The following is an excerpt from the Tarion website (www.tarion.com). Tarion is a not-for-profit consumer protection organization established by the Ontario government to administer the province’s new home warranty program. By law, all new homes built in Ontario are provided …
What is Land Transfer Tax?
When you buy land or an interest in land in Ontario, you pay Ontario’s land transfer tax. Land includes, but is not limited to, any buildings, buildings to be constructed, and fixtures (such as light fixtures, built‑in appliances and cabinetry). …