You own the unit you live in, whether it’s a high-rise, low-rise, or townhouse, and share ownership rights for the common areas of the building with other owners in the development. This shared ownership includes spaces like hallways, gyms, and gardens, ensuring all residents contribute to the maintenance and enjoy the communal facilities.

*The information provided is for educational purposes only and should not be considered legal advice. For specific legal concerns or questions related to your mortgage, it is always best to consult with a qualified legal professional.*

Mortgage Education

  • Total Debt Service Ratio (TDS)

    The percentage of gross income allocated for payments of principal, interest, taxes, and heat (P.I.T.H.), along with other debt obligations, [...]

  • Title Insurance

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  • How Much You Need for a Down Payment in Canada

    Buying a home is a significant milestone, and one of the first steps in this journey is understanding how much [...]

  • Paying Off Your Mortgage Faster

    >Getting a mortgage is a significant step toward homeownership. However, the process can seem complex and overwhelming. This guide will [...]

  • How To Get a Mortgage

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