Ontario Land Transfer Tax Calculator 2024. Based on ontario land transfer tax rates, the refund will cover the fully taxed amount on houses up to $368,000. Land transfer tax varies by region.
For purchases in the city of toronto, the municipal land transfer tax is subject to an admin fee of $75 plus hst. To obtain this refund, you need to apply within 18 months after the purchase of the home.
It Is Calculated As A Percentage Of The Purchase Price, And It Ranges From 0.5% To 2%.
Whether you are looking for a condo in.
For A Transfer Of Land Or Disposition Of Beneficial Interest In Land In Which The Value Of The Consideration Equals $400,000:
The land transfer tax is a provincial tax that all buyers of residential property in ontario must pay.
Ontario Land Transfer Tax Calculator 2024 Images References :
Stay Informed And Budget Accordingly:
To obtain this refund, you need to apply within 18 months after the purchase of the home.
When You Buy Land Or An Interest In Land In Ontario, You Pay Ontario's Land Transfer Tax.
Land includes, but is not limited to, any buildings, buildings to be constructed, and fixtures (such as light fixtures, built‑in appliances and cabinetry).