Useful links Banks, other financial institutes including Credit Unions can help to arrange the financing for your property. Be ready to negotiate a current market rate with your financial institute. Under this link find a current best mortgage rates in Toronto, Canada How Much Can you Afford? Answer on it and others questions from Canadian Mortgage and Housing Corporation (CMHC). Find all about Title insurance at First Canadian Title web site. The Home Buyers Plan (HBP) allows first time home buyers to withdraw up to $25,000 from their RRSP for the purpose of buying or building a qualifying home. Couples will be able to withdraw up to $50,000. If you have less then 20% down payment then mortgage Loan Insurance is mandatory for you. Every person obtaining an interest in land is liable to land transfer tax. Find land transfer tax rate and others details here. On October 22, 2007, Toronto City Council approved a new land transfer tax which takes effect on February 1, 2008. Click here to find details. |




