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Forum: Canada

Jan 19th 2018, 11:33 pm

Replies: 116

How realistic are my expectations? London to Toronto

Views: 9,468

Posted By scilly

Re: How realistic are my expectations? London to Toronto

have you checked the weather???

Ottawa is the 7th coldest capital in the world

I still do not believe that 1.5 million is enough of a cushion to allow you to buy a house and 2 properties for...

Forum: Canada

Jan 15th 2018, 9:18 pm

Replies: 116

How realistic are my expectations? London to Toronto

Views: 9,468

Posted By scilly

Re: How realistic are my expectations? London to Toronto

I don't see any cushion in case .........

any of the properties need minor repairs or major renovation before being suitable for letting out

you don't get a job immediately and have money...

Forum: Canada

Jan 15th 2018, 8:20 pm

Replies: 116

How realistic are my expectations? London to Toronto

Views: 9,468

Posted By scilly

Re: How realistic are my expectations? London to Toronto

It was due to the huge increase in value of the house, which was on 1 acre of land although within city limits. She had also made a large profit when selling her main residence a few months before....

Forum: Canada

Jan 15th 2018, 8:16 pm

Replies: 116

How realistic are my expectations? London to Toronto

Views: 9,468

Posted By scilly

Re: How realistic are my expectations? London to Toronto

Our one-time neighbour rented out the house next door to us for almost 30 years ............. he had some very good tenants, he had others who were terrible. A couple caused major damage to the...

Forum: Canada

Jan 15th 2018, 2:58 am

Replies: 116

How realistic are my expectations? London to Toronto

Views: 9,468

Posted By scilly

Re: How realistic are my expectations? London to Toronto

I don't object to paying tax on a gain .............. but it is something that a newbie might not expect to do, especially if they were planning on using the secondary house(s) to provide for...

Forum: Canada

Jan 14th 2018, 11:57 pm

Replies: 116

How realistic are my expectations? London to Toronto

Views: 9,468

Posted By scilly

Re: How realistic are my expectations? London to Toronto

You should also realise that selling a house that is not your primary residence can lead to a huge tax bill, depending on how much the assessment has risen on the secondary property since since you...

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