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Selling Services
Items Ready
Before Listing
Listing Plan
Prepare
Your Home
Determining
Value
Pricing Your
Property
Realtor Role
Reasons For
Listing
The Right
Buyer
Principles Of
Evaluation
Commissions
What Is My
Home Worth?
Land Transfer
Tax
Sale Expenses
Purchase
Expenses
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LAND
TRANSFER TAX
Provincial (outside
of the City of Toronto)
For
Single Family or Two Family Homes
- Up to $55,000 -> 0.5%
- $55,001 to $250,000 -> 1%
minus $275
- $250,001 to $400,000 -> 1.5%
minus $1,525
- $400,001 & up -> 2% minus
$3,525
The first time buyer rebate will reduce the Land Transfer
Tax by up to $2,000 for principal residence.
City of Toronto
(including Provincial Tax)
For Single Family or Two
Family Homes
- Up to $55,000 -> 1%
- $55,001 to $250,000 -> 2%
minus $550
- $250,001 to $400,000 -> 2.5%
minus $4,275
- $400,001 & up -> 4% minus
$7,800
First time Buyers of principal residences in Toronto receive
rebate of up to $3,725 along with their Provincial rebate
of up to $2,000.
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