Find out what you don’t know-What does the terms Freehold and Leasehold mean in the world of Waterfront Property? The terms Freehold and Leasehold refer to the ownership of real property. We see both types of ownership in our area. The two terms Freehold and Leasehold come from England and ...Continue Reading
Categories for Thoughts with Brad
What are Capital Gains? Ahhhh, good old Capital Gains. Hello everyone, Brad Sinclair here from the Brad Sinclair Team at Royal Heritage. Today’s topic, What is Capital Gains? Capital Gains is a tax you pay when you sell a secondary property for more than you paid for it, less any ...Continue Reading
My 10 year old asked me a question the other day, I have never been asked and I did not have the answer. As a 15 year vet in Real Estate and 19 year vet on fire departments, and Dad of 12 years you would think I would know the ...Continue Reading
Find out what you don’t know- Episode 2 Why shoreline road allowances are so important to have knowledge on when purchasing your waterfront dream!
First of all, what is a shoreline road allowance (SRA)? Well, in the late 19th century the Crown instructed their surveyors to lay out 66-Foot road allowances along the banks of lakes and rivers in Ontario. These road allowances were used for logging and transportation of goods. Today, there is ...Continue Reading