Toronto Condo Assignment

Interested in buying a second property? Familiarize yourself with the mortgage rules first to make sure it’s the right financial decision.

Mortgage rules when buying a second property in Canada: What you need to know Whatever the reason for having a second property, there are in fact many multiple-property owners in Canada. In British Columbia and Nova Scotia, for instance, owners with multiple properties represent 15% and 22% of all home owners, respectively, according to Statistics Canada. That’s more than o...