Gift of Real Estate

The gift of real estate allows you to give an immediate gift and receive an immediate tax receipt for the fair market value of your property. These gifts of include: residences, farms, land and commercial property. Giving a gift of real estate allows you to simplify your estate and give to The Friends of Algonquin Park during your lifetime. This type of gift may appeal if you are looking at ways to reduce your income tax now and are not in need of the proceeds of the sale of your property.

Once you have notified us that you are considering a gift of real estate, The Friends of Algonquin Park begins the valuation process. An appraiser must appraise the property and give a value to the property. You sign and deliver a deed transferring the property to The Friends of Algonquin Park and a receipt is issued to you for the fair market value as of the day on which the transfer takes place.

More Information

To discuss your gift of real estate, please contact:

Partnership Coordinator
The Friends of Algonquin Park
Box 248
Whitney, Ontario K0J 2M0
Phone: (613) 637-2828 ext. 239
E-mail

Related Information

• Residual Interest
• Registered Assets
• Charitable Remainder Trust
• Gift of Life Insurance
• Bequest
• Endowment