Archive for the 'Investment Property' Category

Devil’s Glen: One of Ontario’s Best Kept Secrets

Hidden on almost 600 acres in a secluded valley, is Devil’s Glen; one of the Collingwood area’s favourite family ski clubs.  Since it’s inception in the late 1960′s, the club has been known for it’s stunning location within the Niagara Escarpment.  Far from the hustle of city life, the Glen offers an escape to nature [...]

Short Term Rental Accommodation Hearing August 23rd.

Owners of Blue Mountain real estate, especially investment condos and chalets, will be interested in this Public Notice issued by the Town of the Blue Mountains regarding the Ontario Municipal Board Hearing about Short Term Accommodation Uses. At the heart of the issue are the proposed further regulations, in the Blue Mountains, which restrict short-term rentals.  According to [...]

How HST Will Affect Your Real Estate Transaction

One of the cool tools I have available as a blogger is a report I can access which shows the most frequently used key words that land people on my blog.  It’s always a surprise to me to see what is on peoples mind – “aluminum wiring”,  “value of a corner lot” , “best Thai [...]

Buying An Investment Condo in Collingwood -Blue Mountain: Part 4

In Parts 1, 2 and 3 of this series, we’ve looked at the things you need to consider when buying a condominium for both personal use with income potential:  • Will you be renting it out seasonally or for short time periods under 30 days?  • Do you wish to be part of a managed rental pool [...]

Buying An Investment Condo in Collingwood -Blue Mountain: Part 3

In Parts 1 and 2 of this series, we’ve looked at the things you need to consider when buying a condominium for both personal use with income potential:  • Will you be renting it out seasonally or for short time periods under 30 days?  • Do you wish to be part of a managed rental pool or, [...]

Buying An Investment Condo in Collingwood -Blue Mountain: Part 2

In Part 1, I talked about buying a condominium in Collingwood – Blue Mountain for personal use with offsetting rental income potential.  If you decide that what you need is a unit that is part of a managed rental program, read on. Buying a condo in this situation is essentially buying into a commercial venture in a [...]

Buying An Investment Condo in Collingwood -Blue Mountain: Part 1

On a regular basis, at least 2-3 times a month, I get an enquiry from someone who would like to buy a recreational condominium in the Collingwood – Blue Mountain area that they can use at certain times and rent out other times to offset their carrying costs.  It’s a terrific idea and certainly doable [...]

Maximum Ontario Rent Increase Set at 2.1 percent for 2010

The annual rent increase guideline for income properties in Ontario is set at 2.1 percent for 2010. I did a quick check of the Community Profiles on the Stats Can website to see how many dwellings are owned versus rented in the South Georgian Bay area.  Based on these 2006 figures, about 20% of all [...]

Is Your Business Accessible to People With Disabilities?

If you own a commercial building or operate a business in Ontario, you should make yourself well aware of the Accessibility for Ontarians with Disabilities Act (AODA).  Chris recently attended a seminar on the Accessibility Standards for Customer Service Regulation 2009, which is one of five parts of the being implemented between now and 2025 [...]

CMHC Home Buyers Survey Report

In part two of a survey conducted by Canada Mortgage and Housing Corporation (CMHC) across ten major centres in Canada, they found six percent of households purchased a home in 2008, down slightly from 7% in 2007. The survey further stated: • Across five of the ten markets surveyed, Halifax, Montreal, Toronto, Calgary and Vancouver, 17% [...]

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