Sunil  Angrish

Sunil Angrish

Broker, Office Manager

iPro Realty Ltd.*

Mobile:
519-717-6707
Office:
1-877-306-IPRO (4776)
Email Me
Sunil  Angrish

Sunil Angrish

Broker, Office Manager

iPro Realty Ltd.*

Mobile:
519-717-6707
Office:
1-877-306-IPRO (4776)
Email Me

Land Transfer Tax Details

Land Transfer Tax

Purchasers in most large Canadian cities can add Land Transfer Taxes to their list of closing costs. Unless you live in Alberta, Saskatchewan, or rural Nova Scotia, land transfer taxes (or property purchase tax) are part of the deal. These taxes, levied on properties that are changing hands, are the responsibility of the purchaser. Depending on where you live, taxes can range from half of a percent to two percent of the total purchase price.

Many provinces have multi-tiered taxation systems that can be complicated.
For example, if you purchase a property for $300,000 in Ontario, 0.5% is charged on the first $55,000, 1% is charged on $55,000 - $250,000, while the $250,000 - $400,000 range is taxed at 1.5%. Your total tax bill? $2,975.00.

The following chart illustrates Land Transfer Taxes by province.

ONTARIO
Land Transfer Tax (go to calculator)
Up to $55,000 X 0.5% of total purchase price
From $55,000 to $250,000 X 1% of total purchase price
From $250,000 to $400,000 X 1.5% of total purchase price
From $400,000 up X 2% of total purchase price
BRITISH COLUMBIA
Property Purchase Tax
Up to $200,000 X 1% of total purchase price
From $200,000 up X 2% of total purchase price
MANITOBA
Land Transfer Tax
Up to $30,000 N/A
From $30,000 to $90,000 X 0.5% of total purchase price
From $90,000 to $150,000 X 1% of total purchase price
From $150,000 up X 1.5% of total purchase price
QUEBEC
Transfer Tax
Up to $50,000 X 0.5% of total purchase price
From $50,000 to $250,000 X 1% of total purchase price
From $250,000 up X 1.5% of total purchase price
Halifax Metro
1.5% on total purchase price
Outside HalifaxCounty
Check with local municipality.

Have Questions?

Welcome to my website www.sunilsells.com. Full time award winning Brantford based real estate broker/ Manager, who has helped hundreds of clients to reach their residential and commercial real estate goals. Let me take this opportunity to introduce myself.

Immigrated from India, I have been residing in Brantford for more than 15+ years. I have completed bachelor degree in Science (B.Sc.), Project management education from Humber college Toronto & certified project management professional (PMP) from PMI. Before entering into real estate, I have worked in the pharmaceutical field in both India and Canada.   I have been married for 15 years and blessed with two beautiful kids, boy & a girl. I like to run, work out and play competitive Soccer & Cricket. In my free time, I watch/read motivational speakers, watch hockey, football and tennis. Also, I have been involved as a volunteer with many "not for profit organizations". I am proficient in English, Hindi, Punjabi and Urdu.

 

I am also the co-founder of The Angrish Group (TAG) located at 156 Charing Cross Brantford Ontario N3R 2J4 which specialize in Real Estate - Residential & Commercial land use planning focusing on

  • Investment
  • Project Management
  • Land development for residential, commercial & industrial purposes
  • Severances
  • Minor variances
  • Subdivisions
  • Construction
  • Liaise with local municipalities
  • Appraisals & much more

Let's get connected to know more and how I can add value to every transaction!!!



Designation: PMP

Education: B.Sc. PMP

Speciality: Residential, Commercial, Lease, Investment,

Awards: Master Emerald, Master Silver, Master Ruby, Diamond

Area Covered: Brant, Paris, Brantford, Norfolk, Cambridge, Ancaster, Hamilton and area

Languages Spoken: English



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