Richmond Hill Real Estate | Aurora Real Estate

The Province of Ontario has just announced that it is extending the land transfer tax refund for first time buyers of newly constructed homes to now include resale homes. This means that first time home buyers can now save up to $2,000 on a resale home purchase. The legislation for this rebate has not yet been passed, but any first time home ...

Thanks to the efforts of the Toronto Real Estate Board and the general public, that lobbied the municipal government, the City of Toronto land transfer tax has been postponed until after the provincial election in October. There was a narrow win of 23 votes to 22 in favour of postponing a decission on this proposed tax. Now we will all have to ...

Toronto is proposing it's own land transfer tax on all properties sold in Toronto. This is on top of the existing Land Transfer Tax that is levied by the Ontario government. Under the powers that were recently given to the City of Toronto, under the new City of Toronto Act, you could be required to pay an additional 0.5% of the purchase price in ...