As a Sales Manager at Shelter Bay, I speak with many people daily as they tour through are show homes and Community. With our current economy and taxes on the top of everyone’s mind I’m always asked how this will affect their purchase of a new home at Shelter Bay.
I tell them “Axe the Tax!”
As Canadians, we are one of the most heavily taxed people in the world. You may have to pay nearly half your income in taxes if you’re in a high tax bracket. Chop down the amount of tax you pay and protect more of your family’s wealth you have worked hard to build by purchasing your new home or vacation property at Shelter Bay.
You heard us right. Your new home at Shelter Bay is exempt from the Provincial Property Transfer Tax, GST and Speculation Tax (vacation home tax). This tax savings is like putting money right back in your pocket.
Shelter Bay is also uniquely positioned so that BC’s new short term rental legislation does not apply to our Community. Short Term Rentals (STR’s), which are defined as rentals of five consecutive days or less, are allowed. You may use your home for vacation rentals and earn substantial rental income when not using it yourself. Giving you the freedom to do what you please with your home and another good reason to buy at Shelter Bay.
If you haven’t had a chance to check out Shelter Bay lately, you should. We have two show homes and two brand-new homes ready for immediate occupancy available for viewing. You don’t have to wait to start enjoying life at Shelter Bay, townhome 163 and 157 is ready for this summer’s vacation/rental season. Give me a call anytime 250-819-9205 to chat about our pricing and our incredible Shelter Bay Community.
Shelter Bay has its very own short-term rental. This is a rare opportunity to try before you buy and stay in our fully equipped 3-bedroom luxurious townhome with private hot tub and outdoor kitchen. And, if you purchase a unit with us within 30 days of your stay the developer will refund your entire booking fee.
Jodi.