2018 – Toronto Investment Report
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This week’s Tax Sales include townships in Newmarket, Minden Hills, Port Hope, Brooke-Alvinston, Welland and Sudbury. You can download the copy of this week’s tax sales below. Ontario Tax Sales – August 15th, 2016
[file_download style=”1″][download title=”Ontario%20Tax%20Sales%20-%20August%208th%2C%202016%20-%20Newmarket” icon=”style1-Pdf-64×64.png” file=”http://www.youngrealty.ca/wp-content/uploads/2016/08/August-8th-2016-Ontario-Tax-Sales.pdf” package=”” level=”” new_window=”Y”]Tax%20sales%20for%20the%20week%20of%20August%201st%2C%202016.%20These%20properties%20offer%20deeply%20discounted%20homes%20and%20condos%20in%20municipalities%20all%20across%20the%20province%20of%20Ontario.%3Cbr%2F%3E%3Cbr%2F%3ETenders%20must%20be%20submitted%20in%20the%20prescribed%20form%20and%20must%20be%20accompanied%20by%20a%20deposit%20in%20the%20form%20of%20a%20money%20order%20or%20of%20a%20bank%20draft%20or%20cheque%20certified%20by%20a%20bank%20or%20trust%20corporation%20payable%20to%20the%20municipality%20and%20representing%20at%20least%2020%20per%20cent%20of%20the%20tender%20amount.%3Cbr%2F%3E%3Cbr%2F%3EExcept%20as%20follows%2C%20the%20municipality%20makes%20no%20representation%20regarding%20the%20title%20to%20or%20any%20other%20matters%20relating%20to%20the%20land%20to%20be%20sold.%20Responsibility%20for%20ascertaining%20these%20matters%20rests%20with%20the%20potential%20purchasers.%3Cbr%2F%3E%3Cbr%2F%3EThis%20sale%20is%20governed%20by%20the%20Municipal%20Act%2C%202001%20and%20the%20Municipal%20Tax%20Sales%20Rules%20made%20under%20that%20Act.%20The%20successful%20purchaser%20will%20be%20required%20to%20pay%20the%20amount%20tendered%20plus%20accumulated%20taxes%2C%20HST%20if%20applicable%20and%20the%20relevant%20land%20transfer%20tax.%3Cbr%2F%3E%3Cbr%2F%3EThe%20municipality%20has%20no%20obligation%20to%20provide%20vacant%20possession%20to%20the%20successful%20purchaser.[/download][/file_download]
[file_download style=”1″][download title=”Ontario%20Tax%20Sales%20-%20August%201st%2C%202016″ icon=”style1-Pdf-64×64.png” file=”http://www.youngrealty.ca/wp-content/uploads/2016/08/Ontario-Tax-Sales-August-1st-2016.pdf” package=”” level=”” new_window=”Y”]Tax%20sales%20for%20the%20week%20of%20August%201st%2C%202016.%20These%20properties%20offer%20deeply%20discounted%20homes%20and%20condos%20in%20municipalities%20all%20across%20the%20province%20of%20Ontario.%3Cbr%2F%3E%3Cbr%2F%3ETenders%20must%20be%20submitted%20in%20the%20prescribed%20form%20and%20must%20be%20accompanied%20by%20a%20deposit%20in%20the%20form%20of%20a%20money%20order%20or%20of%20a%20bank%20draft%20or%20cheque%20certified%20by%20a%20bank%20or%20trust%20corporation%20payable%20to%20the%20municipality%20and%20representing%20at%20least%2020%20per%20cent%20of%20the%20tender%20amount.%3Cbr%2F%3E%3Cbr%2F%3EExcept%20as%20follows%2C%20the%20municipality%20makes%20no%20representation%20regarding%20the%20title%20to%20or%20any%20other%20matters%20relating%20to%20the%20land%20to%20be%20sold.%20Responsibility%20for%20ascertaining%20these%20matters%20rests%20with%20the%20potential%20purchasers.%3Cbr%2F%3E%3Cbr%2F%3EThis%20sale%20is%20governed%20by%20the%20Municipal%20Act%2C%202001%20and%20the%20Municipal%20Tax%20Sales%20Rules%20made%20under%20that%20Act.%20The%20successful%20purchaser%20will%20be%20required%20to%20pay%20the%20amount%20tendered%20plus%20accumulated%20taxes%2C%20HST%20if%20applicable%20and%20the%20relevant%20land%20transfer%20tax.%3Cbr%2F%3E%3Cbr%2F%3EThe%20municipality%20has%20no%20obligation%20to%20provide%20vacant%20possession%20to%20the%20successful%20purchaser.[/download][/file_download]
[file_download style=”2″][download title=”Ontario%20Tax%20Sales%20-%20July%2025th%2C%202016%20-%20East%20Qwillimbury” icon=”style1-Pdf-64×64.png” file=”http://www.youngrealty.ca/wp-content/uploads/2016/07/Ontario-Tax-Sales-July-25th-2016.pdf” package=”” level=”” new_window=”Y”]Tax%20sales%20for%20the%20week%20of%20July%2025th%2C%202016.%20These%20properties%20offer%20deeply%20discounted%20homes%20and%20condos%20in%20municipalities%20all%20across%20the%20province%20of%20Ontario.%3Cbr%2F%3E%3Cbr%2F%3ETenders%20must%20be%20submitted%20in%20the%20prescribed%20form%20and%20must%20be%20accompanied%20by%20a%20deposit%20in%20the%20form%20of%20a%20money%20order%20or%20of%20a%20bank%20draft%20or%20cheque%20certified%20by%20a%20bank%20or%20trust%20corporation%20payable%20to%20the%20municipality%20and%20representing%20at%20least%2020%20per%20cent%20of%20the%20tender%20amount.%3Cbr%2F%3E%3Cbr%2F%3EExcept%20as%20follows%2C%20the%20municipality%20makes%20no%20representation%20regarding%20the%20title%20to%20or%20any%20other%20matters%20relating%20to%20the%20land%20to%20be%20sold.%20Responsibility%20for%20ascertaining%20these%20matters%20rests%20with%20the%20potential%20purchasers.%3Cbr%2F%3E%3Cbr%2F%3EThis%20sale%20is%20governed%20by%20the%20Municipal%20Act%2C%202001%20and%20the%20Municipal%20Tax%20Sales%20Rules%20made%20under%20that%20Act.%20The%20successful%20purchaser%20will%20be%20required%20to%20pay%20the%20amount%20tendered%20plus%20accumulated%20taxes%2C%20HST%20if%20applicable%20and%20the%20relevant%20land%20transfer%20tax.%3Cbr%2F%3E%3Cbr%2F%3EThe%20municipality%20has%20no%20obligation%20to%20provide%20vacant%20possession%20to%20the%20successful%20purchaser.%3Cbr%2F%3E%3Cbr%2F%3E[/download][/file_download]
[file_download style=”2″][download title=”Ontario%20Tax%20Sales%20-%20July%2018th%2C%202016%20-%20Iroquis%20Falls” icon=”style1-Pdf-64×64.png” file=”http://www.youngrealty.ca/wp-content/uploads/2016/07/Ontario-Tax-Sales-July-182016.pdf” package=”” level=”” new_window=”Y”]Tax%20sales%20for%20the%20week%20of%20July%2018th%2C%202016.%20%20These%20properties%20offer%20deeply%20discounted%20homes%20and%20condos%20in%20municipalities%20all%20across%20the%20province%20of%20Ontario.[/download][/file_download]
Willie Sutton was the most prolific bank robber of the 1920s and 30s, over $2 million in money stolen which is the equivalent of tens of millions in today’s dollar amount. When Willie was caught, he was interviewed by a local reporter, and the reporter asked him why he stole from the banks? What transpired …
The Canada Revenue Agency (CRA) has a new state-of – the-art computer system with well-written software designed to review virtually every sale of a residential property – – condos, townhouses, semi-detached and detached homes – – to reassess for taxes payable. The CRA Audit Divisions are reviewing virtually EVERY sale of a residential home back …
New Rules The Canadian Revenue Agency Doesn’t Want you to Know About.Read More »
In a recently well covered news story of a developer, (Belcourt Developments Inc) who sold off property and claimed it as capital gain as opposed to what the CRA wanted, income tax, there are some key lessons every real estate investor must know when looking to get into AND to stay in the real estate …
Capital vs. Income Tax, what you don’t know will hurt you.Read More »