3 Bedroom house for sale in Scarborough. The home is located in an excellent area/neighborhood and is situated conveniently in from of a public school. The home includes a finished basement that has been recently renovated that contains 2 bedrooms, 1 bath and has a separate entrance. The outside features a huge backyard and a large parking lot.
"The Land Transfer Tax in Scarborough, Ontario based on the selling price of $590,000.00 is $8,275.00."
* 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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