There are at least 3 things you should think about. Consider that once you’ve done that, you can longer sell the home or borrow against the home without your daughter’s consent. This limits your independence.  Further, there may be an unintended tax consequence if your daughter already owns a primary residence. Finally you may be setting up a dispute between your children and the result may not be what you intend. The other children may point out that the law presumes that your daughter holds the home in trust for you if she has given no value for the property, and so it would form part of your estate when you die unless she could prove it was a gift. So, be cautious and consult a lawyer before you head down to the Land Titles Office.