UPDATE: The Ministry of Finance has developed some administrative flexibility regarding the Non‑Resident Speculation Tax rebates and the requirement to occupy a home as a principal residence within 60 days of its purchase. This administrative flexibility will be applied only to purchases that occurred between January 17, 2020 and July 24, 2020, the date the Government of Ontario's state of emergency...
There are success and failure stories in real estate investment industry. It is important that you ask professional realtor or investor before you make your investment decisions. Here is few tips, which may help to shed some light. One hand you can laverage mortgage with calculated risk, however, real estate investment is long term goal. Investors will not liquidate funds, in case you need fund quickly....
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