Rebate Blog

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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A property’s past could come back to haunt you

If you live in a city with a hot housing market, any property that’s being sold at a reasonable price could catch your eye. While you may want to jump on offering a bid before it’s scooped up, take some time to research the property before doing so since there may be more than meets […]

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What cities boast the best rental markets for investors?

For many Canadians, real estate is a great place to park their savings since in some cases, the monthly rent can cover the cost of a mortgage. Location is key when renting out a place and the city’s vacancy rates and average monthly rents may factor into your decision on where to buy. A city […]

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Your Landlord Is Selling The Property. Can You Be Forced To Move Out?

If your landlord is selling the property you live in, you have certain rights during the transaction, and you have certain responsibilities. Obviously, as a tenant, you’ll have many questions to ask. When will the sale take place? Can I find a similar residence? How long do I have to make a move? Probably the […]

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GST/HST new housing rebate application for owner-built houses

If you’re a property owner filling out a GST/HST new housing rebate application, it’s important to comply with all the guidelines, and provide all the requisite paperwork. You will be using the GST/HST new housing rebate application if you’ve built a brand new house, or if you’ve made a substantial renovation to your house. How […]

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