Lillian Legault
Sales Representative Représentante immobilier
Lillian@LillianLegault.com www.LillianLegault.com
BROKERAGE Independently Owned and Operated.
Results of calculations are approximate and do not reflect property taxes or CMHC insurance premiums that may be required.
Calculations Ontario Land Transfer Tax Explained
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 up to a $2000 credit
Land transfer tax is applied on the sale price only.
Use the calculator above to obtain the amount of land transfer tax.
First time home buyers may be eligible for a land transfer tax rebate. For more information and eligibility please contact the Ontario Ministry of Finance, www.fin.gov.on.ca. Results of the calculation is for estimation purposes and only applies to Ontario residential properties. For additional information on Land Transfer Tax, visit www.cmhc-schl.gc.ca.
RE/MAX HALLMARK REALTY GROUP LTD., 101 – 2255, av Carling Ave, Ottawa, ON K2B 7Z5
Tel/Tél: 613-596-5353 Fax/Téléc: 613-596-4495
Independently Owned and Operated Brokerage
Ottawa West | Ottawa Central | Ottawa South | Ottawa East | Stittsville | Kanata | Barrhaven | Richmond | Carleton Place | CANADA
Trademarks owned or controlled by The Canadian Real Estate Association under license.
Information Deemed Reliable But Not Guaranteed.
© Copyright 2013 Lillian Legault