Property

Fixer Upper – The Pros and Cons

Investing in a fixer-upper is one of your many options in real estate. However, it does bring up some important questions like are you prepared to live in a renovating home? Contractor Jonathan Scott and real estate agent, Drew Scott discuss the pros and cons of buying a property that isn’t move-in ready. Learn More …

Fixer Upper – The Pros and Cons Read More »

CMHC announces new rules to make it easier for homeowners to rent out property

In this Financial Post article, Garry Marr discusses the impact of upcoming changes from Canada Mortgage and Housing Corp (CMHC) that will permit homeowners to count 100% of the income from their secondary units when qualifying for a loan.  Currently, homeowners with legal units can only count 50% of the income from legal rentals.  By …

CMHC announces new rules to make it easier for homeowners to rent out property Read More »