The Wilson Team - Your Mortgage And Property Experts

The Wilson Team - Your Mortgage And Property Experts Expert Advice. Customized Mortgages. Proven Results. Helping Canadians build financial wealth with one of their largest assets.

Creating customized mortgage plans for 15 years. We deal with over 30 lenders and can assist with all of your borrowing needs. With our knowledge of the financial industry, we will also show you how to save thousands based on your goals and risks tolerances.

Canada Day 🇨🇦
07/05/2025

Canada Day 🇨🇦

🏠 Farewell to the First Time Homebuyers Shared Equity Program! 🏠 Canadians won't miss it as it fades away due to lack of...
03/22/2024

🏠 Farewell to the First Time Homebuyers Shared Equity Program! 🏠 Canadians won't miss it as it fades away due to lack of use. Its complex structure and limited benefits left many untouched. 

The First-Time Home Buyer Incentive, a program initiated to assist Canadians in entering the housing market, has been discontinued.

BUT, don't worry; your dream of homeownership is still within reach! So let's focus on simpler, more accessible options for aspiring homeowners! 

🏡The Home Buyers' Plan, where you can use up to $35,000 from your RRSP for a down payment : 

This plan allows first-time buyers to withdraw up to $35,000 from their RRSPs to use as a down payment, with a 15-year repayment period. For couples purchasing together, each partner can withdraw the same amount, enabling a combined potential down payment of $70,000.

🔑The First Home Savings Account to save tax-free for your first home:

 Is a new registered plan that offers an innovative way for first-time buyers to save. You can contribute up to $8,000 annually, tax-free, specifically for your first home purchase. This mirrors the tax advantages of a TFSA, making it a highly beneficial savings tool.

💰And don't forget the Home Buyers' Amount ( HBA )offering a tax credit of up to $10,000. ): 

Offering a non-refundable tax credit of up to $10,000, the HBA is a boon for first-time home buyers. This credit is applicable to the tax return of the year in which you purchase a qualifying home, whether it’s an existing property or one under construction.

Let's turn your home-buying dreams into reality. Contact The Wilson Team to explore these incredible options and start your journey to home ownership today!

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🎄 You know those moments when you're almost certain you're going to get the same gift for the third time in a row? That'...
12/07/2023

🎄 You know those moments when you're almost certain you're going to get the same gift for the third time in a row? That's exactly how we felt about the Bank of Canada's recent announcement—they've kept their key policy rate at a steady 5%. It's like getting another pair of socks as a gift; not exactly thrilling, but it does the job.

 

Variable rates are still high, but we're hoping for a rate drop in 2024! Canadians are ready for change, and the New Year promises declining rates. 📉

 

With inflation cooling down, there's hope for more rate-cut action in the coming year. Let's cherish this gift of stability from the Bank of Canada and hope for an even more exciting present in 2024! 🎉

 

Cheers to a rate-holding, holiday-loving Bank of Canada! 🥂

 

Can't be all about work and no play! Real estate investing is a lot of fun! It is important to love what you do. It can ...
02/20/2023

Can't be all about work and no play! Real estate investing is a lot of fun! It is important to love what you do. It can be scary at first, but then it can be addictive once you get the strategy and process down. It is so important to have a mentor and make sure you have the right team in place.

Know your your niche and trust the process. People always say it's easier when you do it all day long, but lending money will not make you an expert in all things real estate investing. Lending is a part of it, but not all of it. You also have to have someone in your corner who is creative when it comes to financing, understands goals, scaling, tax structure, lenders to work with, types of property's, and deal set up. There are many moving parts, so you cannot just go anywhere and work with inexperienced lenders.

Choose your team wisley, and when you know what you want and how to achieve it, the fun really begins!

I certainly do not cash flow all property because at the end of the day, the property has excellent assets such as neigh...
02/20/2023

I certainly do not cash flow all property because at the end of the day, the property has excellent assets such as neighborhood, access to amenities, appreciation opportunity, and the ease of managing.

Many people forget that there are many other ways to win in real estate, and cash flow is not always the driving force for what I want to own.

If you are already in a very highly tax bracket and you are not looking to leave your job, then adding more income such as pure rental income just causes more taxes. It is important to create lost opportunity costs and work on paying less taxes today and create cash flow for early retirement when your tax bracket is much less.

Do not discount the power of real estate without cash flow. I have some amazing properties that are extremely low maintenance and have excellent resale value, future potential, and easy to rent. Time is also a very valuable commodity.

# appreciation

The Smith Maneuver is a legal tax strategy that effectively makes interest on a residential mortgage tax-deductible in C...
02/04/2023

The Smith Maneuver is a legal tax strategy that effectively makes interest on a residential mortgage tax-deductible in Canada. As a financial planning strategy, the Smith Maneuver involves converting the interest a homeowner pays on their mortgage into tax-deductible investment loan interest.

There’s a tax rule in Canada, where if you borrow money to invest in an income-producing investment (like a dividend-paying stock or an investment property), you can deduct the annual interest paid on the investment loan from your income tax.

We’re certified and experienced with helping Canadians optimize their mortgages and their finances. We help you to go through the entire process of analyzing your unique financial situation and then setting up the Smith Manoeuvre for you. We will also show you how beneficial it could be to your short - and long-term goals. If you are looking to increase your net worth, pay your mortgage off faster, pay less tax, and use money you already have, then send us a message and set up a strategy call.

If you are looking to create a backyard oasis for 2023, refinancing is the easiest and least expensive way to do it. For...
01/30/2023

If you are looking to create a backyard oasis for 2023, refinancing is the easiest and least expensive way to do it.

For every $20,000 you add to your mortgage, the payment will roughly change about $100 a month, so it may make sense to leave your investments and savings alone.

The backyard oasis will also make it more appealing to buyers in the future!

As Warren Buffett said, “The best investment you can make, is an investment in yourself. The more you learn, the more yo...
01/18/2023

As Warren Buffett said, “The best investment you can make, is an investment in yourself. The more you learn, the more you'll earn.

Here are the top ways to take care of yourself :

1. Take responsibility for your own life. Do not worry about what anyone else is doing

2. Set S.M.A.R.T goals. Specific , measurable, attainable , realistic and time -bound

3. Learn how money works -must read effect and there are so many life changing books

4. Take care of your physical health - even if you move 30 mins a day

5. Take care of your emotional health-stress anxiety. are the number one issues that steal our health and time and prevent us from living a great life

6. Constantly improve your professional skills - don't just show up and go home.be the best and learn new skills

7. Learn new skills - develop your mind , creative thinking and leanr how to make more than 1 stream of income

8. Spend wisely - do not buy what you cabt pay cash for

9. Open investment accounts

10. Fine a business coach or mentor

11. Keep in touch with loved ones - relationships are so important, so try to forgive easily, lower expectations for your own joy, and ask for forgiveness

12. Dump guilt - make peace about your past. It's destructive. Apologize or forgive yourself and take the lesson

13. Be a blessing around you

14 learn to s"no" sometimes. Not everything requires you to drop everything

15. Learn to say "ys" . Be open to new possibilities, experience, relationships and habits

16. Travel more

17. Take critical advice from those you wish to be like

18. Pursue only your true goals not the goals of others

” Do you have questions about achieving your best financial future?

Did you know you can buy a second home with 5% down, but a rental property requires 20% down payment?The biggest differe...
01/13/2023

Did you know you can buy a second home with 5% down, but a rental property requires 20% down payment?

The biggest differences are with a rental property, you can use rental income to help increase buying power but a second home that a partner, child ,friend or just a vacation home for your family will have to be qualified on your income alone.

The second home gets the best residential mortgage rates, but a rental is typically subject to a slightly higher rate.

Both options are subject to tax when sold.

If you do have a family member living there, then you typically can not call it a rental when it comes to lending as it's considered an owner occupied property when immediate family lives there.

If you need more info on second home verses rental, reach out to our team and make sure you are structuring either option correctly! ✅️

My favourite style is Farmhouse and Modern Farmhouse 🏡✨ Modern Farmhouse style consists of country inspiration with a mo...
01/10/2023

My favourite style is Farmhouse and Modern Farmhouse 🏡

✨ Modern Farmhouse style consists of country inspiration with a modern or urban edge.

Here are the reasons why this style is so popular:

👉🏻 It is warm and approachable

👉🏻 It’s a versatile style that mixes well with other styles

👉🏻 It’s family friendly

👉🏻 It’s easy to find at local and online stores

Are you a fan of this style? Let me know in the comments below ⬇️ 






Credit is your adult passport to life. Not only can you save thousands of dollars on so many day to day products such as...
11/24/2022

Credit is your adult passport to life. Not only can you save thousands of dollars on so many day to day products such as insurance, phone bills, borrowing, and mortgage rates, but you can also get access to many mortgage products that will help you to leverage real estate!

It allows you to refinance to invest, buy as a self employed borrower using stated income, increase your pre approval amount, borrowing capabilities, leverage, get access to investment loans, private funds, get a business loan, and so much more. All of these are worth so much more than just having access to $100,000.

It opens doors and opportunities that you would never have if you do not take care of your credit.

If you have any questions when it comes to learning how to build your credit score or what you could access with a high credit score, reach out to our team!

11/24/2022

We are always there for our clients no matter when real estate is happening! We also love getting to know our clients so that we can truly help create a path to success and align finances with their goals.

As serious as we need to be, we can also have fun even of we are talking about money.

If you are needing to talk to a professional that does not just do "mortgages" but also takes the time to build a short and long term strategy of building wealth and learning how to wipe out that mortgage in record time The Wilson Team is here to help!


Address

174 Wild Senna Way
Ottawa, ON
K2J5Z5

Opening Hours

Monday 9am - 9pm
Tuesday 9am - 9pm
Wednesday 9am - 9pm
Thursday 9am - 9pm
Friday 9am - 9pm

Telephone

+16134400134

Website

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