Garth & Stonechurch area. Two storey with finished basement. Garage and driveway, new roof, windows & doors, central air/furnace (2008). Fridge, stove, washer, dryer, + extra fridge included. Monthly condo fee $300 includes cable. Quiet, family-friendly neighbourhood near schools, bus routes, churches & parks. Two minutes from the Linc. Asking $160,000. Currently a rental property earning $20,000 per year
"The Land Transfer Tax in Hamilton, Ontario based on the selling price of $160,000.00 is $1,325.00."
* See the land transfer tax formula for Ontario
+ $0 to $55,000.00 - land transfer tax is 0.5% + $55,000.00 to $250,000.00 - land transfer tax is 1.0 + $250,000.00 to $400,000.00 - land transfer tax is 1.5%
$400,000.00 and up - land transfer tax is 2.0%
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