Residential properties are generally NOT subject to GST or PST, they are however subject to land transfer tax. This is a tax imposed and calculated on the value of the property being registered in the land registration office. It's calculated in the following manner .005% for the first $55,000, .01% on the balance up to $250,000, and .015% over $250,000. The formula of 1% of the purchase price-$275, also works providing the purchase price is less than $250,000.
Great news as well for first time home buyers the province is rebatting first time home buyers to a maximum of $2,000.