In today’s economy, real estate is one of the best ways to generate wealth and fund your retirement. But while asset appreciation has been enormous – according to the Canadian Real Estate Association (CREA), the average annual rate of return has been around 7 to 10 percent for residential properties and 8 to 12 percent for commercial properties over the past few decades – before purchasing an investment property, residential sellers should keep taxes top of mind and be asking themselves this crucial question: How much tax do you pay when you sell a house in Canada? Click here to read more. If you would like more information contact Roger Hawryluk at 780-962-8580.