Real estate investors, cottage owners could be hit with bigger tax bill following Ottawa's capital gains change
Real estate investors who sell properties other than their primary residence and have a total gain of more than $250,000 will have to pay 33 per cent more tax.
Categories
Recent Posts
Sellers in Airdrie delay listing, see market decline as they finish renovations
Interest rate predictions, Vancouver losing its lustre, the Home of the Week and more top real estate stories
Home of the Week: Five-minute tour in the dark sells couple on downtown Toronto condo
Size bonus helps, but needed upgrades drag on Vancouver condo sale
Frank Gehry's 'legacy' Toronto condo moving ahead, but second tower paused due to market crash
More rentals are sitting empty in Canada. But it’s not enough to relieve housing affordability, CMHC says
Agincourt bungalow sellers test out more than a dozen prices, including $1
Will Toronto’s land use plans meet the moment?
North York semi sells over asking despite unusual address
This year’s Princess Margaret lottery prize was an $8.5-million mansion. So why did it sell for $4.3 million?
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "