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?
 
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