Buyer Information

Buyer's Guide - Information makes the difference.

Land Transfer Taxes

Purchasers in most large Canadian centers can add Land Transfer Taxes to their list of closing costs.

Below you will find a Land Transfer Tax Calculator for the province of Ontario.

Ontario Land Transfer Tax (Residential)

Enter the purchase price: $

	Is the property located in Toronto ?
	Are you a first buyer?

Provincial Land Transfer Tax Amount $	Toronto Land Transfer Tax Amount $	Total Land Transfer Tax Amount $

Current as of 02/01/08.

No dollar signs, commas or decimals

Ontario Land Transfer Tax Explained

Ontario Land Transfer Tax
0.5% -	on the first $55,000
1.0% -	on portion between $55,000 - $250,000
1.5% -	on balance over $250,000
2.0% -	on anything over $400,000
Qualifying first time buyers receive a $2000 credit

Toronto Land Transfer Tax
0.5% -	on the first $55,000
1.0% -	on portion between $55,000 - $400,000
2.0% -	on anything over $400,000
First time buyers are exempt on the first $400,000

Buyer Information Index:
»	What are your costs?
»	What are Market Conditions?
»	Why a Pre-Approved mortgage?
»	Elements of an offer
»	Making an offer
»	Home Inspections are a must
»	Homeowner's Insurance
»	Land Transfer Taxes
»	Helpful Moving Tips
»	Why hire a legal professional?

Lena Falcone, B.A., MSc.Ed.
- Sales Representative -

afalcone@trebnet.com

Right At Home Realty Inc., Brokerage

7045 Edwards Blvd., Ste. 401, Mississauga, Ontario L5S 1X2

Phone 905-565-9200

Fax 905-565-6677

Not intended to solicit properties currently listed for sale
or individuals currently under contract with a brokerage.

The material provided in the pages of this website is for informational purposes only. Although the site owner and creators assume the information to be correct, and attempt to keep information in the pages of this website as current as possible, they do not warrant the accuracy or completeness of any information included in or linked to this page.