Toronto and the surrounding area have different land transfer tax rates. If you are a first time buyers you have rebates available to you. The Ontario Land Transfer Tax applies to all purchases in the Province based on the Purchase Price. In addition Toronto Charges their own Land Transfer Tax.
http://www.mortgagealliance.com/VeronicaThompson/affordability-calculator This Calculator was provided by Stan Gelman to assist you in your real estate transaction. Give Stan a try. The fees quoted are for a normal residential purchase transaction up to $550,000. Additional Fees May Apply Purchase Mortgage $300 Title Insurance $250 - $350 (Relates to Purchase Price) Disbursements Searches Courier etc +/- $300.00 Rebates may vary; previous ownership and marital status. For additional information, please contact Stan Gelman at (905) 270-5110 or email Stanley Gelman, Q.C. (firstname.lastname@example.org) Closing costs calculator provided by Stanley Gelman www.wiselawyer.ca
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of service provided by the real estate professionals who are members of CREA. Used under license
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license