Shabbir Burhani

Shabbir Burhani

Sales Representative
CENTURY 21 Innovative Realty Inc., Brokerage*
  • 647-519-2152
  • 416-298-8383
  • 416-298-8303
  • 3-2250 Markham Road
    Toronto, ON M1B 2W4
Contact Me

Buy or Sell through me

 

Professional Background

I first developed an interest in business at a young age. I built my own retail business in Zanzibar, Tanzania. Having to travel abroad to purchase merchandise in whole-sale allowed me the opportunity to attain valuable skills in the realm of purchasing and selling. Once settled in Ontario, Canada, I worked in several aspects of the insurance industry as an underwriter in personal and commercial lines. Subsequently, I have successfully attained my Chartered Insurance Professional designation. I am now a sales representative at Century 21.

Personal Background

I was born and raised on the beautiful island of Zanzibar, Tanzania in East Africa. Now settled in Ontario, Canada, I now live in Markham with my mother, wife, and two children. I have two children, a son, 21, and a daughter, 19 years of age. Both my children are currently obtaining a post-secondary education; my son is studying Engineering, while my daughter is studying Kinesiology. 

While I lived in Tanzania for most of my years, I have also resided in Mumbai, India for a couple of years. Having lived in three different countries, I have gained vast knowledge and appreciation for different ethnicities, cultures, and lifestyles - all of which strengthen my ability to meet your individual needs.

Personal Interests

As a family oriented man, I have to say I highly enjoy having family and friends nearby, whether we’re actively out and about or simply having a quiet dinner together. In my downtime, I enjoy staying active outdoors, watching movies, barbecuing, and going on road trips. 

I love being in the ocean whether it’s to go boating, fishing or swimming, thereby making my trip to Cuba one of my favorites. I've also visited several countries in Africa, India, Europe, the Middle East and Far East. Recently, I also enjoyed an incredibly scenic drive across the East Coast of Canada. 

I have a great passion for sports with soccer, badminton, and volleyball being my strongest. When it comes to indoor games, I enjoy playing ping pong, snooker, and darts.

Community Involvement

I have taken the incredible opportunity to work with the Heart and Stroke Foundation of Markham by raising pledges via door knocking in my neighborhood. 

I play a consistently active role in my religious community as part of various committees in my community mosque. I work with a team to plan several events throughout the year. As a member of the maintenance team, on a purely voluntary basis, I often take the time to help maintain the community center and place of worship through construction work and paint jobs. 

Education

I have attained my Chartered insurance professional (CIP) designation.

I can proudly say I have been coached in all things Real Estate by the astounding Rob Vivian. 

Specialties

Helping new immigrants settle in Canada by finding the perfect home for them is my passion. I specialize in providing clients with investment opportunities, help with purchasing and selling homes, finding retirement homes and finding commercial properties for business means. Allow me to do any of the aforementioned and more for you.

One-Day Insider Sales Event

Saturday, May 12th, 2018 - 11 AM

At: The Netwyn Place (10 Thornmount Dr, Toronto)
  • Modern Townhomes in North of Oshawa Starting from the Low $500Ks

  • Laminate Floor in Great Room
  • 9 Ft. Ceilings 
  • Extended Upper Cabinets in Kitchen
  • 5-Appliance Stainless Steel Package
  • Granite Kitchen Countertop
  • Deposit of $15,000 On Signing
  • 1 Year Maintenance Free
  • Assignment Fee $500 (Limited Time)
Click Here For Brochure, Floorplans, Worksheet, Etc.

Markham Downtown Condo's on sale

Land Transfer Tax In Ontario

4 things to know about the new Land Transfer Tax rules in Ontario

 

 

The Ontario government just announced changes to the Provincial Land Transfer Tax rates effective January 1, 2017. Here are 4 things you need to know.

  1. There is an increase in the first time buyer rebate from $2,000.00 to $4,000.00, effective January 1, 2017

This is the largest benefit to first time buyers. But your deal must CLOSE after January 1, 2017. If you close in 2016, you cannot apply for this credit in next year. Therefore, if your deal is closing in December, 2016 and you are a first time buyer, explore whether your deal can be extended to the first week in January, 2017 and you will then qualify for the rebate.

  1. Who qualifies for the first time buyer rebate?

There is still confusion about this. To qualify for this Land Transfer Tax rebate, you cannot have owned a home previously, anywhere in the world. You must also be making your home your primary residence within 9 months of closing. So if you are planning your first home to be an investment property, you do not qualify for the first time buyer rebate.

In addition, if you are married and if your spouse owned a home while they were married to you, then you are not eligible for any Land Transfer Tax rebate. But if your spouse sold their home BEFORE getting married to you, then you will still be eligible for the full rebate. The tricky part is that you have to apply for half the rebate on closing and the other half within 18 months after closing, once you provide additional documentation proving you qualify. These rules also apply to common law spouses as well.

If you qualify for the rebate and you take title with your parents, who may be assisting with your mortgage, then although your parents may not qualify for the rebate, if you take title 99% in your name and give your parents 1%, this will still satisfy your lender and you can obtain the benefit of 99% of the total rebate.

If you are not a Canadian Citizen or permanent resident, then you will not qualify for the rebate effective January 1, 2017. However, if you become a permanent resident within 18 months after closing, you can then apply for the rebate that you would have been entitled to.

  1. There will be Land Transfer Tax increases taking effect January 1, 2017 as well

There were also increases announced to Provincial Land Transfer Tax rates taking effect January 1, 2017 as well. The biggest one is that now for every commercial, industrial, apartment building or vacant land that costs more than $400,000.00, the tax rate will increase from 1.5% to 2%. This means that for example, a plaza that costs 1 million dollars, the provincial Land Transfer Tax will increase from $13,475 to $16,475, effective January 1, 2017.

In addition, if you buy a house or duplex that costs more than Two million dollars, the tax will increase from 2% to 2.5% for every dollar over two million.

There is a transitional provision that says that if you signed your purchase agreement BEFORE November 14, 2016, then you can still pay the current Land Transfer Tax rate if you close in 2017.

  1. Will these new rules also apply for Toronto’s Municipal Land Transfer Tax rates

If you buy a home in Toronto, you pay a second Municipal Land Transfer Tax at closing. While the City of Toronto has not yet announces whether they will also increase their rates according to the Province increases discussed above, I anticipate that these increases will also take effect in the New Year as well.

 

If you are looking to purchase a home in the Toronto or the surrounding area please call myself to discuss further details on the new land transfer tax and how it will effect you.