If the property is a new construction, you will pay the GST on the sales price of the property.OperationAs in most places, there will be annual property tax to the province / municipality.  

If there were any city or 3rd party inspections for construction, it would be here.Occupancy.

Also, it is an active construction site, so please no open toed shoes.If you're not able to attend but would like to learn more, feel free to send me a colleague request.Cheers!

Thank you for the constructive feedback Linda :)

VP of Operations at a college (new construction, Facilities and Grounds, SFR purchase in surrounding neighborhoods), Personal residence (live in  flip), MBA emphasis in Entrepreneurship, Analytical work for a private equity firm-Mike

Just look around, everywhere in America there are $100MiM, $500MM, $2 Billion construction deals.

My kids and I went alone to West Tx, to check out what we are dealing with, and felt absolutely safe in the neighborhood and house.My father in law left over $20k worth of packaged brand new appliances and materials in the house since he stopped construction in 2014- and everything was there and not tampered with when I went last weekend(!)....

I recently went through Wells Fargo for a construction/renovation loan on my personal residence which was a foreclosure.

I am looking into a new construction, 160+ unit apartment complex, for $20MM ($2.36MM down payment) & my investor wants me to get qualified for the tax credit. 

If population growth and new construction is happening in the area, it may be doable?