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Updated almost 6 years ago,

User Stats

16
Posts
5
Votes
Leo Apostol
  • Hamilton, Ontario
5
Votes |
16
Posts

Adjacent property questions

Leo Apostol
  • Hamilton, Ontario
Posted

The property adjacent to my own consists of a driveway and garage. I'm my mind there would be many benefits to owning it. A few questions. Is it true if I do purchase it in my name, the two adjacent lots become one lot? Is this better or worse re: property taxes?  How do you value a property like this? What would be the mortgage process? Would a bank even consider getting into something like this? 

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