Currently only the 8% PST applies to most brokerage boats for sale.  Effective July 1, 2010, the new Harmonized Sales Tax takes effect, meaning that Ontario residents will be charged a tax rate of 13% on all pre-owned boat sales.  If you purchase a boat and transfer the ownership prior to July 1, 2010, only the 8% PST applies.  BUY NOW AND SAVE ON TAXES! Contact us for more details.

Operating under the North South Nautical Group banner, North South Yacht Sales specializes in the sale of pre-owned power and sailing yachts. With its head office based in Port Credit Harbour Marina, North South Yacht Sales is the largest yacht brokerage in Ontario with various locations throughout the Province. In addition, the NSNG team has built strategic alliances with brokerage firms in the United States and the Caribbean.

Heading up North South Nautical Group Inc. is Mike Burns, President. Burns has an extensive knowledge of the marine industry, and brokerage sales in particular. In addition to being a Certified Professional Yacht Broker, Burns was the General Manager of the largest yacht brokerage in Canada, Clift’s Marine Sales, for more than 6 years. He sits on the Board of Directors for the Yacht Brokers Association of America, and serves on the Certification Advisory Committee for the Certified Professional Yacht Broker program. Working closely with these esteemed organizations, and adapting the high level of standard and practices that these organizations demand has enabled North South Nautical Group Inc. to immediately attain recognition of an "Endorsed Brokerage" by the CPYB program. North South Nautical Group Inc. is the first yacht brokerage in Canada with this rating.

As a freelance writer for several major boating publications, and as a segment host for Power Boat TV, Burns is a well recognized figure in the marine market place. Utilizing these strategic alliances, North South Nautical Group Inc. will be marketed in a variety of ways for maximum exposure.

According to Burns,

"Our marketing strategy is to emphasize the fact that our company is a ‘Pre-Owned Yacht Specialist’. Our goal is to become the preferred brokerage of choice for customers who are either looking to buy or sell previously owned yachts. New boat dealers that also sell pre-owned inventory may tend to focus on selling new boats and trade-ins. Arguably, boats on consignment do not receive the same level of service. With NSNG, our entire focus is pre-owned —there is no potential conflict of interest."

The recent economic times are proving to be challenging for those companies whose prime focus is on new boat products. The pre-owned market is significantly larger than the new boat sector, and history has proven, and continues to prove that brokerage firms specializing in pre-owned yachts in general stand the test of time in such volatile markets. North South Nautical Group Inc. looks forward to a long and successful relationship with new clients, and with many customers already known to our team.

North South Nautical Group is featured in the May 2009 issue of Yachtworld.com Magazine.  This premier publication is distributed throughout North America and Europe.  In addition, each issue is also available in electronic format.  Click on the link below to view the full article.

Issue 16 - May 2009 - Yachtworld Digital Magazine