I am choosing Ontario because I am from Ontario and just feel more comfortable it being there. I go home every summer and can take a look. I have recently found out that the RBC offers a mortgage for 25% down but they also charge a 1% lender fee on the mortgage amount. Its something I can live...
I have been looking in the Southern Ontario area (Kingstone, Belleville, Ottawa). The withholding tax doesn't really bother me because you really only pay it once and I am not expecting to net that much anyway to make it an issue. Yes paying 30% down is an option but that takes away from the...
Hi
I am a Canadian Expat living in Saudi Arabia but looking to start investing in property in Canada. We were hoping to purchase a few properties over the next few years but I was looking for some advice from Brokers on what would be the best way to do that. As an Expat, its very difficult to...
Hello Everyone
I am a Canadian Expat considering the purchase of some investment property in Ontario. I have a partner who lives in Canada and we had a few questions that maybe some of the experts can answer.
1. We have approached a Commercial Mortgage Broker and were told that their fees were...