Ontario’s Non-Resident Speculation Tax

Ontario’s Non-Resident Speculation Tax

The Non-Resident Speculation Tax (NRST) is a 25% tax in addition to the general Land Transfer Tax (LTT). This tax applies to residential properties purchased anywhere in the Greater Toronto for non-citizens and non-permanent residents of Canada who are buying a house...
MAKE YOUR PROPERTY ATTRACTIVE WITH MINOR IMPROVEMENT

MAKE YOUR PROPERTY ATTRACTIVE WITH MINOR IMPROVEMENT

In Canada, there are currently 5000,000.00 renter households (or 33% of the population) and up. Since the last decade the number of renters has increased to 4.1 million (almost three times as in the past decade). The ranks of Canadian renters are growing fast,...
How to Invest & Maintain Your Property

How to Invest & Maintain Your Property

There are numerous tax benefits to investing in North York & York Region real estate. These benefits are a big reason many investors choose to diversify their portfolio by purchasing single- or multi-family rental properties. -Maximize Your Return of Investment:...
How Does a Homeowner Evict a Tenant in Ontario?

How Does a Homeowner Evict a Tenant in Ontario?

Evictions are an unpleasant yet necessary part of property management. Property owners are often hesitant to evict a tenant and use it only as a last solution. But, delaying eviction falls off cash flow, directly impacting Return-On-Investment (ROI). So, how can you...