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 ID# 1239  Cannington, ON 6 Beds 2 Baths   $499,000
Commercial - Residential
Property consists of a licensed restaurant/bar as well as a separate two-storey house containing 2 - 3 bedroom apartments situated on approximately 10 acres just seconds from the proposed hwy 404 terminus. Both apartmen...
 
Luy Doan
(705) 426-5090

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The land transfer tax in Ontario is calculated based on the assessed property value and uses the following scale to determine the land transfer tax applied:


$0 - $55,000 - land transfer tax is 0.5%
$55,000 - $250,000 - land transfer tax is 1.0%
$250,000 - $400,000 - land transfer tax is 1.5%
$400,000 and up - land transfer tax is 2.0%


 
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