As if Home Prices were not High Enough Already!!!

Toronto Councillors are about
to vote on a tax that will cost the average
person an additional $4,200 upfront, or more,
when they purchase a home. The vote is on
a 100% increase in land transfer taxes.
Visit our website to find out what the tax will cost you and
then email the Mayor and City Councillors.
It’s Just Not Fair!
• A second land transfer tax
on top of the current provincial
land transfer tax – a double
whammy.
• Less money available for a down
payment.
• Less money for new furniture,
appliances or renovations.
• Homes for sale in Toronto would
be less marketable than those
outside of Toronto. This could
impact your property value.
A recent email from a concerned citizen
to Mayor Miller and City Councillors.
Dear Mayor Miller,
I’m a single, 26 year-old...I have
worked extremely hard, saving
virtually every penny so I could
fulfill my dream of being a homeowner.
The extra costs involved
have made it impossible for me to
afford purchasing a home of my
own. I believe this new homebuying
tax to be extremely unfair
for every hard-working Torontonian.
www.nohomebuyingtax.com