Tina   Cosman

Tina Cosman

Sales Representative

Royal LePage Access Real Estate, Brokerage*

Mobile:
250-804-6765
Email Me
Tina   Cosman

Tina Cosman

Sales Representative

Royal LePage Access Real Estate, Brokerage*

Mobile:
250-804-6765
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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250-804-6765

  

TINA COSMAN

     

CELL: 250-804-6765





 

 

 

In 2005 my family moved to Salmon Arm from Ontario. We were looking for a change of pace; a different lifestyle and safe environment to raise our three children.

What we found was the perfect community – offering all the amenities with a small town feel. The Salmon Arm area has great schools, entertainment, shopping, and recreational opportunities year round.  We love to ski, hike, bike and explore the local lakes and campgrounds.  As an active community member, I proudly support the SPCA, The Family Resource Centre, Shuswap Children’s Association and the SAFE Society.

Previous to real estate, I worked as a  Human Resources professional for over 18 years. 

I love people and I love what I do.

My dedication to my clients has earned me some exciting career achievements.

 Awards:

  • 2018,/2019 Centurion award with Century 21; including #65 in units sold across Canada with Century 21 landing me in the top 1% across Canada with Century 21

 

  • 2017 Team Centurion award with Century 21

 

  • 2016 Team Centurion award with Century 21

 

  • 2015 Team Centurion award with Century 21   

 

_________________________________________

Previous Awards:
  • 2014:  June and September, Top 100 agent recognition for RE/MAX Western Canada

  • Consistently 100% Club Award Winner RE/MAX Canada

  • Platinum Award Winner for 2013 & 2014 RE/MAX Canada

  • Hall of Fame Award Winner RE/MAX Canada

Let me show you what the Shuswap has to offer - call me at (250) 804-6765 or send me an email: tina@tinacosman.com

 



Awards: 100% Club, Platinum Award Winner for 2013 & 2014, Hall of Fame Award Winner, Centurion Award Winner 2015, 2016 & 2017

Area Covered: Salmon Arm and surrounding area including Enderby, Sicamous, Armstrong, Tappen, Sunnybrae, White Lake, Blind Bay, Eagle Bay, Sorrento, Scotch Creek, Anglemont