Jevin  Barton

Jevin Barton

Licensed REALTOR®

Realty Executives Saskatoon

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

Jevin Barton

Licensed REALTOR®

Realty Executives Saskatoon

Mobile:
306-202-9302
Office:
306-373-7520
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.

Have Questions?

By submitting this form, you are providing express consent to receive commercial electronic messages from www.housesforsalesaskatoon.com. You may unsubscribe at any time.

306-202-9302

  

306-373-7520

  

Jevin assists his clients with their houses for sale in Saskatoon by understanding their needs and determining, through market data and analysis, the highest probable sale price of their home.  When working with clients, Jevin is determined in finding the perfect home to suit both their investment and emotional needs at the best price and terms.  Understanding this balance requires market insight and experience, which Jevin has obtained not only through his continued education and Bachelor Degree in Geography that focused on Urban Planning & Design, but also from 10 years experience investing and managing residential revenue properties. 

Having lived in many locations throughout Canada, Jevin is overjoyed to have called Saskatoon home for the past 10 years and prides himself on being a member of this diverse and vibrant community.  Jevin strives to promote balance in his community and its strong work ethic by continuing to practice and instruct Yoga and inspire well-being in all aspects of life.

Aligning himself with the values and goals of the Realty Executives Team, Jevin will continue to apply his specialized knowledge and ongoing skills training to provide the best client experience possible by always putting their needs first.

If you are looking at houses for sale in Saskatoon, then you have found the right agent to work for you!



Education: B.A. Geography - University of Saskatchewan, Diploma - Loyalist College

Area Covered: Saskatoon and Surrounding Areas

Languages Spoken: English