Month: June 2010

Buying Real Estate

Costs What are the costs of buying real estate? This page lists most of costs involved. Some of them are one-time costs and others, such as condominium maintenance fees and property insurance, will be ongoing monthly expenses. The good news is that not all of these costs may apply in your circumstances. Harmonized Sales Tax […]

Property Purchase Transfer Tax

Property purchaser transfer tax (P.P.T.) is payable by the purchaser at the time an application to register a transfer is made at the Land Title Office. The tax payable is 1% of the first $200,000 of the fair market value of the property and 2% on the remainder of the amount. Subject to a list […]

Selling Real Estate

Selling your house is among the most important financial decisions you will make in your life. While simpler than buying a house, there is more to selling than asking – how much is my house worth? While price is primary concern, we will give you some information on costs, realtors and buyers. Costs A seller’s […]