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INSURANCE
INSURANCE IS AN IMPORTANT PART OF OWNING A HOME, WHETHER THAT HOME IS
A STRATA PROPERTY OR A DETACHED HOUSE. YOUR
OFFER SHOULD BE SUBJECT
TO OBTAINING INSURANCE COVERAGE AND REVIEWING
THE COSTS INVOLVED. FOR A STRATA PROPERTY, THERE WILL ALREADY BE AN INSURANCE POLICY IN PLACE FOR THE STRUCTURE. YOU WILL WANT
TO RECEIVE A COPY OF THIS POLICY AND SPEAK TO YOUR OWN INSURANCE AGENT AS TO WHAT ADDITIONAL COVERAGE IS NEEDED.
* GST REBATE – 36% OF THAT PORTION UP TO $350,000, PHASED OUT UP TO $450,000
* BUYERS WHO ARE NOT CANADIAN CITIZENS OR PERMANENT RESIDENCE ARE SUBJECT TO A 20% TAX
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