Manage my rental property
Thousands of Canadians have discovered that Manulife One is a simple and effective tool for managing their personal finances. Did you know that Manulife One can also help you manage your investment properties?
Manulife One for investment properties
Investing in real estate can be an attractive and effective way to build wealth but it takes a lot of time and energy to manage the financial aspect of your investment. Manulife One can simplify that and provide you with easy access to the equity you’ve accumulated.
Manulife One can help you:
- Track expenses. Because Manulife One combines your mortgage with your chequing account, all of your rental expenses and income can be managed from a single account. This makes it easy to track interest and maintenance costs for taxation purposes.
- Access equity. You can use the equity accumulated in your investment property, up to your borrowing limit, to finance repairs, purchase additional properties or address other financial needs.
- Accelerate debt repayment. By having rental income flow directly into your Manulife One account, you can potentially pay down your debts faster and save interest.
What kinds of properties qualify?
Manulife One is available for a broad range of investment properties. Eligible properties include: a single-detached home, townhouse, duplex, triplex, fourplex or condominium in one of the eligible communities.
Eligible communities
- The Manulife One account for owner occupied investment properties is available across Canada, excluding the territories.
- The Manulife One account for non-owner occupied investment properties is available in the following communities:
West |
Ontario |
Québec |
East |
|---|---|---|---|
Abbotsford-Mission |
Barrie |
Drummondville |
Cape Breton (Sydney) |
Chilliwack |
Belleville |
Granby |
Charlottetown |
Courtenay |
Brantford |
Joliette |
Fredericton |
Kamloops |
Brockville |
Montreal |
Halifax |
Kelowna |
Chatham-Kent |
Québec |
Moncton |
Nanaimo |
Cornwall |
Rimouski |
Saint John |
North Cowichan |
Guelph |
Rouyn-Noranda |
St. John’s |
Penticton |
Hamilton |
Saguenay |
Truro |
Prince George |
Kawartha Lakes |
Saint-George |
|
Vancouver |
Kingston |
Saint-Hyacinthe |
|
Vernon |
Kitchener/Waterloo/Cambridge |
Saint-Jean-sur-Richelieu |
|
Victoria |
Leamington |
Salaberry-de-Valleyfield |
|
|
London |
Shawinigan |
|
Edmonton |
Midland |
Sherbrooke |
|
Fort McMurray |
Norfolk (Simcoe-Nanticoke) |
Sorel-Tracy |
|
Red Deer |
North Bay |
Trois-Rivieres |
|
Calgary |
Orillia |
Victoriaville |
|
Grande Prairie |
Oshawa |
|
|
Lethbridge |
Ottawa-Gatineau |
|
|
Medicine Hat |
Peterborough |
|
|
|
Sarnia |
|
|
Prince Albert |
Sault Ste. Marie |
|
|
Regina |
St. Catherines - Niagara |
|
|
Saskatoon |
Stratford |
|
|
|
Sudbury |
|
|
Brandon |
Thunder Bay |
|
|
Winnipeg |
Timmins |
|
|
|
Toronto |
|
|
|
Windsor |
|
|
|
Woodstock |
|
|
Video: Manage my Rental property
