*Note on Land Transfer Tax (APPLICABLE TO BUYERS ONLY) – Toronto homes within the above boundaries south of Steeles Avenue, east of Etobicoke, west of Scarborough, and north of Lake Ontario. are subject to the Toronto land Transfer Tax on top of the Provincial Land Transfer Tax. All homes outside of this boundary within Ontario only have 1 tax payable for land transfer. Source: ratehub.ca

*Note on Down Payments (APPLICABLE TO BUYERS ONLY) – If you qualify, you may put down less than 20% downpayment for the purchase of your home, up to a threshold price as indicated above. The calculator below accounts for these minimums, and an insurance premium from CHMC/Genworth would be applicable to further secure the loan. Source: Canada.ca


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