Assuming the condo is in your name and not your daughter's name.
At the moment, there is nothing to report regarding this condo (there is no income related to this condo). When you sell it, you will have to report the capital gains on this property, as it will not be considered your principal residence (and therefore the gains are not sheltered under the principal residence exemption).
As for the education tax credit, do you mean your daughter transferred her tuition to you? Could you elaborate on this tax credit? Is this specific to your province?
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