Jevin  Barton

Jevin Barton

Licensed REALTOR®

Realty Executives Saskatoon

Mobile:
306-202-9302
Office:
306-373-7520
Email Me

Hear What My Clients Have to Say:

 

"Jevin Barton made my first-time home purchase experience a good one. His approachable personality and energy made his an excellent choice as a realtor. He was able to offer valuable perspectives on properties when I wanted them which provided insight that influenced my decision process. When it comes time for another home-purchase Jevin will by my first call."

Daniel Lam - August 2017

 

"My husband and I first met Jevin in a yoga class. He still teaches yoga, but has also become an excellent realtor. Jevin knows the market. He presented us with a package featuring similar properties to our own to help us price our home. He was also able to estimate how quickly we would sell our house based on the time of year and prior statistics. He was meticulous about details and figures. Because we knew Jevin from yoga, we were very comfortable having him around. And the house sold in less than three weeks. Namaste!"

Jean Emmerson & John Kleefeld -  June 2017

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.