The Ontario government has proposed legislation which would allow cities across the province to charge an additional Municipal Land Transfer Tax (MLTT). On the average priced home sale in Ontario, home buyers could be paying upwards of $10,000 in total land transfer tax. This would be almost double the current amount. You can test various scenarios with the MLTT calculator »
The Ontario Real Estate Association (OREA) is urging home owners and home buyers to take action and Say No to the Tax. To learn more about the impact of an additional MLTT, read the facts and follow the steps to have your voice heard, please visit Don’t Tax My Dream.