Troy  Walkington

Troy Walkington

Real Estate Agent

Realty Executives Saskatoon

Mobile:
306-260-0505
Office:
306-373-7520
Email Me
Troy  Walkington

Troy Walkington

Real Estate Agent

Realty Executives Saskatoon

Mobile:
306-260-0505
Office:
306-373-7520
Email Me
Find Your Dream Home, Troy Walkington REALTOR

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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What are you looking for when you select a Realtor? Hard work, honesty, commitment, loyalty, ability to negotiate, leadership, enthusiasm, superior organizational skills? Following an 11-year coaching career, nine spent as coach and general manager of professional hockey teams in Europe and two coaching junior hockey in Canada, I understand all of those words. For some, these words are merely catch phrases, but for a true professional, they are the basis and foundation for a great working relationship.

Since joining Realty Executives Saskatoon, I have consistently been a Top Producer.  Many people take years to develop an attitude and personality that enables them to interact well with others, but with my background is has been a natural progression – and the results speak for themselves.

My professionalism, personality and experience allow me to develop a marketing plan for both buying and selling homes and gives me the opportunity to enter into the homes and lives of families across Saskatoon and leave them smiling and enriched by the experience.

Experience Excellence – professionalism and guaranteed results with Troy Walkington.

TROY WALKINGTON



Education: BSc Kinesiology

Specialty: Residential/Commercial

Experience: 14

Area Covered: Saskatoon & Surrounding Area