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Rebate Blog

How to Get Maximum Value for Your Condo Rental

The real estate market in Canada is hot. Home prices are rising, and homeowners have been netting great ROI’s (Return on Investments) from their income properties. Many Canadians are opting to invest in condos as rental income properties. If you have a condo rental, or if you’re thinking of buying a condo to rent out, […]

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Should You Purchase the Condo in Toronto You’re Currently Renting?

You’re loving your rental condo in Toronto. It may be because it’s the perfect size, or because of the wide array of amenities, or because of the smile you receive every morning from your concierge. Your rental condo is everything you’re looking for, and more. But, have you considered purchasing your condo? If so, there […]

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Is the Percentage of Foreign-owned Real Estate in Canada about to Change?

The percentage of foreign-owned real estate in Canada has risen in Toronto and Vancouver in the past year, according to the Canada Mortgage and Housing Corporation (CMHC). The CMHC reported that the amount of foreign investors in Toronto and Vancouver real estate has risen, while the percentage of foreign investors in real estate in other cities […]

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Condo in the Suburbs of Toronto as an Investment – Pros and Cons

For residents of Toronto, the sight of new high-rise developments in the form of condos or apartment buildings has been a common sight for the past few years. In fact, Toronto has been the North American leader in high rise projects for the past 3 years, with 130 projects currently underway; that’s more skyscrapers than […]

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Many condo owners buy properties to live in

If you thought many condo owners only buy the property as an investment or buy them to flip them, a recent CMHC survey says otherwise. The second annual Condominium Owners Survey found that among condo owners in Toronto and Vancouver, 83.8 per cent of those surveyed said they own a condo that they live in. […]

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Ontario condo owners will soon have a less expensive way to handle issues

Many condo owners know that when it comes to resolving issues, whether it’s with a developer, a condo board, or a condo neighbour, it can become a pricey and timely endeavour with hours spent in court. This may soon change if a new Condominium Authority is created according to the Ontario government’s recently proposed Protecting […]

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Ensuring Your Eligibility for The HST Rebate in Ontario

The Ontario New Home HST Rebate is a great opportunity for homeowners who have built a new home or completed significant renovations on an existing home, either on their own or by self contracting to recuperate some of the costs. However, many property owners struggle with the eligibility requirements when applying for the Ontario New […]

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Why Work with a Tax Specialist When Applying For Your New Condo Rental Rebate? 

The HST Rebate on new condos in Ontario is a great opportunity to recover a significant chunk of costs spent on new purchases or remodels and is definitely a worthwhile endeavour. However, to the average homeowner, the application process can be confusing, stressful, and complicated. With various HST rebates in Ontario available, it can be […]

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