|
Request a Showing
Property Tax Calculation
"The Land Transfer Tax in Toronto, Ontario based on the selling price of $249,000.00 is $4,430.00 and the annual property tax based on Assessment value of $249,000.00 is $1,974.00." * The land transfer tax formula for Ontario $0 to $55,000.00 - land transfer tax is 0.5% plus $55,000.00 to $250,000.00 - land transfer tax is 1.0% plus $250,000.00 to $400,000.00 - land transfer tax is 1.5% plus $400,000.00 and up - land transfer tax is 2.0% Plus * The land transfer tax formula for Toronto, ON
$0 to $55,000.00 - land transfer tax is 0.5% plus $55,000.01 to $400,000.00 - land transfer tax is 1.0% plus $400,000.00 and up - land transfer tax is 2.0% The annual property tax for Toronto ON Assessment Value of $249,000.00 Total Tax is: $1,974.00* The total property tax is divided between city tax and education tax. A portion of this tax goes to fund the Province's Education system. For 2011 the municipal tax rate is 0.5619218%. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Print
Email
Save| See Also: Toronto Real Estate Toronto Condos For Sale Toronto Residential Lot For Sale |
