The Underused Housing Tax is an annual 1% tax on the ownership of vacant or underused housing in Canada that took effect on January 1, 2022. The tax usually applies to non-resident, non-Canadian owners. In some situations, however, it also applies to Canadian owners.
VADA Property Management cannot advise on the Underused Housing Tax, please contact Canada Revenue Agency (CRA) or an Accountant for more information.
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Whether multiple properties or a single home, our licensed property managers deliver worry-free rental property management services customized to your needs.
Want to manage your own property but find the search for qualified tenants stressful? We can help! Rest easy, knowing we handle the search, vetting, and up-front paperwork so you don’t have to.
VADA’s personable management paired with vetted professional suppliers and technicians ensures your tenants receive quality support and your property is well-maintained.