Email: leslie@powerspr.com
Cell: 416-671-7501
Office: 905-873-6111
Toll Free: 1-877-306-4776
Fax: 905-873-6114
iPro Realty Ltd. Brokerage
396 Mountainview Rd. S
Georgetown, ON
L7G 5X3

 

Buying

Whether you are a first time buyer or seasoned home owner, purchasing a house can be stressful and time consuming. Working with you to facilitate the process, I make the experience enjoyable and ensure the outcome exceeds your expectations. From providing expert advise during negotiations to offering recommendations on mortgage brokers, lawyers, insurance providers, home inspectors and experienced, first-rate local trades people, I promise this major investment is pleasurable and memorable.

Land Transfer Tax

Q. What is a Land Transfer Tax and how is it calculated?

A: The Land Transfer Tax is the tax home buyers pay to the Province of Ontario on the deed of the home or land they are purchasing. The rate of tax is based on the purchase price of the home:

  • 0.5% of the value up to and including $55,000, and
  • 1% of the value which exceeds $55,000 up to and including $250,000, and
  • 1.5% of the value which exceeds $250,000, and
  • 2% of the amount which exceeds $400,000.

Mortgage Calculator

Powered by Mortgage

 

Follow Me

Home | Listings | Selling | Buying | Your Community | Articles | About Me | Contact Me

© 2011 Leslie Powers. All rights reserved. | Website by Trap Inc.