POTL vs Freehold in Markham: Do POTL Owners Pay Lower Property Taxes?

Buyer & Seller Guide · Markham, Ontario By Michael John Lau, REALTOR®eXp Realty, Luxury DivisionUpdated October 7, 2026 Quick answer No. In Markham, a POTL (parcel of tied land) does not get a lower property tax rate because its condo corporation pays for private road snow clearing, landscaping or w

The Markham Investorâ€s Cash-Flow Stress Test: Modelling a Renewal at 4.5% vs. 5.5%

How will a higher mortgage renewal rate affect my Markham rental property cash flow Many Markham investors who bought near the 2022 price peak are renewing at rates well above their original terms. In the example below, a condo with a $480,000 mortgage and $2,700 monthly rent has net operating incom

The Deposit Protection Guide: Wire Fraud, Bounced Bank Drafts and Default Remedies

What happens if a buyer deposit is late or fails in an Ontario home sale In most Ontario home sales, the buyer’s deposit is due within 24 hours of acceptance and is held in trust, usually by the listing brokerage. If it arrives late, the deal is not automatically cancelled: the outcome depends on th