Land Transfer Tax
Friday Jan 11th, 2019
ShareWhen you buy land or an interest in land in Ontario, you pay Provincial Land Transfer Tax. It is due at the time the property is registered and the transaction closes. Ontario Land Transfer Tax is calculated on a graduated scale ranging from 0.5% to 2%: the more expensive the home, the higher the rate of tax you pay. Here are 3 examples of home values and the Land Transfer Tax due: Home... [read more]