Tag Archives | rental property

New Mortgage Rules for Real Estate Investment in Canada

Interested in buying an investment property with 10% down? We have a solution for you! Click here to find out: Buy an Investment Property with 10% down (on approved credit) My wife and I are in the Carribean this week doing some research, so posting has been light. However, I want to pass along a few [...]

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What to put in an offer when you’re buying investment real estate

A friend of mine asked me this morning what clauses we usually put in an offer, when we’re helping our clients buy and sell an investment property in Ontario.  While every purchase and sale will have unique features demanding custom clauses – often a few Schedules worth of them – most of the time, we [...]

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Saving for University – Investing in Real Estate or an RESP?

One of my friends recently expressed some frustrations to me about the Registered Education Savings Plan (RESP) system for investors in Canada.  He was finding it tough to reach his savings goals through the RESP, and asked if I had any insight. I suggested that he and his wife could buy a rental property in [...]

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Local Realtor guesses Street, Money going to Haiti

Congratulations to Laura Munroe, a realtor at royal lepage here in Kitchener Waterloo, who correctly guessed the street pictured on page 2 of the pdf (or page 30 of the magazine) in ‘Kitchener Waterloo profiled in Canadian Real Estate mag’s “Areas Set To Boom”’.  The picture was taken in front of a rental property one [...]

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Kitchener Waterloo profiled in Canadian Real Estate mag’s “Areas Set To Boom”

The recent issue of Canadian Real Estate magazine has a profile of Kitchener Waterloo, Ontario in the cover story on Areas set to boom. Scroll past the cover to the second page. Click “fullscreen” below for easier reading (If you’re here for the contest, scroll down past the cover to the second page. If you [...]

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What is the Bank of Canada doing with mortgage rates?

Many people are speculating that the Bank of Canada will be raising rates.  While the consensus amongst those I speak to is that rates have nowhere to go but up (and we are closing on a loan with a 2.4% interest rate on friday, so that’s a pretty solid perspective), the question seems to be [...]

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GST Rebates & Investing in New Construction Rental Property

GST Rebates & Investing in New Construction Rental Property

In January, a number of our clients are closing on new construction rental properties, mainly in Cambridge Ontario’s Maple Grove community (355 Fisher Mills Road, north of 401, at Hespeller Rd). A few of these clients are new Real Estate Investors, and were not aware that you could apply for a GST Residential Rental Property [...]

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Report: Waterloo Vacancy Rate Falls to 1%

Canada Mortgage and Housing Corporation (CMHC) just released their Rental Market Report for the Kitchener and Guelph CMAs. This report outlines the vacancy rates, average rents, availability rates etc., and breaks the information down by category – i.e. vacancy rate for 2 bedroom apartment vs 1 bedroom apartments, or comparing rates in new apartment buildings [...]

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You can Live in Waterloo’s Bauer Lofts !

Looking to live in the luxurious Bauer Lofts? Just completed in 2009, this loft conversion of the history Bauer factory in Uptown Waterloo on King Street is one of the most desireable buildings in town – whether you’re looking for a condo, or just a great meal at the new Bauer Kitchen. (Historic facade of [...]

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Great Waterloo Home for You in RIM Park (now leased)

Great Waterloo Home for You in RIM Park (now leased)

Enjoy a BBQ on your deck near the park! Update: This condo is no longer available for rent, someone has made it their new home. For other available rental properties, please email me. Come check out your new home in the desirable family oriented neighborhood RIM Park in Waterloo, Ontario This recently built 2 story [...]

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