13 June 2013
Looking for a new home in GTA – get ready for lots of fees and taxes
According to the recent report by the Building Industry and Land Development Association (BILD), new homebuyers in GTA today have to face a huge list of governmental fees. Actually, the fees stand for average 23% of the total home price.
In other words, if you want to buy a single-detached home in the GTA, it bears about $118,400 in the government fees and taxes…