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Droit Ouimet-McPherson LawOttawa, ON · October 5, 2026

THE PROS AND CONS OF A REVERSE MORTGAGE IN ONTARIO: A LAWYER’S PERSPECTIVE

A reverse mortgage can be a viable financial tool for homeowners aged 55 and older who want to unlock the equity in their homes without selling or downsizing. However, as with any financial product, it comes with distinct advantages and disadvantages. Below, I’ll explain the pros and cons of reverse mortgages in Ontario to help...

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