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Climate Change’s Impact on Canadian Real Estate: Assessing Risks and Opportunities

Climate change is an undeniable reality that is increasingly influencing various sectors worldwide, including real estate. In Canada, a country known for its diverse geography and extreme weather patterns, the effects of climate change are becoming more pronounced, posing significant risks and opportunities for the real estate market. From rising sea levels to more frequent wildfires and floods, the implications of climate change on property values, insurance costs, and infrastructure investments are profound. In this comprehensive blog post, we’ll explore in detail the role of climate change in Canadian real estate, assessing the risks it poses and the opportunities it presents.

1. Risks to Property Values:

Climate change-related hazards such as flooding, wildfires, and coastal erosion are putting properties at risk across Canada. Homes located in high-risk areas face the threat of damage, leading to potential decreases in market value. The risk of physical damage isn’t the only concern; the perception of risk can also impact property values. Buyers may become more hesitant to invest in properties located in at-risk areas, leading to decreased demand and lower property values over time.

As climate change continues to exacerbate extreme weather events, the frequency and severity of property damage are expected to increase. This can have significant financial implications for homeowners and investors, as properties in high-risk areas may experience declining market values. Additionally, the cost of insurance for these properties may rise, further impacting affordability and market dynamics.

2. Insurance Costs and Availability:

With the increasing frequency and severity of extreme weather events, insurance companies are reevaluating their risk exposure. As a result, homeowners in high-risk areas may experience significant increases in insurance premiums or even struggle to obtain coverage altogether. This can create financial challenges for homeowners and deter potential buyers from investing in properties in climate-vulnerable regions, further impacting property values and market dynamics.

The rising cost of insurance and the limited availability of coverage for properties in high-risk areas can pose barriers to homeownership and real estate investment. This can lead to decreased demand for properties in these areas and, subsequently, lower property values. Moreover, the lack of insurance coverage can leave homeowners vulnerable to financial losses in the event of climate-related damage, further exacerbating the challenges associated with climate change in the real estate market.

3. Infrastructure Adaptation and Investment:

Governments and municipalities are recognizing the need to invest in infrastructure adaptation measures to mitigate the impacts of climate change. This includes projects such as flood mitigation systems, seawalls, and other protective measures to safeguard communities. While these investments are crucial for enhancing resilience, they also influence real estate development and property values. Areas with robust infrastructure adaptation measures may become more desirable to buyers, while those lacking such measures may experience declining demand and property values.

Infrastructure adaptation and investment are essential components of climate change mitigation and resilience-building efforts. However, the implementation of these measures can vary significantly across regions, leading to disparities in property values and market dynamics. Properties located in areas with inadequate infrastructure may face greater risks and uncertainties, resulting in decreased demand and lower market values. On the other hand, properties in areas with robust infrastructure adaptation measures may experience increased desirability and appreciation in value, reflecting the importance of proactive risk management and investment in climate resilience.

4. Opportunities for Sustainable Development:

Despite the challenges posed by climate change, there are opportunities for innovation and sustainable development in the real estate sector. Builders and developers are increasingly incorporating green building practices and renewable energy technologies into their projects. Features such as solar panels, energy-efficient appliances, and green roofs not only reduce environmental impact but also appeal to environmentally conscious buyers. Investing in climate-resilient properties and locations can offer long-term value appreciation and stability.

Sustainable development presents an opportunity for the real estate sector to address climate change while creating value for investors and homeowners. By integrating green building practices and renewable energy technologies into their projects, developers can reduce environmental impact and operating costs while enhancing property value and market appeal. Sustainable features such as energy-efficient design, green infrastructure, and resilient building materials can attract environmentally conscious buyers and differentiate properties in a competitive market. Moreover, investing in climate-resilient properties and locations can offer long-term value appreciation and stability, mitigating the risks associated with climate change and ensuring the sustainability of real estate investments.

5. Disclosure and Transparency:

As climate-related risks become more prominent, there is a growing demand for transparency and disclosure in real estate transactions. Buyers, sellers, and investors seek comprehensive information on factors such as flood risk, wildfire susceptibility, and sea level rise projections to make informed decisions. Real estate professionals play a crucial role in providing accurate and transparent information to facilitate transactions and risk management.

Transparency and disclosure are essential for managing climate-related risks in real estate transactions. Buyers, sellers, and investors rely on accurate and comprehensive information to assess the potential risks and opportunities associated with properties. Real estate professionals play a critical role in providing this information and facilitating transparent transactions. By disclosing relevant climate-related information, such as flood risk maps, wildfire hazard zones, and sea level rise projections, stakeholders can make more informed decisions and mitigate potential risks. Additionally, transparency and disclosure can enhance market efficiency and stability by reducing information asymmetry and promoting trust and confidence among market participants. Overall, transparency and disclosure are essential tools for managing climate-related risks and ensuring the resilience and sustainability of real estate investments in a changing climate.


In conclusion, climate change is reshaping the Canadian real estate landscape, presenting both risks and opportunities for stakeholders. From property devaluation and insurance challenges to infrastructure investment and sustainable development, the impacts of climate change are multifaceted and far-reaching. By understanding and proactively addressing climate-related risks, stakeholders in the real estate sector can navigate challenges and capitalize on opportunities for resilient and sustainable development. Collaboration between government, industry, and communities will be essential in building a more resilient and adaptive real estate sector in Canada. As climate change continues to evolve, strategic planning and proactive measures will be key to ensuring the long-term sustainability and resilience of Canadian real estate markets.

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Building Your Path to Homeownership: Essential Tips for Saving for a Down Payment

mbarking on the journey to homeownership is an exciting yet challenging endeavor, especially when it comes to saving for a down payment. It’s a significant financial milestone that requires careful planning, discipline, and perseverance. While the task may seem daunting, armed with the right strategies and mindset, you can overcome obstacles and realize your dream of owning a home. In this comprehensive guide, we’ll delve deeper into each step of the savings process, providing you with actionable tips and insights to accelerate your path to homeownership.


1. Set a Realistic Savings Goal:

Before you start saving, it’s essential to establish a clear and realistic savings goal. Begin by researching the housing market in your desired location and determining the average home prices. Most lenders require a down payment ranging from 3% to 20% of the home’s purchase price, depending on the type of mortgage you choose. Aim to save at least 20% to avoid additional costs like private mortgage insurance (PMI). Once you have a target amount in mind, break it down into manageable milestones to track your progress effectively.

2. Create a Detailed Budget:

Building a budget is the foundation of successful saving. Start by analyzing your current income and expenses to identify areas where you can cut back and allocate more funds towards your down payment savings. Track your spending diligently using budgeting tools or apps and categorize expenses into essentials and non-essentials. Consider trimming discretionary expenses such as dining out, entertainment, and luxury purchases. Redirect the saved funds towards your down payment savings account consistently.

3. Open a Dedicated Savings Account:

To keep your down payment savings separate from your day-to-day expenses, consider opening a dedicated savings account specifically for this purpose. Look for high-yield savings accounts or certificates of deposit (CDs) that offer competitive interest rates to maximize your earnings. Automate monthly transfers from your checking account to your down payment savings account to ensure consistency and minimize the temptation to dip into your savings for non-essential expenses.

4. Explore Down Payment Assistance Programs:

Research available down payment assistance programs offered by government agencies, nonprofit organizations, or employers. These programs provide grants, loans, or matching funds to help first-time homebuyers overcome financial barriers. Eligibility criteria and assistance options vary by location, so it’s essential to research and understand the programs available in your area. Some programs may have income limits, credit score requirements, or specific property eligibility criteria, so be sure to review the guidelines thoroughly.

5. Increase Your Income Streams:

Accelerate your savings progress by exploring opportunities to increase your income. Consider taking on a part-time job, freelancing, or starting a side hustle to supplement your primary source of income. Monetize your skills, hobbies, or passions to generate additional revenue streams. Direct all extra earnings towards your down payment savings to expedite your journey to homeownership. Remember to prioritize sustainable income-generating activities that align with your long-term goals and lifestyle.

6. Minimize Debt and Improve Credit Score:

High levels of debt can impede your ability to save for a down payment and qualify for a mortgage. Prioritize paying off existing debts, starting with high-interest debts like credit cards and personal loans. Adopt a debt repayment strategy such as the snowball or avalanche method to systematically eliminate debt. Additionally, focus on improving your credit score by making timely payments, reducing credit card balances, and avoiding new debt. A higher credit score can qualify you for better mortgage rates, ultimately saving you money over the life of your loan.

7. Stay Disciplined and Flexible:

Saving for a down payment requires discipline, patience, and flexibility. Stay committed to your savings goal by regularly reviewing your progress and adjusting your budget as needed. Be prepared to make sacrifices and prioritize your long-term objective of homeownership over short-term indulgences. Celebrate milestones along the way to stay motivated and reward yourself for reaching incremental goals. Remember that setbacks are inevitable, but staying focused on your ultimate goal will help you overcome obstacles and stay on track.

In conclusion, saving for a down payment is a challenging yet rewarding endeavor that requires careful planning and dedication. By setting realistic goals, creating a detailed budget, exploring assistance programs, increasing your income, minimizing debt, and staying disciplined, you can accelerate your path to homeownership. With perseverance and strategic planning, homeownership can become a reality sooner than you think. Start implementing these strategies today and take the first step towards achieving your dream of owning a home.

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Investing in Your Future: Real Estate Strategies with Capital Mortgages 

Are you an aspiring real estate investor ready to build wealth through property? Capital Mortgages is your strategic partner in crafting a real estate investment strategies tailored to your financial goals. 

Navigating Market Trends: Capital Mortgages’ Market Insights 

Staying ahead of market trends is crucial in real estate investing. In this section, we’ll explore how Capital Mortgages provides valuable insights into market dynamics, helping you make informed decisions in a rapidly changing real estate landscape. 

Real-Time Market Analysis 

Capital Mortgages doesn’t just react to market trends; we anticipate them. Discover how our real-time market analysis keeps you informed about shifts in property values, rental markets, and emerging investment opportunities. 

Seizing Opportunities: Capital Mortgages’ Proactive Approach 

The real estate market is dynamic, presenting both challenges and opportunities. Learn how Capital Mortgages takes a proactive approach, identifying prime investment opportunities and helping you navigate potential pitfalls. 

Smart Financing: Capital Mortgages’ Key to Successful Investments 

Smart financing is the cornerstone of successful real estate investments. In this section, we’ll delve into how Capital Mortgages tailors financing solutions to optimize your returns, whether you’re flipping properties, building a rental portfolio, or exploring commercial ventures. 

Customized Financing Solutions 

No two real estate investments are alike. Capital Mortgages understands this and offers customized financing solutions, including construction and build mortgages, commercial mortgages, and more. 

Maximizing Returns: Financial Strategies for Investors 

From leveraging equity to optimizing cash flow, we’ll share strategies to maximize returns on your real estate investments. Capital Mortgages is committed to helping you achieve your financial goals through smart financing. 

Real estate investing is a journey of wealth creation, and Capital Mortgages is your dedicated guide. Stay tuned for more insights on crafting a successful real estate investment strategy. Whether you’re a seasoned investor or taking your first steps, Capital Mortgages is here to support your financial growth. 

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Why Ottawa is a Great Place to Invest in Property

Investing in property is a significant decision, and when it comes to location, Ottawa stands out as a prime choice. Canada’s capital city offers a stable and promising real estate market, bolstered by a strong economy and a vibrant cultural scene. Here’s why savvy investors are turning their attention to Ottawa. 

Economic Stability and Growth 

Ottawa’s economy is one of the most stable in Canada, thanks in part to its status as the national capital. The presence of federal government jobs provides a steady employment base, which supports a resilient housing market. Additionally, Ottawa’s burgeoning tech sector, aptly nicknamed ‘Silicon Valley North,’ adds to its economic diversity and attracts a skilled workforce. 

High Quality of Life 

Ranked consistently high for quality of life, Ottawa offers a balance of city amenities and natural beauty. With ample green spaces, world-class museums, and a host of recreational activities, the city appeals to a broad demographic, from young professionals to retirees. This variety in the population ensures a diverse rental market for investors. 

Educational Institutions as Market Drivers 

The city’s respected educational institutions, including the University of Ottawa and Carleton University, draw a steady influx of students yearly. This creates a perennial demand for rental properties, making it an attractive market for investors seeking to offer student accommodations. 

Infrastructure and Public Transit Expansion 

Ottawa’s ongoing investments in infrastructure, particularly the expansion of the Light Rail Transit system, enhance connectivity and accessibility. This development not only improves the quality of life for residents but also increases the value of nearby properties. 

Government and Tech Sector Employment 

A significant portion of Ottawa’s workforce is employed in stable government and high-tech jobs. These sectors provide a pool of tenants with reliable incomes, which is a considerable advantage for property investors. 

Cultural Diversity and Inclusivity 

Ottawa’s cultural diversity and inclusive environment make it a welcoming city for newcomers, which continuously rejuvenates the housing market with new demand. 

A Market for All Seasons 

Unlike cities with economies tied to specific industries, Ottawa’s real estate market isn’t as susceptible to seasonal fluctuations. The city’s four distinct seasons and year-round political, tech, and academic activities mean consistent rental and property investment opportunities. 

Call to Action: Seize the Opportunity with Capital Mortgages 

For those considering property investment in Ottawa, understanding the market’s drivers is crucial. Capital Mortgages provides the expertise and local insight to help you make the most of Ottawa’s real estate opportunities. Whether you’re looking to diversify your portfolio or start your investment journey, we’re here to guide you through every step. Contact Capital Mortgages today to explore how you can capitalize on the potential of Ottawa’s property market. 

Commercial real estate industry analysis

Guide To The Commercial Real Estate Industry Analysis

Your guide to the Commercial real estate industry analysis is a tool through which information can be collected, including whether it is possible to invest in real estate or the possibility of renting a specific place or area. Buying a property without information to support a purchase of this size would be madness.

Researching the real estate market well is the first step that every investor must take before entering the market. The goal is to ensure that the project is feasible and suitable for the current market. Follow us for more information through this article.

Commercial real estate industry analysis

Commercial real estate industry analysis
Commercial real estate industry analysis

Real estate market analysis is to identify the current market value of the property with the property you want to buy or sell, so the analysis process is very important.

Whether you are buying or selling a property, a real estate market analysis is a must as it helps to understand the current market and the number of similar properties.

Real estate agents and brokers generate reports to help sellers determine their home’s list price, and in smaller cases, buyers to make a competitive bid.

The information collected through real estate market tests has a role in knowing the listing price and helping clients identify if the price is low or high.

Why analyze the real estate market?

In the context of talking about analyzing the commercial real estate industry, there are several reasons for conducting this type of research, the main reason being to obtain information that allows you to invest and buy safely, other reasons include the following:

  • See if you should invest in one city over another.
  • Find out what is holding you back from investing in certain places.
  • Know the demographics to determine the development of the area in which you want to invest.
  • Obtaining information about investment projects in certain areas and knowing whether these projects will be developed in the future to increase the value of the property.

Tips for conducting effective real estate market research

In continuation of the talk about analyzing the commercial real estate industry, here are the most important tips for learning about the real estate market:

  • Real estate analysis: A real estate analysis is conducted where you need to evaluate the area and neighborhood, in addition to knowing the time of construction, services, and other matters.
  • Original Appraisal: Once you have analyzed your property, search online for the original listing (if available).
  • Check property value estimates: Use online sources to give you an estimated market value for your home.
  • Since these are estimates of market value, they may not be entirely accurate, especially if the home has changed hands, but they will provide a good starting point for further research into the real estate market.
  • Compare: Comparing the property to other properties in the same area, factors such as size, price, etc. will help you determine the value.
  • Determine the market value: Based on all your research, you should have a price range that matches the value of your property. Consider everything you observe and analyze.

What is the difference between real estate investment and real estate development?

In the context of our presentation to analyze the commercial real estate industry, here are the following distinctions:

Real estate investments: commercial activities based on buying or renting high-value real estate, achieving the highest financial returns.

Real estate development: the commercial activity of real estate, which depends on all stages of building new projects, from land purchase, design development, and construction implementation.

And marketing, selling or buying real estate, improving it, and reselling it to investors and customers again.

What is the difference between real estate development and contracting?

As we explained in the analysis of the commercial real estate industry, real estate development refers to the process of converting remote lands into a distinctive real estate project, which is implemented through a series of steps.

Including analyzing the feasibility of the project, developing the design and master plan, and requesting permits and approvals. In addition to focusing on sales, leasing, and marketing operations, it also depends on operating and investing in real estate to achieve financial returns.

contracting term

What is meant by the process of implementing buildings, infrastructure, and facilities, supervising the management and coordination of workers, and identifying the supplies needed by the project?

It relies on converting paper engineering designs and plans.

Through the above, we learn that the real estate development process is the first step in establishing the property, while contracting is the second step.

What are the responsibilities of a real estate developer?

Commercial real estate industry analysis

As we talked about analyzing the commercial real estate industry, here are the different tasks of a real estate developer:

Financial and Commercial real estate industry analysis

Real estate developers conduct feasibility studies on projects to analyze the market and determine costs, expected returns, risks, etc.

Project planning

One of the real estate developer’s tasks is to develop a comprehensive plan for their ongoing project, which includes the building’s design, and architecture, and defining the requirements that the project must meet.

Permits and approvals

One of the tasks of real estate developers is to obtain approvals and licenses to implement their projects by local laws and regulations, which include building permits and use permits.

Managing the implementation process

The real estate developer agrees that the agency and the contractor carry out monitoring operations and ensure the quality of implementation by the applicable standards.

sales and marketing

This role is considered one of the most important jobs for the real estate developer, as it markets and sells the developed real estate to potential customers by developing an appropriate marketing strategy for the real estate and implementing promotional and advertising campaigns for the real estate.

Real Estate Management

After completing the implementation of the project, the real estate developer will manage it and be responsible for maintaining, renting, and managing its facilities and properties.

What is the goal of Commercial real estate industry analysis?

Before starting real estate investment activities, the investor performs a series of tasks and steps as follows:

  • Market analysis and research, including trends, demand, supply, and prices, to make appropriate investment decisions based on market knowledge and meet expectations.
  • Determine the suitable real estate for investment, whether it is residential, commercial, or industrial.
  • Evaluation of the property, its value, and the expected financial return from investing in it.
  • Marketing real estate through advertising or promotion on social media or dealing with real estate agents.
  • Expand your real estate portfolio, whether by purchasing real estate or developing new real estate projects.

Read more: Beyond the Big Cities: Exploring Mortgages for Rural Properties in Canada

In conclusion, we discussed the analysis of the commercial real estate industry, in addition to knowing the difference between real estate investment and real estate development,
and we also presented the goal of real estate development in detail to identify how real estate investment has become one of the most important types of current investment.

Questions real eastate agent

Questions You Should Be Asking Your Real Estate Agent

When buying a home, the process can seem overwhelming with so many details to keep track of. Putting your trust in an agent can be scary, but they are there to help you navigate the process and find the home of your dreams. A real estate agent is an important part of buying a home, but it’s up to you to make sure that you’re getting the most out of their services. With all the pre-qualifying, showing, and open house appointments, it may feel like your agent is just another set of eyes on properties. But they’re much more than that. An experienced real estate agent will know what markets are hot and where you need to focus your search. They should also be able to advise you on everything from mortgage rates and loan qualifications to zoning laws and local real estate trends.

Ask these 7 questions before hiring your real estate agent.

Now, as you look for a real estate agent to help you purchase a home, here are some questions you should ask them to make sure they’re the right fit for you.

– How long have you been an agent?

– How many homes have you sold in the last year?

– Tell me about a sale that you’re particularly proud of.

– What are your top three neighborhoods in the area?

– What’s your experience with first-time homebuyers?

– What is your approach to negotiating with sellers?

– What do you like most about your job?

Why is this property available?

While it’s great that you found a perfect place, it’s important to understand why it’s on the market in the first place. A seller may be eager to get a deal done or it could be a sign of problems with the property that you may be responsible for fixing. The seller’s motivation may affect your offer. If they’re in a rush to sell, they may be more likely to accept a lower offer. On the other hand, if they’re just trying to clean out a family member’s old property, they may be open to a higher offer to get it off their hands. This can be helpful to know if multiple offers come in on the same day.

How much is the seller willing to negotiate?

The seller’s asking price isn’t set in stone. It’s important to ask your agent what the seller is willing to negotiate. This can help you make a stronger offer on the property, since you know how far you can go. You can also use this information to decide how low you’re willing to go if you end up with multiple offers. Homes that don’t receive any offers often sit on the market for a long time, which means the seller may be willing to come down in price, because they’re eager to get a deal. On the other hand, a seller who has several interested buyers may not budge on price, even if they’re eager to sell.

What repairs does the home need?

If the property you’re looking at is in need of repairs, it’s important to understand what the costs are likely to be. These costs won’t be something you can ignore once you’re living in the house. Instead, they can add up over time, and some repairs may even be considered a health and safety hazard. If the seller doesn’t disclose the repairs, you may have to foot the bill, potentially costing you tens of thousands of dollars. Ask your agent to walk through the property and make a list of what repairs it needs. This is also the time to talk about permits. Even if the repairs are minor, you may need to apply for a permit before doing any work, depending on the type of repair. This can add a lot of time to the process, so it’s better to find out about it before you buy.

What’s your estimate for the cost of renovations?

It’s easy to get carried away in the excitement of buying a home, especially if it’s a fixer-upper. Before you get too attached, you should talk to your agent about the costs of renovations. This is also a good time to ask for contractors’ references, so you can find out what others think of the work they do. Sometimes, sellers will pay for the renovations, or you may be able to get a loan that allows you to roll the costs into the mortgage. Otherwise, you’ll need to come up with the money before closing. This can be a risky move, since you’re putting yourself at risk for being out of a large sum of money before you even own the home.

Why is this neighborhood a great place to live?

Every neighborhood has its pros and cons, but they’re all made up of people. This means that some areas have great schools, while others have higher crime rates. Knowing why a neighborhood is a great place to live can help you decide if it’s right for you and your family. If you’re open to living in a different neighborhood, your agent can help you find the best places to look. If you’re particular about where you want to live, your agent can help you understand the trade-offs of each neighborhood.

Is there anything that you wouldn’t change about this property?

No property is perfect, but you can still find something that you love about the place you’re considering buying. This is a great way to get to know the property better. Even if you don’t love everything about the property, this can help you narrow down your search to the best option. Even if you can’t find something you don’t like about the property, your agent will be happy to hear it. They want to find the best property for you and may try to steer you away from places that lack one of your big must-haves. This is also a good time to ask your agent to walk you through their sales process.

Summing up

Buying a home is a big decision, and it can be easy to get caught up in the details. Talking to an agent can help you take a step back and look at the big picture. They can help you understand the best neighborhoods, the types of houses on the market, the amount you can afford to spend, and how to get the best deal on a home. Working with an agent will help you feel more confident and knowledgeable about the process.

We here at Capital Mortgages in Ottawa look forward to assisting you with all your Ottawa mortgage refinancing needs. Contact us today by calling us at: 613-228-3888 or email us direct at:

You can use these links to APPLY NOW or CONTACT US.

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Capital Mortgages specializes as a service-oriented brokerage that prides itself on integrity and maintaining a service level second to none in the industry.

How Do Capital Gains Work On Property Sales?

When entering today’s red hot real estate market, it’s easy to feel excited by the prospect of how much your home will grow in value in ten, five or even just two years. We’ve all heard stories of people who have bought a home for $400,000, only to sell it just a few years later for 50% more than what they paid.

While the prospect is exciting, it’s important to keep in mind that in Canada, 50% of capital gains are taxed. This is good news for those who own a single primary residence, but understandably an unfortunate factor for those who are looking to invest in more than one property at a time.

To put it simply, capital gains are the increase in the value of an investment – this term can be used when it comes to stocks, shares, exchange traded funds and in this case – real estate. A capital gain can be realized or unrealized, meaning that you either received this gain as a result of selling your investment, or your investment increased in value, but you did not sell it.

In the context of real estate, you do not have to pay capital gains on the sale of your primary residence. That means that if you bought your primary residence for $400,000 and sold it for $600,000, that $200,000 capital gain is yours to keep.

However, if you currently have a primary residence and purchased an additional home as an investment property, 50% of the value of any capital gains on the additional home will be taxable. This 50% in capital gains will be added to your annual income, meaning that the additional tax you pay that year will vary depending on how much you earned in a year.

Let’s say that the same $400,000 home that sold for $600,000 was your investment property and not your primary residence. 50% of the $200,000 you earned on it is $100,000 – which will be added to your annual taxable earnings. So if you earned $120,000 that year as a salary (with no other income sources), your taxable income for the year would now be $220,000.

While this can be disheartening for many, note that you can offset your capital gains for the year with any capital losses you had that year (realized or unrealized), until you reach zero. If you only have capital losses in a given year, the Canada Revenue Agency will allow you to offset a capital gain that you declared in the previous 3 years. You can also carry a capital loss forward into the future.

More questions about how capital gains work on property sales? Give us a call today at 613-228-3888.  


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Capital Mortgages opened in January 1999 and has since serviced thousands of clients and arranged several billion dollars in mortgages in Ottawa area.

Tips For Listing Your Home In A Seller’s Market

It bears no need for repeating, but we’ll say it once again – Ottawa (and most of Canada) is experiencing the hottest ever real estate market in history. If you’re a property owner and are looking to move this year, there’s no better time to list your home and reap the rewards of your initial financial investment. It’s not uncommon to see homes selling for more than what is the asking price, due to the incredibly high demand we’ve been seeing. But that being said – it’s also not the rule.

Here are a few tips to set you on the right track when listing your home for sale:

1. Consider whether you have a new home to move into

This one may seem obvious, but considering how expensive prices have gotten, it’s worth having your next home lined up before deciding to sell yours. The goal is to make sure you have an option set in stone that meets your style, size and location specifications and that you won’t have to settle for a property that doesn’t meet these criteria if you don’t, due to current market pricing.

2. List your home just under market value

This is a strategy seemingly favoured by many realtors. While this strategy isn’t always necessary, it attracts more buyers and will likely spark a bidding war, for a lack of a better term, that will get you the offer you’d like – and fast!

3. Get ready to move quickly

Because of high demand and scarcity of properties for sale today, you might see buyers being willing to purchase your home in cash or with minimal financing. Be prepared for the process to move quickly and that you may close on your home’s sale in a very short period of time.

4. Manage your expectations

Just because it’s a seller’s market, it doesn’t mean that your home is automatically going to sell for more than the listing price. Many factors can influence your final sale price, including location, availability within your area or other homes in your neighborhood offering different features. Carefully evaluate each offer you receive, and don’t discount it immediately because it doesn’t meet your initial expectations.


If you are looking to purchase a new or secondary home this summer, please don’t hesitate to reach out to Capital Mortgages to get started on the pre-approval process and put your rate hold in place!

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Capital Mortgages opened in January 1999 and has since serviced thousands of clients and arranged several billion dollars in mortgages in Ottawa area.

The Benefit of Rate Holds

The term “rate hold” may be something you are familiar with if you have worked with us in the past. If not, it is a term that all prospective buyers should know!
A rate hold is offered by the majority of lenders to clients who are purchasing a new home and need a mortgage. The purpose of the rate hold is to secure the interest rate on your mortgage application for a certain time period. Often, these holds range from 90-120 days. Bear in mind, these are typically not provided for anyone refinancing their mortgage or looking to transfer it from one lender to another. Only those looking to purchase a home or establish a brand-new mortgage.
Once you have created an application with us, We can submit it to an available lender who is offering a rate hold on an interest rate you want to take advantage of – all without a property attached.
For an example of how a rate hold works, consider this. On day one you submit your application to a lender for a fixed interest rate of 2.64% for five-years. On day 60, that interest rate moves to 3.12%. As long as your mortgage closes in the next 60 days, you are protected and can keep your lower rate of 2.64%. Plus, if rates happen to trend downward, you can also take advantage of the lower interest rate.
This rate hold does not commit you to working with that particular lending institution, nor does it commit you to working with us. It also does not hurt your chances of receiving an approval down the road! All it does is protect the agreed upon interest rate for you while you shop the market, so you don’t have to worry about it increasing while you are hunting for your perfect home!
Once the 120 days expires, if you have not found that perfect home fit or want to take advantage of different interest rates, there is nothing stopping you from submitting another rate hold! It will just be subject to the current rates on the day of submission.
If you are looking to purchase a new or secondary home this summer, please don’t hesitate to reach out to Capital Mortgages to get started on the pre-approval process and put your rate hold in place!


Capital Mortgages opened in January 1999 and has since serviced thousands of clients and arranged several billion dollars in mortgages in Ottawa area.

Why is Buying Property More Financially Savvy Than Renting?

There’s no denying it – owning a home in today’s incredibly competitive real estate market can be daunting. From bidding wars to the highest property prices in history in Ottawa, it can seem like much more comfortable of a bet to rent. However, there are some undeniable benefits of buying property – read on to find out why it may be a better choice.

1. You’re building equity

Each payment you make towards your mortgage is putting money in YOUR pocket, not somebody else’s! Granted, the first few years of your mortgage payments will go in part towards interest, but at the end of the day you’re still building equity and increasing your net worth.

2. You gain privacy and the freedom of choice

Not a fan of your kitchen? You can renovate! Feel like painting your walls in a bright color? Nobody is stopping you. Owning a home means that you have the option to decorate and make changes to it as you please. You’ll also get to avoid visits from landlords, or having to play by anybody else’s rules (unless you live in a condo, in which case you’re required to follow the building’s guidelines). 

3. Your property will likely increase in value

At the rate that the Ottawa property market has been accelerating, the same home that you bought for $600,000 today will likely be worth more in even just a year. This means that if you choose to sell, you get to keep the capital gains on your property, minus any applicable tax.

4. Your monthly mortgage payments will sometimes be cheaper than renting

Depending on a variety of factors such as your neighborhood, the cost of your property, and the cost of your property taxes, your mortgage payments will sometimes be cheaper than renting the same home. Even if your monthly mortgage payments when factoring in additional costs ends up being higher than the cost of rent, know that you’re guaranteed to be paying a fixed amount per month for years to come – unlike renting, where a landlord can easily spike the price.

If you’d like to crunch the numbers and figure out if buying a home is worth it for you, don’t hesitate to give us a call today at 613-228-3888 to speak to a mortgage broker.


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