While we are on the topic of Land Transfer Tax (LTT) obligations in Ontario, here’s a little refresher:
Who has to pay LTT?
As most of you will know, anytime you buy land or an interest in land in Ontario, you are required […]
Are you a first-time homebuyer in Ontario? Then there is potentially good news for you! Those of you with an agreement of purchase and sale that closes after January 1, 2017 may be eligible for an increased Land Transfer Tax Refund of up to $4,000. This […]
Canada Mortgage and Housing Corporation has announced an increase in their rates for mortgage insurance, starting in mid-March. CMHC has announced that the premium, which is calculated based on the mortgage’s loan-to-value ratio will add approximately $5.00 a month for borrowers on average […]