On June 4, 2020, the Canadian Mortgage and Housing Corporation (CMHC) announced changes to the eligibility rules for mortgage insurance, in the agency’s…
Are you planning on buying a new condominium or house as a rental property? If you are planning on renting you may be eligible for a new rental property rebate. The rental property rebate, or the…
Being a landlord in Ontario isn’t an easy endeavor. But there are several reasons why becoming one is a more accessible option now. The real estate market has become inflated in recent years. At the same time, rent costs have risen sharply as well …
5 Reasons You Haven’t Received Your GST/HST New House Rebate Cheque
Published by admin
on October 28, 2020
You sent your GST/HST Rebate application to the CRA for processing 30 days ago but you haven’t received your rebate cheque yet. What happened? With more than 15 years of experience working closely with the CRA we have been able to assist our clients to receive their rebates in…
How Will Relaxed Mortgage Rules Heat Up Toronto Real Estate
Published by admin
on October 14, 2020
Expect Toronto Real Estate Prices to Stay Hot The Trudeau government is easing up on its mortgage lending rules to give home buyers more purchasing power, but real estate professionals feel that the changes will likely increase home prices in the Toronto housing market…
In 2017, the Ontario Provincial Government implemented a Non-Resident Speculation Tax (NRST), for foreign home buyers. Currently, the tax rate is set at 15% on a purchase or acquisition of interest in residential property located in the Greater Golden Horseshoe Region. Under certain circumstances, Foreign…