Land Transfer Tax Calculator

 

Land transfer tax (LTT) is often overlooked when considering the total cost of purchasing a home. All provinces have a land transfer tax, except Alberta and Saskatchewan, who instead levy a much smaller transfer fee.

 

In most provinces the tax is calculated as a tiered percentage of purchased price. Homebuyers in Toronto, however, also incur an additional municipal tax.

 

To help offset the unwelcome cost, Ontario, British Columbia, Prince Edward Island and the City of Toronto offer land transfer tax rebates for first-time homebuyers.

 

Justin Cannon

Sales Representative

 

Sutton Group Innovative Realty Inc.

#1-1423 Upper Ottawa St., Hamilton, ON  L8W 3J6

 

Office: 905.575.7070

Fax: 905.575.8878

Direct: 905.746.5727

Email: jcannon@sutton.com

www.maketheidealmove.com

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Angelo Mulè

Sales Representative

 

Sutton Group Innovative Realty Inc.

#1-1423 Upper Ottawa St., Hamilton, ON  L8W 3J6

 

Office: 905.575.7070

Fax: 905.575.8878

Direct: 905.536.8550

Email: angelomule@sutton.com

www.maketheidealmove.com

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