Land Transfer Tax- Give Us A Break!

 Closing costs for buyers wanting to purchase a home can be around an extra 2-2.5 % of the purchase price of the home.  This consists of Legal Fees and Disbursements and  is on top of their required minimum 5% downpayment.

The largest amount is paid to the province to register the property transfer.  Considering a $300,000 home totals over $3500 in just the land transfer tax and doesn't include  the other required expenses.

I have attached the link for more information and to help reduce this fee by emailing the MLA.                   

  Land Transfer Tax


Alison O’Toole

Alison O’Toole

CENTURY 21 Bachman & Associates
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