While Toronto has stood near the top of several “most dynamic Canadian market” lists for years now, the city is gradually running out of land for properties, and a realtor pointed at this fact as the main reason for swollen prices. Thomas Bosley, third-generation president and broker of record of Bosley Real Estate Ltd., […]
Toronto Real Estate Posts
Higher tax on capital gains unlikely to deter property investment
There’s speculation that the federal budget coming Tuesday will include a tax measure that would hit people buying and then selling investment properties in hot housing markets. That’s not how higher taxes on capital gains would be billed, but people buying investment properties in addition to their principal residences would be affected. In reality, […]
