Stefan  Ryzwanowicz

Stefan Ryzwanowicz

Sales Representative

Royal LePage Signature Realty, Brokerage

Mobile:
416-877-5588
Office:
905-568-2121
Email Me
Stefan  Ryzwanowicz

Stefan Ryzwanowicz

Sales Representative

Royal LePage Signature Realty, Brokerage

Mobile:
416-877-5588
Office:
905-568-2121
Email Me

Land Transfer Tax Details

Land Transfer Tax

Purchasers in most large Canadian cities can add Land Transfer Taxes to their list of closing costs. Unless you live in Alberta, Saskatchewan, or rural Nova Scotia, land transfer taxes (or property purchase tax) are part of the deal. These taxes, levied on properties that are changing hands, are the responsibility of the purchaser. Depending on where you live, taxes can range from half of a percent to two percent of the total purchase price.

Many provinces have multi-tiered taxation systems that can be complicated. For example, if you purchase a property for $300,000 in Ontario, 0.5% is charged on the first $55,000, 1% is charged on $55,000 - $250,000, while the $250,000 - $400,000 range is taxed at 1.5%. Your total tax bill? $2,975.00.

The following chart illustrates Land Transfer Taxes by province.

ONTARIO
Land Transfer Tax (go to calculator)
Up to $55,000 X 0.5% of total purchase price
From $55,000 to $250,000 X 1% of total purchase price
From $250,000 to $400,000 X 1.5% of total purchase price
From $400,000 up X 2% of total purchase price
BRITISH COLUMBIA
Property Purchase Tax
Up to $200,000 X 1% of total purchase price
From $200,000 up X 2% of total purchase price
MANITOBA
Land Transfer Tax
Up to $30,000 N/A
From $30,000 to $90,000 X 0.5% of total purchase price
From $90,000 to $150,000 X 1% of total purchase price
From $150,000 up X 1.5% of total purchase price
QUEBEC
Transfer Tax
Up to $50,000 X 0.5% of total purchase price
From $50,000 to $250,000 X 1% of total purchase price
From $250,000 up X 1.5% of total purchase price
Halifax Metro
1.5% on total purchase price
Outside HalifaxCounty
Check with local municipality.

 

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416-877-5588

  

905-568-2121

  

Stefan Ryzwanowicz is an award winning realtor with Royal LePage Signature Realty Brokerage, one of the Greater Toronto's most productive real estate brokerages with offices located across the GTA. Stefan’s previous experience in Sales, graphic design, and Information Technology enables him to provide his clients with a variety of skills in this competitive market. Throughout the years Stefan's clientele has included a wide variety of professionals from first time buyers, to builders,business owners, contractors, high ranking banking officials, business owners, doctors,government employees etc. Having such a wide variety of clients and skills has enabled Stefan to work efficiently and effectively in the process of selling and purchasing homes for all his valued clients. 

There are many real estate agents but only a few can provide the service, integrity,effort and honesty that Stefan can. His clients are not just a number to him; they are individuals that deserve to be treated as friends and family. He will work together with his clients to find not just a house but a home.

Purchasing a home is one of the biggest investments and you deserve a professional who will help you every step of the way. Stefan’s job is not just to sell or buy you a house but to make the process as stress free and as easy as possible. I am to here to answer all your questions and provide advice both in the financial and legal aspects of the transaction.

When you think of Real Estate, think of Stefan Ryzwanowicz. I am in this business for the long term. Referrals are my primary source of clients – I will treat them like friends and family. I assure you that my best effort will be put forward to earn their business.

Please keep my name in mind if you know of someone that may need some assistance with various real estate decisions, it will be greatly appreciated. Give me a call anytime at 416-877-5588. I’ll be glad to help.

Stefan Ryzwanowicz, B.Comm
Sales Representative                                                                                                                                                                     Royal Lepage Signature Realty