real estate, especially in pre-construction deals, and what buyers and sellers should watch for.
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Deposit
Explore what a deposit means in Canadian real estate transactions, how much is typical, and why it’s a vital part of making a serious offer on a home.
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Gross Debt Service Ratio (GDS)
Understand the Gross Debt Service Ratio (GDS) in Canadian real estate, how it’s calculated, and why it’s essential for mortgage approval and affordability.
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Judicial Sale
Learn how judicial sales work in Canadian real estate, especially during foreclosure, and what buyers need to know about the court-supervised process.
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Land Transfer Tax
Learn what land transfer tax is in Canadian real estate, how it’s calculated, and how it affects your closing costs and overall homebuying budget.
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New Construction
Explore how buying new construction works in Canadian real estate, including timelines, warranty coverage, and key legal and financial considerations.
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Occupancy Date
Learn what the occupancy date means in Canadian real estate, particularly for pre-construction condos, and how it affects possession and financial planning.
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