007Realty
C01$553,900−6.7%C02$751,100−15.8%C08$499,900−6.4%C10$597,900−1.5%C11$428,300−6.3%C14$558,700−10.1%C15$504,400−7.3%DURH · PICK$474,800−7.4%E01$589,300−4.6%E02$731,300−0.2%E06$561,400−3.0%E07$468,400−10.9%E08$472,700−7.7%E09$434,400−10.8%HALT · OAKV$562,000−6.1%PEEL · BRAM$403,100−13.1%PEEL · MISS$496,000−6.9%W01$546,600−4.8%W02$586,700−7.0%W06$602,700−5.0%YORK · MARK$520,300−10.3%YORK · RICH$485,900−14.2%YORK · VAUG$525,800−5.4%

Guides Insights

What we would tell you before you sign.

Four guides, written for people about to commit to a pre-construction purchase or to sell a contract they already hold, and analysis of what each TRREB release shows. Each says when it was written and what has changed since — on this subject the date is part of the fact.

Analysis

Guides

01

How assignment profit is actually calculated

The cheque an assignor receives is not the profit — most of it can be their own deposit coming back. The arithmetic with its assumptions stated, the costs that come off it, and the case where the value falls.

First published March 2023

04

Tax on assignment sales in Ontario

Our original article has been withdrawn: the GST/HST rules changed in May 2022 and the flipping rule arrived in January 2023. What changed, and what to put to an accountant.

First published March 2023

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Get in touch

Tell us the number you can put down, and when.

That one answer decides most of the rest — which releases you can act on, whether a 20 per cent extended schedule is workable, and whether an assignment with deposits already paid is the cheaper way in.

If you already hold a contract and are thinking about selling it, send the project name and your firm date. We will tell you what your agreement permits before quoting a price.

Telephone
(647) 718-1876
Email
info@007realty.ca
Office
813-33 Bay Street, Toronto, ON M5J 2Z3
Hours
Monday to Saturday, 9am–7pm

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