0.7% for 30 days, 0.8% for 60 days, 0.9% for 90 days, 1% for 120 days, 1.05% for 150 days, 1.1% for 180 days, principal back.
Min/Max: $10 / $10000
Added: Feb 28th, 2019
Monitored: 22 days
Lifetime: 22 days
A report by Canada Mortgage and Housing Corp. suggests a majority of landlord investors who bought properties in large, high-rise condominium buildings in downtown Montreal are not collecting enough rent to recoup their operating expenses. The national housing agency estimates that investors who made a 20 per cent down payment on their properties are spending more on mortgage payments, condo fees and property and school taxes than the amount they receive in rental income.