Award winners represent the top 5% of their marketplace, based on gross, closed and collected earnings.2017For first-time inductees, repeat qualifiers, and sustaining members, attaining the Royal LePage President’s Gold Award (or any higher award level), five out of seven consecutive years. 2016, 2017

Manuel Choi 

Broker

최 상규

 

Director of the Mississauga Real Estate Board,

2014, 2016, 2017, and 2018

 

Official Member of Royal LePage Commercial Division

www.royallepagecommercial.com

 

 

Top 10 % Agent / Ranked 30th in Canada

Year 2017 

Royal LePage Commercial

 

 

Top #1 Agent, individual Year 2017

in the brokerage

 

 

Royal LePage Real Estate Services Ltd.
Brokerage
1654 Lakeshore Road West, Mississauga, Ontario L5J 1J3

 

 

 

manuelchoi.ca@gmail.com

www.manuelchoi.ca

Office: 905-822-6900 Mobile: 416-407-7353  
Toll: 1-877-822-6900  Fax: 905-822-1240

 

 
2012
 
2013
 
2014
 
2015
 
2016
 
 

 

Land Transfer Tax

Land Transfer Tax

Purchasers in most large Canadian centres 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 a basic fact of life. These taxes, levied on properties that are changing hands, are the responsibility of the purchaser. Depending on where you live, taxes can range from a half a per cent to two per cent of the total value of the property.

Many provinces have multi-tiered taxation systems that can prove complicated. If you purchase a property for $260,000 in Ontario, for example, .5 per cent is charged on the first $55,000, 1 per cent is charged on $55,000 - $250,000, while the $250,000 - $400,000 range is taxed at 1.5 per cent. Your total tax bill? $2,375.00.

The following list shows Land Transfer Taxes by province.

Ontario

  • Land Transfer Tax
  • Up to $55,000 X .5 % of total property value
  • From $55,000 to $250,000 X 1 % of total property value
  • From $250,000 to $400,000 X 1.5 % of total property value
  • From $400,000 up X 2 % of total property value

British Columbia

  • Property Purchase Tax
  • Up to $200,000 X 1 % of total property value
  • From $200,000 up X 2 % of total property value

Manitoba

  • Land Transfer Tax
  • Up to $30,000 N/A
  • From $30,000 to $90,000 X .5 % of total property value
  • From $90,000 to $150,000 X 1 % of total property value
  • From $150,000 up X 1.5 % of total property value

Quebec

  • Transfer Tax
  • Up to $50,000 X .5 % of total property value
  • From $50,000 to $250,000 X 1 % of total property value
  • From $250,000 up X 1.5 % of total property value

Nova Scotia

  • Land Transfer Tax

Halifax Metro

  • 1.5 per cent on total property value

Outside Halifax County

  • Check with local municipality.
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