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The real estate market in Toronto has been one of the hottest and most stable markets in Canada. Toronto is the financial capital of Canada, making it an attractive location for real estate investments. As the city continues to grow and attract more people, it's important to look at the future of real estate investing in Toronto.

One of the main factors that make Toronto a great place to invest in real estate is its stable economy. Toronto is home to many Fortune 500 companies, making it a great location for business and investment. The city has also seen steady population growth over the years, which has driven up demand for real estate.

Another factor that makes Toronto an attractive location for real estate investment is its diverse population. The city is home to people from all over the world, and this diversity has contributed to the stability of the real estate market. This diversity has also made Toronto a popular destination for immigrants, which has driven up demand for housing.

One of the future trends in Toronto real estate investing is the rise of technology. Technology has already had a significant impact on the real estate market, and this trend is expected to continue. For example, virtual reality tours have made it easier for investors to view properties from anywhere in the world. This has made it easier for investors to make informed decisions about real estate investments.

Another trend in Toronto real estate investing is the rise of sustainable and green buildings. As the world becomes more conscious of the impact of climate change, sustainable and green buildings are becoming increasingly popular. This trend is expected to continue in Toronto, with more developers building sustainable and green buildings to meet the demands of environmentally conscious consumers.

In addition, the rise of co-living and co-working spaces is also expected to impact the real estate market in Toronto. These types of spaces are becoming increasingly popular, especially among millennials who are looking for more flexible living and working arrangements. This trend is expected to continue in Toronto, with more developers and investors looking to capitalize on the growing demand for co-living and co-working spaces.

The future of real estate investing in Toronto also depends on government policies and regulations. For example, the introduction of the foreign buyer tax in Vancouver had a significant impact on the real estate market in that city. It's possible that similar policies could be introduced in Toronto, which could impact the real estate market in the city.

In addition, the COVID-19 pandemic has also had a significant impact on the real estate market in Toronto. The pandemic has led to changes in consumer behavior, with more people working from home and spending more time indoors. This has led to increased demand for larger homes and homes with outdoor spaces. It's possible that this trend could continue even after the pandemic is over.

When it comes to investing in real estate in Toronto, it's important to work with a trusted and experienced real estate agent who understands the local market. A good real estate agent can help you navigate the market and find the right investment opportunities. It's also important to do your own research and stay informed about market trends and government policies that could impact the real estate market.

In conclusion, the future of real estate investing in Toronto looks bright. The city's stable economy, diverse population, and growing demand for sustainable and flexible living and working spaces make it an attractive location for real estate investment. However, it's important to stay informed about market trends and government policies that could impact the real estate market. With the right information and guidance, investors can make informed decisions about real estate investments in Toronto.

Investing in real estate can be a lucrative way to build wealth and generate passive income. However, just like any investment, there comes a time when you may need to exit your Toronto real estate investment. Whether it's to free up capital, rebalance your portfolio, or simply take profits, it's important to have a plan in place to exit your investment.

Here are some tips on how to exit a Toronto real estate investment:

1. Determine your goals: The first step in exiting your investment is to determine your goals. Are you looking to free up capital to invest in another property or asset class? Are you looking to cash out completely? Understanding your goals will help you determine the best course of action.
2. Evaluate the market: Before you make any decisions about exiting your investment, it's important to evaluate the market conditions. Are property values in your area increasing or decreasing? Is there a high demand for rental properties? Understanding the market conditions will help you determine the best time to exit your investment.
3. Consider your tax implications: Depending on the type of investment and how long you've held it, you may face tax implications when exiting your investment. Consult with a tax professional to understand the tax implications and how to minimize them.
4. Decide on a strategy: Once you've evaluated the market and considered your tax implications, it's time to decide on a strategy for exiting your investment. Some options include:

• Selling the property: This is the most straightforward option. You can sell the property and use the proceeds to reinvest or allocate to other assets.
• Refinancing: If you have built up equity in the property, you may be able to refinance the property and use the cash to invest elsewhere.
• Renting the property: If the property is generating cash flow, you may choose to hold onto it and continue to generate income.

5. Communicate with your team: If you have a team of professionals helping you with your investment, such as a property manager, real estate agent, or financial advisor, it's important to communicate with them about your plans to exit the investment. They can help guide you through the process and ensure a smooth transition.
6. Execute your plan: Once you've decided on a strategy and communicated with your team, it's time to execute your plan. This may involve listing the property for sale, refinancing the property, or finding new tenants.

Exiting a real estate investment can be a complex process, but with a clear plan in place, it can be a smooth transition. By understanding your goals, evaluating the market, and considering your tax implications, you can make informed decisions about how to exit your investment.

Networking is essential in any industry, and the Toronto real estate market is no exception. Whether you are a new investor looking to break into the market or an experienced investor looking to expand your portfolio, networking can be the key to your success. Here are some reasons why networking is important in Toronto real estate investing, as well as some tips for getting started.

1. Building Relationships: Networking allows you to build relationships with other investors, real estate agents, property managers, and other professionals in the industry. These relationships can be beneficial in many ways, such as finding potential investment opportunities, learning about market trends, and getting advice from experienced professionals.
2. Access to Information: Networking gives you access to information that you may not have otherwise. For example, if you are looking to invest in a particular area of Toronto, you can talk to local real estate agents, property managers, and other investors to learn about the area's rental rates, vacancy rates, and other important factors that could affect your investment.
3. Finding Partners: Networking can also help you find potential partners for your real estate investments. Whether you are looking for a co-investor for a particular property or someone to work with on a larger project, networking can help you find the right person.
4. Learning from Others: Networking also gives you the opportunity to learn from others who have more experience or knowledge than you. You can ask questions, get advice, and learn from their successes and failures.

Tips for Networking in Toronto Real Estate Investing

1. Attend Real Estate Events: Toronto has a vibrant real estate community, and there are many events and conferences that you can attend to network with other investors and industry professionals. Look for events that are specifically focused on real estate investing, such as seminars or workshops.
2. Join a Real Estate Investment Club: Joining a real estate investment club can be a great way to meet other investors and learn from their experiences. These clubs often have regular meetings or events where you can network with other members and hear from guest speakers.
3. Use Social Media: Social media platforms like LinkedIn, Twitter, and Instagram can be great tools for networking in the real estate industry. Follow other investors, real estate agents, and industry professionals, and engage with them by commenting on their posts or sharing their content.
4. Volunteer for Real Estate Organizations: Volunteering for organizations like the Toronto Real Estate Board or Habitat for Humanity can be a great way to meet other industry professionals and give back to the community at the same time.
5. Be Prepared: When networking, it's important to be prepared. Have a clear idea of what you are looking for, whether it's a particular investment opportunity or a potential partner, and be ready to explain what you can bring to the table.

In conclusion, networking is a crucial component of success in Toronto real estate investing. By building relationships, accessing information, finding partners, and learning from others, you can increase your chances of success in the industry. So get out there and start networking today!

Investing in real estate can be a great way to build wealth and secure your financial future, but it can also be a complex and time-consuming process. One way to simplify the process and reduce your risk is to work with a real estate investment group (REIG). These groups are made up of investors who pool their money to buy and manage real estate properties. If you're considering working with a REIG in Toronto, here's what you need to know:

What is a Real Estate Investment Group?

A real estate investment group is a group of investors who pool their resources to buy and manage real estate properties. REIGs can be formed by friends, family, or colleagues who are interested in investing in real estate together. Alternatively, REIGs can be formed by professional investment companies that specialize in buying and managing real estate properties.

How Do REIGs Work?

REIGs typically operate by having each member contribute a set amount of money to a common investment fund. The REIG then uses this money to buy and manage real estate properties. Members of the REIG typically receive a percentage of the profits from the properties, proportional to their contribution to the fund.

REIGs can invest in a variety of real estate properties, including residential, commercial, and industrial properties. Some REIGs specialize in a specific type of property, while others invest in a variety of properties.

Pros of Working with a REIG in Toronto

Working with a REIG in Toronto can offer a number of advantages for investors, including:

1. Reduced Risk: By pooling resources and investing in multiple properties, REIGs can spread risk and reduce the potential for losses.
2. Access to Expertise: REIGs are often managed by professionals with experience in real estate investing. This can provide investors with access to expertise that they might not have on their own.
3. Passive Investing: REIGs offer a passive way to invest in real estate, allowing investors to benefit from real estate investing without having to actively manage properties themselves.
4. Diversification: REIGs can invest in a variety of real estate properties, providing investors with a diversified portfolio.

Cons of Working with a REIG in Toronto

Working with a REIG in Toronto may also have some disadvantages, including:

1. Limited Control: REIGs are typically managed by a board of directors or an investment manager. This means that investors may have limited control over the investment decisions made by the group.
2. Fees and Expenses: REIGs may charge fees and expenses for managing the properties. These fees can reduce the overall return on investment for investors.
3. Limited Liquidity: REIGs are typically long-term investments, and it may be difficult to sell your investment if you need to access your funds quickly.

How to Work with a REIG in Toronto

If you're interested in working with a REIG in Toronto, here are some steps to take:

1. Research REIGs: Research different REIGs in the Toronto area to find one that matches your investment goals and preferences.
2. Attend Meetings: Attend meetings and events hosted by the REIG to learn more about the group and its investment strategies.
3. Join the REIG: Once you've found a REIG that you're interested in, join the group by contributing to the common investment fund.
4. Monitor Your Investment: Keep track of your investment in the REIG, and attend meetings and events to stay up to date on the group's investment strategies and performance.

Working with a REIG in Toronto can be a great way to invest in real estate without having to manage properties on your own. However, it's important to do your research and choose a REIG that matches your investment goals and preferences. By taking the time to find the right REIG and monitoring your investment, you can make sure everything is in order.

Toronto is a highly desirable real estate market, with many investors looking to get in on the action. However, not everyone is ready or able to buy a property in the city. Luckily, there are other ways to invest in Toronto real estate without buying property outright. In this article, we’ll explore some of these options.

1. Real Estate Investment Trusts (REITs): A real estate investment trust (REIT) is a company that owns and manages income-generating real estate properties. REITs allow investors to buy shares in a portfolio of properties without having to buy the properties themselves. When you invest in a REIT, you receive a portion of the income generated by the properties. REITs are a popular way to invest in real estate without buying property because they provide diversification and liquidity, and they can be bought and sold like stocks.
2. Real Estate Mutual Funds: Another way to invest in real estate without buying property is through real estate mutual funds. These funds invest in real estate companies, including REITs, construction companies, and property management firms. Real estate mutual funds allow investors to participate in the real estate market while spreading out their investments across multiple companies.
3. Real Estate ETFs: A real estate exchange-traded fund (ETF) is similar to a mutual fund, but it is traded like a stock. Real estate ETFs invest in companies that own and manage real estate properties. Like REITs and real estate mutual funds, real estate ETFs provide diversification and liquidity. However, they may also have lower expense ratios than mutual funds.
4. Real Estate Crowdfunding: Real estate crowdfunding allows investors to pool their money together to invest in real estate projects. Crowdfunding platforms connect investors with real estate developers who are looking for funding. Investors can choose which projects to invest in based on their individual goals and risk tolerance. Real estate crowdfunding can be a good option for investors who want to get involved in real estate but don't have a lot of capital to invest.
5. Real Estate Investment Clubs: Real estate investment clubs are groups of like-minded investors who pool their resources to buy real estate properties. Members of these clubs can share knowledge and resources, and they can take advantage of group buying power to acquire properties that they might not be able to buy on their own. Investment clubs can be a good option for investors who want to learn more about real estate investing and build a network of fellow investors.
6. Private Real Estate Funds: Private real estate funds are typically only available to accredited investors. These funds pool money from investors to buy and manage real estate properties. Private real estate funds can provide high returns, but they also come with higher risks. Investors should carefully consider the investment strategy and track record of any private real estate fund before investing.

In conclusion, there are many ways to invest in Toronto real estate without buying property outright. Each of these options has its own advantages and risks, so investors should carefully consider their options and do their due diligence before investing. With the right approach, investing in Toronto real estate can be a profitable and rewarding experience.

Investing in commercial real estate can be an excellent way to diversify your portfolio and generate passive income. However, it can be challenging to know where to start and what to look for in a commercial property. In this article, we will discuss how to invest in commercial real estate in Toronto.

1. Understand the Market: The first step in investing in commercial real estate is to understand the market. In Toronto, the commercial real estate market is diverse and dynamic, with a variety of property types and submarkets. To make informed investment decisions, it is essential to understand the trends and drivers of demand in each submarket, such as office, retail, industrial, and multi-family.
2. Determine Your Investment Goals: Before investing in commercial real estate, it is essential to determine your investment goals. This includes determining your risk tolerance, return expectations, and investment time horizon. Commercial real estate investments typically offer higher returns than other types of investments but also carry higher risks.
3. Choose the Right Property Type: There are several types of commercial properties to choose from, including office, retail, industrial, and multi-family. Each type of property has its unique characteristics, risks, and opportunities. It is essential to choose the right property type that aligns with your investment goals and risk tolerance.
4. Find a Good Location: Location is critical when investing in commercial real estate. You want to look for properties in prime locations with high demand, such as areas with high foot traffic, proximity to transportation, and close to major commercial centers. In Toronto, some of the most desirable locations for commercial real estate include the downtown core, the financial district, and the entertainment district.
5. Analyze the Property Financials: Before investing in any commercial property, it is essential to conduct thorough due diligence and analyze the property's financials. This includes reviewing the income and expense statements, assessing the property's cash flow, and evaluating the property's potential for appreciation. You want to ensure that the property generates enough income to cover its expenses and provides a reasonable return on your investment.
6. Get Financing: Commercial real estate investments typically require significant capital, and it can be challenging to secure financing. It is essential to have a solid business plan, a strong credit score, and a substantial down payment to qualify for a commercial real estate loan. You may also consider partnering with other investors or using alternative financing options, such as crowdfunding or seller financing.
7. Manage the Property: Once you have acquired a commercial property, it is essential to manage it properly. This includes ensuring the property is well-maintained, collecting rent on time, and addressing tenant concerns promptly. You may consider hiring a property manager or joining a real estate investment group to help manage the property.
8. Consider Tax Implications: Investing in commercial real estate can have significant tax implications. It is essential to consult with a tax professional to understand the tax implications of your investment and identify any tax-saving opportunities. Some tax benefits of investing in commercial real estate include depreciation, tax deductions for property expenses, and the ability to defer capital gains taxes through 1031 exchanges.

In conclusion, investing in commercial real estate in Toronto can be an excellent way to diversify your portfolio and generate passive income. However, it is essential to do your due diligence and understand the market, choose the right property type, find a good location, analyze the property's financials, get financing, manage the property properly, and consider tax implications. With the right strategy and approach, investing in commercial real estate can be a lucrative and rewarding experience.

Flipping a house in Toronto can be an exciting and potentially lucrative venture for real estate investors. However, it also comes with its own set of challenges and risks. In this article, we will discuss the process of flipping a house in Toronto and provide some tips on how to do it successfully.

Step 1: Research the Toronto Real Estate Market

The first step in flipping a house in Toronto is to research the real estate market. You want to find out what types of properties are in demand, what neighborhoods are hot, and what the average price range is for houses in those areas. Look at recent sales data and talk to real estate agents to get a better understanding of the market.

Step 2: Find the Right Property

Once you have a good understanding of the Toronto real estate market, you need to find the right property to flip. Look for properties that are in need of renovation but have good bones. It's also important to consider the location and potential resale value of the property. Keep in mind that the price of the property should leave room for renovation costs and still allow for a profit.

Step 3: Secure Financing

Flipping a house in Toronto requires a significant amount of capital. Unless you have the cash on hand to purchase the property and cover renovation costs, you'll need to secure financing. Talk to lenders and explore your options for financing a house flip. Keep in mind that interest rates for investment properties are often higher than those for primary residences.

Step 4: Renovate the Property

The renovation process is where you can add value to the property and potentially increase your profits. Work with contractors and designers to create a renovation plan that is both cost-effective and attractive to potential buyers. Keep in mind that the goal is to create a modern and functional space that will appeal to a wide range of buyers.

Step 5: List the Property

Once the renovations are complete, it's time to list the property for sale. Work with a real estate agent who has experience in selling flipped properties. They can help you determine the best price for the property and market it to potential buyers.

Tips for Flipping a House in Toronto:

1. Be realistic about your budget and timeline. Renovations can be unpredictable, so it's important to plan for unexpected costs and delays.
2. Focus on creating a neutral and modern space that will appeal to a wide range of buyers. Avoid overly trendy or personalized design choices.
3. Don't cut corners on important renovations, such as plumbing or electrical work. These types of issues can be costly and turn off potential buyers.
4. Keep detailed records of all expenses and receipts for tax and accounting purposes.
5. Consider hiring a property manager to help with tenant screening, rent collection, and maintenance if you plan to rent the property out.

Flipping a house in Toronto can be a rewarding experience for real estate investors who are willing to put in the time and effort. With careful planning, research, and execution, you can successfully flip a property and turn a profit.

Real estate investing in Toronto can be a lucrative way to build wealth, but it can also be a risky venture if you don't know what you're doing. Many investors make common mistakes that can end up costing them a lot of money. In this article, we'll take a look at some of the most common mistakes made in Toronto real estate investing and how to avoid them.

1. Not doing enough research

One of the biggest mistakes that new real estate investors make is not doing enough research. It's important to thoroughly research the Toronto real estate market and the specific neighbourhoods you're interested in investing in. This includes studying recent sales data, vacancy rates, rental rates, and any zoning laws or building codes that may affect your investment. Doing your homework can help you make informed decisions and avoid investing in areas that may not be profitable.

2. Overpaying for a property

Another common mistake is overpaying for a property. It's important to do your due diligence when evaluating potential investment properties to ensure that you're paying a fair price. This includes getting a home inspection, estimating repair costs, and researching the comparable sales prices of similar properties in the area. Overpaying for a property can eat into your profits and make it more difficult to turn a profit.

3. Ignoring cash flow

Cash flow is one of the most important factors to consider when investing in real estate. It's important to calculate your cash flow accurately, taking into account expenses like property taxes, insurance, maintenance, and repairs. If your expenses exceed your rental income, you may end up losing money on your investment. Make sure you factor in all expenses when calculating your cash flow, and leave some cushion for unexpected repairs or vacancies.

4. Not having a long-term plan

Real estate investing is a long-term game, and it's important to have a plan in place. This includes having a clear idea of your investment goals, whether it's building long-term wealth or generating passive income. It's also important to have a plan for how you'll manage your properties, whether you'll do it yourself or hire a property manager. Having a long-term plan can help you stay focused and make better decisions about your investments.

5. Failing to build a team

Real estate investing is a team sport, and it's important to have a team of professionals on your side. This includes a real estate agent, a lawyer, an accountant, and a home inspector. These professionals can provide valuable advice and guidance throughout the investment process, and can help you avoid costly mistakes.

6. Not diversifying your portfolio

Investing in real estate is a great way to build wealth, but it's important to diversify your portfolio. This means investing in different types of properties in different areas to spread your risk. Investing in multiple properties can also help you generate more cash flow and build long-term wealth.

7. Underestimating the time and effort required

Real estate investing can be a lot of work, and it's important to be prepared for the time and effort required. This includes finding and evaluating properties, managing tenants, handling repairs and maintenance, and staying on top of expenses and cash flow. It's important to be realistic about the time and effort required, and to have a plan in place for how you'll manage your investments.

8. Letting emotions guide your decisions

Finally, it's important to avoid letting emotions guide your investment decisions. Real estate investing is a business, and it's important to make decisions based on data and analysis, not emotion. It can be easy to get attached to a property or to overestimate its potential, but it's important to stay objective and make decisions based on the facts.

Real estate investing can be a great way to generate passive income and build wealth over time, but it's important to understand how to calculate your return on investment (ROI) before making a purchase. In Toronto, where the real estate market is highly competitive, understanding your ROI is essential to making profitable investment decisions.

ROI is a measure of how much money you can expect to earn on your investment. There are a few key factors to consider when calculating your ROI for a real estate investment in Toronto:

1. Purchase price: The amount you pay for the property is the starting point for calculating your ROI. This includes any closing costs, such as legal fees, land transfer taxes, and inspection fees.
2. Rental income: The amount of rent you can charge for the property is a major factor in determining your ROI. In Toronto, rental income can vary widely depending on the location and type of property.
3. Expenses: There are many expenses associated with owning a rental property in Toronto, including property taxes, insurance, utilities, maintenance and repairs, and property management fees. These expenses can significantly impact your ROI.
4. Financing: If you are taking out a mortgage to purchase the property, you will need to factor in the cost of financing, including interest payments and any fees associated with the loan.

To calculate your ROI, you will need to subtract your expenses and financing costs from your rental income, and then divide the result by the purchase price. For example, if you purchase a property for $500,000 and collect $2,500 per month in rent ($30,000 per year), but your expenses and financing costs total $20,000 per year, your ROI would be:

($30,000 - $20,000) / $500,000 = 0.02 or 2%

This means that your investment is generating a 2% return. While this may not seem like a high return, it's important to consider the long-term benefits of real estate investing, such as potential appreciation and tax benefits.

When evaluating potential investments, it's also important to consider other factors that can impact your ROI. These may include the condition of the property, the location, and the local real estate market. In Toronto, for example, certain neighborhoods may offer higher rental rates and appreciation potential than others.

Another important consideration is the type of property you are investing in. There are many different types of real estate investments available in Toronto, including single-family homes, multi-family properties, commercial properties, and even short-term rentals like Airbnb.

Each type of investment has its own unique set of advantages and challenges, and it's important to consider these factors when evaluating potential investments. For example, while single-family homes may offer greater stability and less management than multi-family properties, they may also have lower potential returns.

In addition to understanding your ROI, it's also important to have a solid investment strategy in place. This may involve setting specific goals for your investment, such as generating passive income or building long-term wealth, and then identifying properties that align with these goals.

It's also important to have a plan in place for managing your investment. This may involve hiring a property manager to handle day-to-day operations, setting aside funds for maintenance and repairs, and regularly reviewing your financials to ensure that you are achieving your investment goals.

In conclusion, understanding how to calculate your ROI is essential to making profitable real estate investments in Toronto. By carefully evaluating potential investments and having a solid investment strategy in place, you can generate passive income and build long-term wealth through real estate investing.

Real estate investing can be a lucrative way to build wealth and generate passive income. However, it’s important to understand the tax implications of real estate investing in Toronto. As with any investment, taxes can significantly impact your bottom line.

Here are some important tax considerations for real estate investors in Toronto:

1. Rental Income

If you own a rental property in Toronto, you’ll need to report any rental income on your tax return. This includes rent received from tenants, as well as any other rental-related income such as pet fees or laundry revenue. You’ll also need to report any security deposits you receive from tenants, although these deposits are not considered taxable income.

You’ll be able to deduct certain expenses related to your rental property, such as property taxes, insurance, repairs and maintenance, and mortgage interest. However, keep in mind that the Canada Revenue Agency (CRA) has strict rules around what can and cannot be claimed as a rental expense. It’s important to keep accurate records and consult with a tax professional to ensure you’re claiming all eligible expenses.

2. Capital Gains Tax

When you sell a property, you may be subject to capital gains tax. This tax applies to the profit you make from the sale of the property. In Canada, only 50% of capital gains are taxable, meaning that if you make a $100,000 profit on the sale of a property, only $50,000 will be subject to tax.

It’s important to note that if the property was your primary residence, you may be eligible for the principal residence exemption, which can eliminate or reduce your capital gains tax liability. However, if you’ve rented out the property at any point during your ownership, only a portion of the gain may be eligible for the exemption.

3. HST

In Ontario, new homes and condos are subject to the Harmonized Sales Tax (HST). If you’re purchasing a new property for the purpose of renting it out, you may be eligible to claim a portion of the HST paid as an input tax credit (ITC) on your tax return. However, if you’re purchasing a property for personal use, you won’t be able to claim any portion of the HST as an ITC.

4. Land Transfer Tax

When you purchase a property in Toronto, you’ll be subject to a land transfer tax (LTT). The amount of LTT you’ll pay depends on the purchase price of the property, with higher-priced properties subject to higher LTT rates. In addition to the provincial LTT, Toronto has its own municipal LTT, which is added on top of the provincial tax.

It’s important to factor LTT into your purchasing budget, as it can add a significant amount to your closing costs. However, if you’re a first-time homebuyer in Ontario, you may be eligible for a rebate of up to $4,000 on the provincial LTT, and up to $4,475 on the Toronto municipal LTT.

5. Mortgage Interest

If you have a mortgage on a rental property, you can deduct the interest paid on that mortgage as an expense on your tax return. This can help to reduce your taxable rental income. However, keep in mind that mortgage interest is only deductible on rental properties, not on personal residences.

6. Non-Resident Tax

If you’re a non-resident of Canada and you own real estate in Toronto, you may be subject to a non-resident tax on any rental income you earn from that property. The non-resident tax rate is 25% of the gross rental income, and it’s withheld by the tenant or property manager and remitted to the CRA.

It’s important to work with a tax professional who can help you navigate the complex tax rules around real estate investing in Toronto.