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Calculators for Buyers and Sellers / Land Transfer Tax Info and Mill Rates


 To calculate Land Transfer Tax Click Here.

To calculate Mortgage's Click Here

For the CMHC Calculator Click Here

Land Transfer Tax Full Table Click Here

Handy Calculator: How Much can I Afford to Buy?

Find out the Cost: Rent Vs Buying Calculator

Healthy Homes Renovation Tax Credit Calculator

*** Income Tax Calculator  *** My Fav for double checking my tax bracket during the year - Plus
checking if I should buy RRSPS - https://simpletax.ca/calculator

 


2015 Mill Rate

MILL RATES:

To VERIFY PROPERTY TAXES - Visit the Assessment in TREB, find the CVA Value of the Home and Multiply by the appropriate Tax Rate Below

To Calculate Taxes: Assessment X Mill Rate / 100 = Taxes

Tax Rates 2016

Some rates are not yet available. In the meantime, please check with the appropriate city tax department for information on 2016 property tax rates.

Please note: The tax rates posted here are for the most common rate classifications. Tax rates for other property classes can be obtained by contacting the local Municipality's Treasury department.

 


 
How To Register For MPAC
Use MPAC to verify Lot Size, Legal Description and Assessed Tax For The Year. All agents who are registered with the Toronto Real Estate Board are able to log on to MPAC (top, middle of page) after you log onto TREB. You first have to register yourself on MPAC before you can use this site. Email yourself the instructions on how to register for MPAC.
5% GST Transitional Rebate On New Housing and Substantially Renovated Housing
Quick Tip Sheet-Short Version
Toronto Land Transfer Tax and Provincial Land Transfer Tax Rebates Tipsheet
Short Form - Tip Sheet
Info sheet on the GST reduction and how it effects closings.
Detailed Report From The Canada Revenue Agency-Long Version
New Municipal Land Transfer Tax (MLTT) and Provincial Land Transfer Tax (PLTT)
Handy tip sheet on who qualifies for the rebate and how figures are calculated
Mortgage Application In PDF
After your client signs it please fax it to our office 905-848-5327
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* Assessment-related tax increases for commercial, industrial, and multi-residential properties are subject to provincial capping provisions.  Accordingly, depending on policy established by each municipality, assessment-related tax increases for commercial, industrial, and multiresidential properties will be limited to 5% of the property’s prior year’s taxes, or, 10% of the property’s prior year’s taxes, or, 5% of the property’s full Current Value Assessment taxes. Please check with the municipality regarding their specific policies.

Note: This information is provided by the individual municipalities. The Toronto Real Estate Board assumes no responsibility for the accuracy of this data.