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Every year, on November 11, something rare happens. The world goes quiet. Cars pause. Conversations stop. Children in school gyms lower their voices. Veterans straighten their medals. And at the eleventh hour of the eleventh day of the eleventh month, we observe two minutes of silence. This is Remembrance Day. It isn’t a festival, a sale, or a long weekend. It is a Canadian tradition rooted in respect—for the soldiers who served, the ones who never came home, and the families who carried the weight of war long after the headlines faded. Why November 11? On November 11, 1918, the First World War finally ended. A conflict that reshaped the world, scarred nations, and cost millions of lives came to a close. The date became a symbol: peace hard-won and never forgotten. The Poppy: A Small Flower with a Tremendous Story The red poppy worn on jackets and coats is more than decoration. During the First World War, the soil of Flanders Fields was torn apart by artillery. Yet, through shattered g...
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The hard truth - selling your home costs money

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Look at all that equity...
I bet you want to take advantage of it...
But how much will you actually get? 
Selling a home doesn't come without it's share of expenses. Let's take a look at some of the common costs associated with selling a home in Ontario.




1. Home Repairs and Improvements
Sellers may need to make repairs or improvements to their homes to make them more marketable. The cost of these can vary significantly depending on the condition of the property.
2. Commission
In many cases, sellers work with realtors to list and sell their homes. Standard commission in Ontario is around 5% of the sale price, and is shared between the buyer’s agent and the seller’s agent.

3. Legal Fees
Sellers typically hire a real estate lawyer to handle the legal aspects of the sale. Legal fees very, but generally range between $800 - $1000 depending on the complexity of the sale.

4. Pre-Sale Home Inspection
Some sellers opt to have a pre-sale inspection to identify and address any issues before listing the property. This can range from $400 - $600.
5. Mortgage Penalties
If you have a fixed-rate mortgage, and you’re selling it before the term is up, you may incur penalties. The exact amount depends on your mortgage terms and the lender.

6. Closing Adjustments
Sellers may be required to reimburse the buyer for prepaid property taxes, utility bills, or other expenses that extend beyond the closing date.



And there you have it folks. Nothing good comes for free. 
It’s important to note that the actual costs can vary based on the specifics of the transaction and the local market conditions. As well, this is just a short list. There may be further expenses not included in this post. 



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