Deborah     Malcolm

Deborah Malcolm

Sale Representative

RE/MAX RISE EXECUTIVES, BROKERAGE*

Mobile:
613-373-0008
Email Me
Deborah     Malcolm

Deborah Malcolm

Sale Representative

RE/MAX RISE EXECUTIVES, BROKERAGE*

Mobile:
613-373-0008
Email Me

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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Professional Background

Clients choose to work with Deb, for her full-service commitment.  Deb is dedicated to serving you with savvy negotiations and cutting-edge marketing strategies, joining uncompromising integrity as the hallmarks of her service. She is exceptionally well-respected in the Greater Kingston and Napanee area, not only for her unparalleled professional track record and high ethical standards, but also for being honest, hard-working and doing absolutely everything in her power, to ensure her clients’ success and satisfaction, in the buying and selling of their homes. As a restaurant owner in Kingston and Napanee for over twenty-five years, Deb's customers always came first.  She truly believed, that this is the only path to having a loyal and satisfied clientele. Many of her friends and business associates already know her as the agent/manager of the popular music group "A Bit of Nostalgia" , featuring her husband John, and sons Reagan and Ryan (Canada's first "Canadian Idol"), and her highly successful debut production at the Grand Theatre in Kingston, of "It Was a Very Good Year, Sinatra, the man, his fans, his music". 

Community Involvement: As a family we have been involved in many community fund-raising ventures including Children's Wish Foundation, Lennox & Addington Seniors Association, Walk For Vets, Ontario SPCA, The Royal Canadian Legion, Morningstar Mission, Muscular Dystrophy Association, Canadian Diabetes Association and many more charitable events.

Education: Real Estate as a Professional Career, Land,Structures and Real Estate Trading, The Real Estate Transaction - General, The Residential Real Estate Transaction, Interior Decorating and Design - Course accredited by the IAO, Law Clerk Diploma, Computer Programming, Chef's Diploma at George Brown College. 

Specialty: Residential, first time buyers, duplex, condominiums, rural properties, farms, recreational property, waterfront properties.

 

 

 

 

 

 



Education: Real Estate as a Professional Career, Land,Structures and Real Estate Trading, The Real Estate Transaction - General, The Residential Real Estate Transaction, Interior Decorating and Design - Course accredited by the IAO, Law Clerk Diploma, Computer Programming, Chef's Diploma at George Brown College.

Specialty: Residential, first time buyers, duplex, condominiums, rural properties, farms, recreational property, waterfront properties.

Experience: Thirty-five years of combined experience!

Area Covered: Greater Kingston, Greater Napanee, Tamworth, Stone Mills, Gananoque, CFB Kingston, Amherstview, Bath, Loyalist Township, Quinte West, Picton, Belleville and Hastings.

Languages Spoken: English