Tom McEvoy

Affiliated Real Estate Agent
264 Front Street
Belleville, ONK8N 2Z2
Office: 613-967-2100
Office Fax: 613-967-4688
Cell: 613-242-1045
Toll Free: 1-877-752-5558
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Tom McEvoy

Tom McEvoy Affiliated Real Estate Agent

CENTURY 21 Lanthorn Real Estate Ltd., Brokerage*
264 Front Street
Belleville, ONK8N 2Z2
Office: 613-967-2100
Cell: 613-242-1045
Toll Free: 1-877-752-5558
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First Time Home Buyer Tax Credit

Are you a first time home buyer? Do you know about the first time home buyer tax credit? In 2009 the federal government of Canada has introduced a taxable credit for when you are ready to purchase your first property. The credit is a non refundable tax credit you can claim if you purchase a qualified home that can reduce your federal income tax that you pay. This is reported on line 369 of your ...

Build Belleville

In the past few years, there have been numerous changes to the great city of Belleville. Mayor Neil Ellis has taken a proactive approach to building up this city and helping us bridge the gap to get us to that next level. The Mayor has pointed out the all too important fact that we need to invest into the basic needs of our city. Along with correcting the major infrastructure issues, Belleville also ...

City of Belleville Facade Program

City of Belleville- Façade Improvement Program General Eligibility Criteria All proposed improvement projects will be assessed under three main considerations: 1. Consistencies with these design guidelines and the original architectural design of the building. 2. The extent to which a project improves the overall appearance of the property and of adjacent and nearby buildings. ...

Tom's Biography

Born and raised in Toronto, Ontario, Tom has been bringing his expertise in residential, commercial and investment real estate for over 6 years. With family and friends in the surrounding Quinte region, Tom has built a reliable and trust worthy relationship with the Belleville community. Tom’s genuine passion for real estate and the Belleville area have made him a trusted and reputable agent. ...

Ontario’s economic Performance and Rental Market Trends and Forecast:

Within Canada, Ontario’s economic performance has been mixed, with construction of commercial properties overflowing and the housing market maintaining its upward path despite some overvalued markets (GTA).[1] Ontario produces 37% of Canada’s GDP and 38% of Canada’s merchandise exports. [2] Households have shown increased caution with respect to spending, due to the weakening retail ...

2012 Economic Overview

Canada’s Economic Overview: After the long recession and the ripple effects that impacted the economy since 2008, Canada’s economic growth in 2012 is not expected to come in below 2% in 8 of 10 provinces and less than 3% in nation leading Alberta and Saskatchewan, TD’s Economic Trends reports.[1] This is due in part to the high levels of risk still associated with Europe and the ...

Gross Income Multipliers

Gross income multipliers (GIM) are used to establish a rough estimate of the value of an investment property. Also known as the gross rent multiplier, the GIM is found using the ratio of sale price to gross operating income. The gross operating income reflects the annual rental income collected from all occupied units as well as income from other sources (laundry facilities, charges for parking etc). ...

Niche Marketing

Wikipedia defines Niche Marketing as a focused targetable portion (subset) of a market. I have always had an interest in commercial and investment real estate. I finally decided to carry that interest into my business plan and establish myself as a local expert in that sector. At the moment I made this decision an amazing change occurred in the way that looked at doing business. Prospecting, the ...

Investment Properties 101: Capitalization

 Capitalization, also known as cap, is one of the most common methods to effectively estimate the value of an income producing property. This method is used by investors, lenders and appraisers for various kinds of income producing properties such as; apartment buildings, commercial spaces and multi unit family homes. Two main methods are used to calculate the capitalization rate: direct capitalization ...

Landlord 101: Investment Property Basics NO PETS NO SMOKING

Landlord101: Investment Property Basics No pets, no smoking As a landlord, you are allowed to put “No pets” and “No smoking” clauses into your lease agreement. “No pets” clauses in a tenancy agreement are technically void, as is goes against the Residential Tenancies Act in Ontario, and there is little that can be done if a tenant indicates they have no pets, ...