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 ID# 8106  London, ON 2 Beds 1 Baths   $73,495
Apartment
This is a great rental property and you can save 10,000 dollars buying it. The quite and cosy building is located 10 minute walk to Fanshawe. Assume TD of $68,500 on a 3.5 term and only owe 18 years at the end of the te...
950 sq.ft
 
Leslie Bradford
(519) 474-3124

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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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