Sonia  Sandhu

Sonia Sandhu

Realtor

Mobile:
647-463-1000
Office:
905-793-5464
Email Me

We are the only real estate agents providing Astro Vastu, Feng Shui perfect homes and commercials across the Area. Our clients consistently view us as exemplary at facilitating the real estate process. As a result of our attentive, performance-driven and hands-on approach, our clients make well-informed real estate decisions based on cutting-edge information we provide on neighbourhoods, local market trends, and more. Our uncompromising honesty, professionalism and negotiation tactics have yielded a high level of success and impressive results for our clients. Whether you are looking to buy or sell real estate in Ontario or beyond, we have the expertise to support you.

 

Education: BSC.B.ED,MBA
Languages Spoken: English, Hindi, Punjabi, Urdu
Varinder  Singh

Varinder Singh

Realtor

Mobile:
647-444-1111
Office:
905-793-5464
Toll Free:
Email Me
As a team our vision is to create a strong referral based real estate business with life long client relationships. We achieve this by guiding our clients through their major financial and emotional decisions with wisdom, understanding, and exceptional service. Honesty, Integrity, and Balance are our Core Values.  During each and every transaction, we leverages this multifaceted experience to ensure the most stress-free transaction possible
Using leading edge technology, continually educating ourselves and improving our systems, we add value to the lives of others by adding Astro, Vastu and Feng Shu techinques according to the different profession of the client. 
Languages Spoken: English, Hindi, Punjabi, Urdu
Sonia  Sandhu

Sonia Sandhu

Realtor

King Realty Inc., Brokerage*

Mobile:
647-463-1000
Office:
905-793-5464
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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