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palermo realty group HST Rebate for Landlords

HST Rebate for Landlords

Landlord's could be eligible for an HST Rebate Unlike buying a resale residential property, when you buy a new build home you actually have to pay HST on the sale of the home which can be a huge chunk of change.  Think about 13% on a purchase price of $400,000, I dont want to think about that bill either but I will still do the math for you......its $52,000.  Can you imagine paying that much money in...

Proposed Developments Happening in Old Stoney Creek

The Stoney Creek Landscape Is Changing   16 - 18 King St. W., Stoney Creek Condo Proposal If you drive down King St. in Stoney Creek on your way home, to work or just to run errands you will have noticed a big white sign on vacant land located at 16-18 King St. W. near Battlefield.  The development firm MM Green Development Inc. is applying to change the zoning for this property to allow for an 8...

Bank of Canada Raises Key Interest Rate to 1.25%

The Bank of Canada raised the key interest rate to 1.25%, the highest since 2009. This decision wasn't a surprise to many in the banking industry, but some are divided on whether this will be the only rate hike of the year or if this is the first of what could be a couple more rate hikes to come in 2018.  As we commonly say in the Real Estate industry when asked about things that might happen in the...

Barton St. E. Rehabilitation – Stoney Creek

Barton St. Receiving $1.08 million in Updates! It looks like Barton St. E. in Stoney Creek is going to be getting some government dollars in 2018 in the form of a rehabilitation project between Grays and Green Rd.  Specific details are scarce but if you live in Stoney Creek you know whatever they do to this stretch of road can only make it better. A link to the full article is below: Hamilton News...

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