For foreigners buying an apartment in Toronto, what’s the capital gain tax and additional tax I would need to pay?



  • For foreigners buying an apartment in Toronto, what’s the capital gain tax and additional tax I would need to pay?


  • EXPERT

    • 0.5% up to and including the first $55,000
    • 1% of the value which exceeds $55,000 up to and including $250,000
    • 1.5% of the value between $250,000 and $400,000
    • 2% of the value between $400,000 and $2,000,000
    • 2.5% of the value over $2,000,000