2/6/2024 | Posted in Canada Living by Terra Realty
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A new report published today reveals that the burden on buyers from provincial governments’ billions of dollars in levies and development fees on new construction, and ... More

Real Estate & Mortgage News

  3/25/2019 | Posted in Toronto Real Estate by Terra Realty
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A new proposal from a trio of councillors would expand city housing allowances to struggling households, paid for by new land transfer tax tier on homes worth $3 million and up. ... More

Real Estate & Mortgage News

  12/12/2018 | Posted in Toronto News by Terra Realty
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The City of Toronto's budget-balancing golden goose — the land transfer tax — is sick. For the first time since the tax on real estate exchanges was introduced in ... More

Real Estate & Mortgage News

  7/8/2018 | Posted in Canadian Housing Market by Terra Realty
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Home Buyers in the priciest markets - Toronto and Vancouver - also face the highest land transfer tax rates. ... More

Real Estate & Mortgage News

  6/6/2018 | Posted in Home Buyers by Terra Realty
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York Region municipal councillors have proposed a municipal land transfer tax, but the CEO of the Ontario Real Estate Association is imploring them to consider the ... More

Real Estate & Mortgage News

  4/12/2017 | Posted in Toronto Real Estate by Terra Realty
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Jack Mintz: If Premier Kathleen Wynne wants to score a big win with home-buying voters, why not get rid of the land-transfer tax altogether? ... More

Real Estate & Mortgage News

  2/1/2017 | Posted in Toronto Real Estate by Terra Realty
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Toronto’s housing market is in for another red-hot year, the area’s real estate board said in a new forecast. ... More

Real Estate & Mortgage News

  1/27/2017 | Posted in Toronto Real Estate by Terra Realty
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The City of Toronto is not increasing the Land Transfer Tax for first-time buyers which could have added as much as $4,475 to the cost of buying a home. ... More

Real Estate & Mortgage News

  12/2/2016 | Posted in Toronto Real Estate by Terra Realty
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First-time home buyers will pay more tax on an average priced Toronto home if City Council approves changes to the Toronto Land Transfer Tax (LTT). The City of Toronto's ... More

Real Estate & Mortgage News

  11/28/2016 | Posted in Toronto Real Estate by Terra Realty
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Proposed changes to the Land Transfer Tax in Toronto have been criticized by the Toronto Real Estate Board for their impact on first-time buyers. ... More

Real Estate & Mortgage News

  11/14/2016 | Posted in Ontario Real Estate by Terra Realty
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Ontario is doubling the rebate on the land-transfer tax for first-time homebuyers to $4,000, but is increasing the same tax on homes that sell for over $2 million. ... More

Real Estate & Mortgage News

  10/27/2015 | Posted in Real Estate News by Terra Realty
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Ontario realtors say the government is moving ahead with a plan that will allow municipalities across the province to follow Toronto’s lead and implement their own land ... More

Real Estate & Mortgage News

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