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There are various other fees that you should be aware of when you're buying a home. They can range from a simple transfer of property tax to the more mundane payment of realtors. Here are some tips on the ones that can affect your pocketbook.
1. Land Transfer Tax: Although the name suggests it is a tax on land, the truth is every province in Canada has a tax on purchases of real property including condos, houses and land.
Toronto is the only municipality with a second land transfer tax (MLTT). This tax ...
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Toronto Real Estate Board - IDX Last Updated: 3/24/2019 8:40:16 AM