Wednesday, January 23, 2019

Foreign Buyer Tax Surprise - Toronto

Yes! Welcome to Canada!

Welcome to the Toronto GTA 

Glad you would like to put down roots; raise a family, build a life here with us.  Effective April 2017;

You are subject to a Foreign Buyers Tax of 15% in Ontario... 

You must pay this tax if;

foreign national, as defined in the Immigration and Refugee Protection Act (Canada), is an individual who is not a Canadian citizen or permanent resident of Canada.
permanent resident means a person who has acquired permanent resident status and has not subsequently lost that status under section 46 of the Immigration and Refugee Protection Act (Canada).

There are a few exceptions by type of property, residential vs commercial and marital status.

Non - Resident Speculation Tax. 

Time to Buy?  Call 647 218 2414 

Monday, January 14, 2019

Do you really want to be a landlord ???

Why would anyone ever want to be a landlord? Not only will you be subsidizing the person who leases your place (since it costs you more to own than you are receiving monthly), but you’re now obligated to look after this human. Yeah, just like a beagle. The heat and water have to work. The appliances, too. No safety issues. No outstanding repairs. Functioning toilets. And a tough time getting rid of someone, even if they don’t pay the rent. All so you can lose money? Huh?

or you could take a few courses 

Gird your loins with Harry Fine   Paralegal and prepare yourself

Everything has changed in the last 36 months....

Lets talk    647 218 2414 

I still believe in long term investment in real estate to build equity.   This is a ten and 15 year plan; not 9 months.

3D Tours - Virtual OPEN HOUSE

3D Virtual OPEN HOUSES are possible with a Matterport Camera and HOSTING by Matterport  

Sample Condo 

or Best Display of a Luxury Home in Mississauga

If a picture speaks a thousand words imagine the impact of a Matterport 3D Tour with 360°  views. Your condo available to thousands of new Buyers, shared by enthusiasm and social media. 

Virtual tours are hosted for a minimum 6 month period, so that you can use them in additional eBlast Marketing.

[Tours] can be embedded into a website or blog you control,  resized, like you would a YouTube video; they can be linked to TREB Virtual Tours. 

Cost is a minimum of $150 for the first 1,000 square feet then 15 cents psf there after.

Trimming of the model is onsite. (ESTABLISH WINDOW DOORS AND MIRRORS)  Time for scan is approximately one hour per 1,000 square feet.  More open space, timing is faster.  Additional Rooms take more time and more scans. Any camera position can be loaded as 360 degree camera view or high res image.

Floor plans are available at $50 per property.  (turn around 48 Hours) 

Bookings require good daytime lighting. ( near noon is best )

If you would like to schedule a scan contact

If you would like this included with your listing call 647.218.2414 

*Not intended to solicit properties currently under contract