I understand if you move out of this region you are probably right about better returns@Chad Urbshott i am getting hit hard by municipal/provincial level of rent controls and requirements so you really made the right choice to 1. move out of canada 2. switch to different business without such regulations.

for simplicity we will look at property AAsking $860 000 CAD4240 sq ft.Taxes $14, 170(bore by landlord but paid by tenant)$13.50/sq ft.NOI $51, 560Least to provincial government that it was built for. 

If the properties are owned by a corporation, they are taxed in corporation at the highest corporate tax rate - rental and investment income are considered passive income by the CRA and do not qualify for federal and provincial small business tax rates.  

While this house is both in the national and provincial registries of heritage places, it is not designated as a protected historic property by the city (surprisingly).  

In Canada, you have a choice between a sole proprietorship (i.e. in your own name) or an incorporated entity (provincially or federally).  

In Ontario, we have a Land Titles Registry which is administered and guaranteed by the provincial government.

It would make me more sick Hi Dan,It’s been a decade so my memory is likely inaccurate but I recall that Federal plus Provincial was a bit over 50%, and yes I was top marginal tax bracket.

The provincial government has postponed it's rate reduction plans for 2021 due to financial impacts of the pandemic, but will hopefully get back on track in 2022.

We have a lot of different rules and provincial regulations here.

When you purchase a house in Canada, is an "Offer to Purchase" the only contract you will need to purchase a house (or have right to purchase)If you are purchasing primarily residential properties (SFH & 1-4 unit MFH), then stick with the standard "Agreement of Purchase and Sale" used by the local/provincial real estate board {this is typically the MLS agreement}.