Abacus by magnuscanis
A few weeks ago, we introduced the highly popular Greater Toronto Area Property Tax Calculator. Tax questions are always an unpleasant pain for every (future) homeowner, therefore Toronto realtor Heather Hadden has prepared one moe calculator for you - Toronto and Ontario Land Transfer Tax Calculator and FAQ.
Buying Your First House:
Getting over the hurdle
Getting over the hurdle
Don't be fooled—'land' doesn't mean only farm land; it includes land and all constructions. Depending on the value of consideration, tax liability can reach several thousand dollars, so it is definitely necessary to include it in your calculations.
