The $50,000 GST Rebate for First-Time Buyers: Why the Fine Print Matters on North Shore Presales

The $50,000 GST Rebate for First-Time Buyers: Why the Fine Print Matters on North Shore Presales

The federal first-time home buyers' GST rebate can hand back up to $50,000 on a newly built home, and plenty of North Shore presale condos sit under the $1 million full-rebate line. But the contract date and a four-year ownership look-back decide whether you see any of it.

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What Is Cap Rate? A Plain-English Guide for North Shore Property Owners

What Is Cap Rate? A Plain-English Guide for North Shore Property Owners

Cap rate measures a property's income return as a percentage of its value, but it's only part of the story on the North Shore. Here's the formula, a worked example, and where cap rate falls short once financing and appreciation enter the picture.

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