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Rebate Blog

Good Reasons to Buy an Investment Property Right Now

Many middle-agers are asking themselves whether their money is working hard enough. This is because today’s typical investment portfolio generates little return on investment compared with the good old days. Unless that investment portfolio is prepared to take on some risk, the returns are basically lackluster. Many believe that real estate investments are different – […]

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Did You Purchase a Condo as an Income Property? You Might be Eligible for a Significant HST Rebate

If you’ve made a purchase of a brand new condominium from a builder, you might qualify for an HST Rebate of up to $30,000. For those who plan to use the condo as an income property, thereâ’s an opportunity to claim a rebate through the government’s HST Rental Rebate Program. With the right documentation in […]

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Brexit and Canadian Mortgage Rates: What’s next?

United Kingdom’s vote to leave the European Union (dubbed ‘Brexit‘) has shocked the world. Frankly, the panic that it has caused has been spreading like wildfire. From David Cameron’s sudden resignation, Nigel Farage’s condemnation of the EU to the real possibility of EU break-ups, Europe’s economy is facing uncertain times. The UK currency, the pound, […]

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How Foreign Investment Will Influence the Condo Market in Toronto in 2016

International buyers are not loosening their grip on the Canadian housing market. Foreign investors may not have expanded their reach all over Canada, but they show much interest in Canadian condos, especially in major cities such as Toronto and Vancouver. With continued foreign investment in the Canadian housing market, we could be looking at a […]

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Rent and Property Increases in Toronto and the GTA: Is It a Good Time to Buy an Investment Property?

It’s common knowledge that housing and rent prices are soaring in Toronto and the GTA. But is it a good time to invest in the real estate with an income property? Let’s discuss some important factors to consider if you’re thinking of purchasing real estate as an investment property.

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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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Ways to Reinvest Your HST Residential Rental Property Rebate

The New Residential Rental Property Rebate (also known as the NRRP Rebate) is made available to landlords and property owners who meet the guidelines specified by Canada Revenue Agency. The NRRP Rebate is available only to property owners who have paid the HST on a property purchased to be used as a residential rental property. […]

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How the HST Housing Rebate Can Help You Own a Home

If you’re planning to build a new house, or planning to make substantial renovations on an existing house, you could qualify for Ontario’s HST housing rebate. You’ll need to comply with CRA rules and regulations and provide all of the supporting paperwork for the rebate claim. In addition to owner-built homes, the HST housing rebate […]

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