Tag: Land Transfer Tax

Tag: Land Transfer Tax

What is Land Transfer Tax and How Do I Calculate How Much I Owe?

As the famous saying goes – 'Nothing is certain except death and taxes.' When purchasing or selling a real estate property in Canada, you must consider...

Levy Zavet Lawyers: A Real Estate Lawyer’s Top Tips for First-Time Homebuyers in 2020

As 2019 came to a close, many Canadians are setting their sights on 2020 and making plans for the next decade. If one of your New...

New 2017 Ontario and Toronto Municipal Land Transfer Tax Rates

The new City of Toronto Land Transfer Tax Rates which are effective March 1, 2017 are as illustrated below. The City has decided to harmonize their...

LAND TRANSFER TAX IN ONTARIO: And now the HST!

In Ontario, the land transfer tax has to be paid if land is purchased in the province or an interest in land is acquired therein. This...

LAND TRANSFER TAX – Avoiding the tax, Trustee to Beneficiary

A client came into see me and wanted to transfer title to his property from his parents name to his and his wife.  He was concerned...