Amrish Prasher Real Estate

Finding the Right Opportunity

Investment Considerations

Even though today’s house prices still remain high in most markets (i.e., Greater Toronto Area ) mortgage interest costs are at historic lows. And owning your own home has a number of advantages. For example, owning your house is a great tax shelter. That’s because gains on your principal residence are exempt from capital-gains taxes. Note, though, that this benefit only applies to your principal residence. You must still pay tax on gains on the sale of a recreational property, such as a cottage or a ski chalet. But these properties generally appreciate at a much slower rate than, say, a home in a major urban centre.

How I can Help

Similar to your principal residence, you’ll want to purchase a rental property in a decent neighborhood that’s attractive to tenants. Quality tenants will be attracted to your property if a major employer, like a hospital, is nearby. While a rental property is certainly an active investment, you can choose to be as involved as you like. With a myriad of resources at my behest, I can find the best investment opportunity for you.

Set up a session with me today for a free consultation !!!