Josie  Moniz

Josie Moniz

Sales Representative

Royal LePage Credit Valley Real Estate, Brokerage*

Mobile:
416-277-8095
Office:
905-793-5000
Email Me

Featured Listing

7 Hillpark Trail Brampton Ontario Canada Sale residential Josie Moniz Royal LePage Credit Valley Real Estate, Brokerage*

Welcome home to 7 Hillpark Trail charming 3-bedroom, 2-bath detached home with plenty of parking and a finished basement sits on a quiet, family-friendly court backing on to a green space walking trail. This home is perfect for first-time buyers, downsizers, students and or investor. Step into a freshly painted interior featuring newer furnace(2021) air condition (2021) new roof (2018) an updated kitchen with granite counters and ceramic backsplash with new gas stove (2021) and newer hardwood flooring and stairs with plenty of sunshine open to below family room with large sliding doors and high ceiling modern stainless appliances and granite counters. Enjoy a spacious, sun-filled living and dining area perfect for entertaining or relaxing with family and friends. Walk upstairs to a full bathroom and 3 large bedrooms with large windows. Outside, you'll find a nice deck off the living room with a shed and a gate to walkout to a green space walking path just steps away or sit in your private, peaceful backyard retreat. The 3-car driveway offers plenty of parking with no sidewalk to worry about. Desirable, central Brampton neighborhood close to library, schools, colleges, parks, shopping, transit, and major highways. This home offers the perfect blend of comfort, convenience, and community. Energy efficient home with low utility bills. Great opportunity to get into the housing market, stop renting and call this home your own!!!

View 7 Hillpark Trail

Land Transfer Tax Details

Land Transfer Tax

Purchasers in most large Canadian cities can add Land Transfer Taxes to their list of closing costs. Unless you live in Alberta, Saskatchewan, or rural Nova Scotia, land transfer taxes (or property purchase tax) are part of the deal. These taxes, levied on properties that are changing hands, are the responsibility of the purchaser. Depending on where you live, taxes can range from half of a percent to two percent of the total purchase price.

Many provinces have multi-tiered taxation systems that can be complicated.
For example, if you purchase a property for $300,000 in Ontario, 0.5% is charged on the first $55,000, 1% is charged on $55,000 - $250,000, while the $250,000 - $400,000 range is taxed at 1.5%. Your total tax bill? $2,975.00.

The following chart illustrates Land Transfer Taxes by province.

ONTARIO
Land Transfer Tax (go to calculator)
Up to $55,000 X 0.5% of total purchase price
From $55,000 to $250,000 X 1% of total purchase price
From $250,000 to $400,000 X 1.5% of total purchase price
From $400,000 up X 2% of total purchase price
BRITISH COLUMBIA
Property Purchase Tax
Up to $200,000 X 1% of total purchase price
From $200,000 up X 2% of total purchase price
MANITOBA
Land Transfer Tax
Up to $30,000 N/A
From $30,000 to $90,000 X 0.5% of total purchase price
From $90,000 to $150,000 X 1% of total purchase price
From $150,000 up X 1.5% of total purchase price
QUEBEC
Transfer Tax
Up to $50,000 X 0.5% of total purchase price
From $50,000 to $250,000 X 1% of total purchase price
From $250,000 up X 1.5% of total purchase price
Halifax Metro
1.5% on total purchase price
Outside HalifaxCounty
Check with local municipality.

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