Capital Cost Allowance on Personally owned Rental Properties

[Nicholas Montevecchi]

Hey there fellow CAD investors! I am having some discussions regarding Capital Cost Allowance with my accountant and would like to get some feedback from people on this site who have experience and opinions on this topic. It is one which I have been pondering for some time now. 

I currently own several rental properties in NL, Canada. All the properties in my portfolio are owned personally and not through a company at this stage in my RE journey. 

Based on the above information my question is are there circumstances in which applying the CCA on the home itself is a good idea when the properties are owned personally? From my calculations it appears as though by not applying a CCA my long term NPVs are healthier however, given my tax bracket, I will run into situations in which I have negative after tax cash flows if I choose not to apply them. 

Would welcome any insights or comments on this subject as tax season is around the corner. 

Thanks in advance. I have attached an example spreadsheet of one such property for reference. I look forward to the discussion.