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 !!!

Brampton • Mississauga • Toronto • York • Oakville • Burlington • Milton • Etobicoke

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© 2021 All rights reserved. Toronto Real Estate Board (TREB) assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Amrish Prashar | Sales Person | CENTURY 21 LEGACY LTD., BROKERAGE Independently Owned & Operated

7461 Pacific Cir, Mississauga, ON L5T 2A4 | 905-672-2200


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