Durham Region Real Estate Blog

The new Foreign Buyer property tax that was introduced for the Greater Vancouver Area on August 2 has created a virtual end to foreign purchases there.

What is the Foreign Buyer Tax?

The 15% tax is levied on foreign nationals, corporations or taxable trustees, and is on top of the BC Property Transfer Tax (PTT), and applies to property in the Greater...

What is the Foreign Buyer Tax?

Vancouver recently introduced a 15% land transfer tax on foreign owners in an attempt to cool the ultra-hot real estate market there. It may also be coming to the Ontario market soon, according to a leading CIBC economist.

The tax is levied on foreign nationals, corporations or taxable trustees, and is on top of the BC...

Property tax rates have been dropping consistently across the GTA for over a decade.  

Getting lower?  Did you read that right?

Yes, property tax rates are getting lower!

Why haven't you noticed on your tax bills, then?  In short, the property tax rate (also known as the mill or millage rate) has been dropping as property...

This is an old article - here are the 2024 Durham Region Property Tax Rates.

Here are the property or municipal tax rates for 2016 within Durham Region and the GTA.  I have included Toronto and other places, as many of my clients express frustration at the higher taxes that Durham residents face when compared to the rest of the GTA.

Last year's tax...

This is an old article - here are the 2024 Durham Region Property Tax Rates.

Here are the property or municipal tax rates for 2015 within Durham Region and the GTA.  I have included Toronto and other places, as many of my clients express frustration at the higher taxes that Durham residents face when compared to the rest of the GTA.

If you look...

This is an old article - here are the 2024 Property Tax Rates.

Here are municipal tax rates for 2014 within Durham Region.  I have included Toronto and other places, as many of my clients express frustration at the higher taxes that Durham residents face when compared to the rest of the GTA.

If you look at the average property in each city, the difference...