With many new condominium projects in Toronto still under construction and in the pre-registration phases, it is possible that some buyers’ may find themselves contemplating purchasing a unit that is being sold as an Assignment.
Toronto and Ontario Land Transfer Tax
August 30, 2011 by Leave a Comment
Real estate transactions in most large parts of the country can add Land Transfer Taxes (simply put taxes that are levied on properties that are changing hands) to the list of closing costs. The City of Toronto is in no way an exception to this rule. When purchasing real estate…