Ontario & Toronto Land Transfer Tax Info
Quick Land Transfer Tax Reference Tool
Quick Reference Tool for looking up information about the Ontario and Toronto Land Transfer Tax:
View "both" calculations side by side to compare.
Land Transfer Tax Forms can also be found on our site http://www.suttonrealty.com/Land_Transfer_Tax/page_1951102.html
Most first time buyers do get a price break from both the City of Toronto and Province - Basic Overview:
First time home buyers of brand new and re-sale homes will receive a rebate of the Toronto land transfer tax of up to $3,725 (this equals a 100% rebate on homes purchased for up to $400,000). Check out our website for full details.
If you are buying outside of the City of Toronto the Toronto Land Transfer Tax is not applicable.
Province of Ontario:
First time purchasers may be entitled to a refund of Ontario’s land transfer tax, up to a maximum of $2,000. This refund is usually claimed at the time of registration. If not, the refund may be claimed directly from the Ministry of Revenue. Check out our site for full details.
This tax is applicable to purchase throughout the Province of Ontario
If you have any questions feel free to call us at 416-896-3333 or visit Http://www.SuttonRealty.com