Rotozinski Real Estate Services

Rotozinski Real Estate Services Real Estate information for the Tri-Cities.

Hello January!
01/01/2025

Hello January!

12/31/2024

What will you New Year's Resolution be?

Thank you for your continued support!
12/28/2024

Thank you for your continued support!

Merry Christmas & Happy New Year! #
12/25/2024

Merry Christmas & Happy New Year! #

Hello Winter! ❄️
12/21/2024

Hello Winter! ❄️

SOLD!!!
12/16/2024

SOLD!!!

Land Transfer Tax is a tax levied by the government when ownership of a property is transferred from one owner to anothe...
12/14/2024

Land Transfer Tax is a tax levied by the government when ownership of a property is transferred from one owner to another. This tax is usually paid by the buyer of the property and is a marginal tax, with each portion of your home’s value is taxed at a unique rate. The rate can vary depending on the property’s location and the local government’s policies. In addition to the provincial and territorial LTTs, some municipalities like Toronto, may also levy their own land transfer taxes.

The purpose of a land transfer tax is to generate revenue for the government, which can then be used to fund essential public services, such as healthcare, education, and infrastructure.

💲Current taxes are as follows:
First $55,000 - 0.5%
$55,000.01 to $250,000.00 - 1.0%
$250,000.01 to $400,000.00 - 1.5%
$400,000.01 to $2,000,000.00 - 2.0%
Over $2,000,000 -2.5%

Remember to account for this when saving for a new home as it is generally paid upon closing by your lawyer to the government.

National Gingerbread House Day!
12/12/2024

National Gingerbread House Day!

November flew by, and the stats are in! was the only city in the region to see a modest increase in sale prices up 0.7%...
12/10/2024

November flew by, and the stats are in!
was the only city in the region to see a modest increase in sale prices up 0.7%
was also the only city in the region to see an increase in the percentage of list price to sold price ratio, up 0.6%
saw the largest drop in average sale prices - down 6.6%. Days on market also increased a regional high, up to 35 days on average.
If you have any questions about buying, selling, or what the current market looks like in our area, feel free to reach out!

Which do you prefer?
12/09/2024

Which do you prefer?

Here to help with your real estate needs.
12/08/2024

Here to help with your real estate needs.

Open House!!! Sat, Dec 7th, 2-4pm!
12/06/2024

Open House!!! Sat, Dec 7th, 2-4pm!

Address

842 Victoria Street N
Kitchener, ON
N2B3C1

Telephone

+15195739151

Website

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