Land transfer taxes should always be considered when you are purchasing a home. They add an additional expense to your final costs and are calculated based on the purchase price of your property. Our calculator will tell you what you will pay for the land transfer tax based on your location.
It is always advisable to know all of the costs that will affect the final purchase price of your home. When using a land transfer tax calculator, you will know how much money will be added to your overall costs. If you live in Toronto, you will also have to pay municipal taxes.
In Ontario, there is a land transfer tax rebate available for first-time buyers. Speak to our team to learn more.
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