Keswick, Georgina - Announcing a price reduction on 384 Raines St, a 2 bath, 3 bdrm bungalow. Now MLS® $249,900 CAD - .
Property information
The Harmonized Sales Tax replaced the Federal and Provincial Sales Tax on July 1 2010. Although tax is collected at a rate of 13% on the sale price of good and services, it doesn't apply to every type of home or every type or real estate.
New Home purchases are subject to HST but may qualify for an HST rebate. Resale homes are sold without HST. Land may be exempt from tax, but realtors and other professionals must charge HST on the purchase price. However, if the home is going to be your primary place of residence, it may qualify for a partial HST rebate, depending on sale price.
You do not have to pay HST on the purchase price of a used residential home. Revenue Canada defines "used residential property" to include a previously occupied house, condominium, summer cottage, vacation property or non-commercial hobby farm.
HST applies to most of the services provided in completing the real estate transaction. For example, 13% HST is applied to the commission a realtor charges for facilitating a sale. The tax is paid by the person responsible for paying the commission - generally the seller. HST also applies to many of the other services involved in the real estate transaction, including inspections, appraisals, referrals, surveys and legal assistance. HST is charge on these fees regardless of whether the house purchase is itself HST exempt or not.
One exception is that mortgage broker fees are HST exempt if the fees are charged separately from any taxable real estate commissions. As well, mortgages and interest on mortgages are HST exempt.
HST is due and payable when the real estate transaction is completed - generally the "closing date". In some cases, HST could be payable on transfer of possession. For additional information contact you local Revenue Canada Tax Services Office.
Keswick, Georgina - Announcing a price reduction on 26 Fairwood Drive, a 2 bath, 4 bdrm 1 1/2 story "Raised Bungalow". Now MLS® $329,000 CAD - .
Keswick, Georgina - Announcing a price reduction on 43 Ferncroft Drive, a 3 bath, 3 bdrm bungalow. Now MLS® $345,000 CAD - .
Presently listed for sale there are 89 waterfront lakefront homes available in Georgina. Prices range from $215,000 - $4,100,000
If you wold like a copy of this list. Contact me direct.
Wayne Winch, Sales RepresentativeRe/Max Landmark Realty Inc., BrokerageOffice 905-476-7881Toll Free 1-866-924-7496
www.georginahomesforsale.com
Renovated 4 Bedroom Family Home
• 3 bath, 4 bdrm 2 story - MLS® $289,900 CAD
Jacksons Point, Georgina - # Room Level Dimensions (m) Features 1 Kitchen Ground 5.03 x 3.02 Updated Eat-In Kitchen Modern Kitchen 2 Dining Ground 3.81 x 3.63 Laminate Formal Rm Moulded Ceiling 3 Living Ground 5.27 x 3.69 Laminate Picture Window Combined W/Family 4 Family Ground 5.03 x 3.93 Laminate W/O To Deck Combined W/Living 5 Master 2nd 4.95 x 3.43 Broadloom W/I Closet 3 Pc Bath 6 2nd Br 2nd 3.96 x 3.12 Laminate B/I Closet O/Looks Frontyard 7 3rd Br 2nd 3.69 x 3.15 Broadloom B/I Closet O/Looks Backyard 8 4th Br 2nd 3.05 x 2.47 Broadloom B/I Closet O/Looks Backyard 9 Rec Bsmt 8.47 x 4.93 Tile Floor Fluorescent B/I Shelves 10 Office Bsmt 3.30 x 3.00 Tile Floor Access To Garage Remarks For Clients: Totally Renovated Kitchen, Granite Counter Top, Undermount Sink, Tumbled Marble Backsplash. Access To Beach And Marina. Prof Fin Bsmt With Sep Entrance From Garage. Approx 2200 To 2400 Sq Ft. Extras: Above Ground Pool Is As Is Condition, New Liner 2010, Filter And Pool 4 Years Old. Include: All Appliances In As Is Condition, All Electric Light Fixtures, Broadloom Where Laid. Walk Out To Garage From Basement.
• 4 bath, 4 bdrm 2 story - MLS® $675,000 CAD
Keswick, Georgina - # Room Level Dimensions (m) 1 Living Main 3.97 x 3.66 Hardwood Floor 2 Dining Main 3.66 x 3.54 Hardwood Floor W/O To Patio 3 Kitchen Main 3.66 x 3.48 Renovated W/O To Pool Breakfast Area 4 Den Main 7.32 x 3.17 Closet 5 Family Main 6.22 x 4.39 Hardwood Floor Fireplace W/O To Pool 6 Master 2nd 5.19 x 3.54 Hardwood Floor W/I Closet 5 Pc Ensuite 7 2nd Br 2nd 3.66 x 3.36 Hardwood Floor Closet 8 3rd Br 2nd 3.66 x 3.36 Hardwood Floor Closet 9 4th Br 2nd 6.40 x 4.27 Hardwood Floor Vaulted Ceiling Closet 10 Rec Bsmt 7.62 x 10.06 Broadloom Wet Bar Fireplace 11 Exercise Bsmt 7.32 x 5.49 Broadloom Fabulous Home On Lush 1/2 Acre Lot In Wynhurst Gardens, 2 Private Beaches, Lake Access & Walk To Marina. Backyard Is Gorgeous with Inground Saltwater Pool, Hot Tub, Pool House With Bar & Gardens. Recently renovated kitchen in granite, Travertine Floors, breakfast area, undermounted lighting, and 2 freezer drawers. Extensive Use Of Hardwood. Many New Tilt & Turn Windows. Upgraded Baths. Home Is Spotless & Shows Pride Of Ownership. Resort Style Living Minutes From 404.
Keswick, Georgina - Announcing a price reduction on 261 Boyers Road, a 1 bath, 3 bdrm bungalow. Now MLS® $149,900 CAD - .
Keswick, Georgina - Announcing a price reduction on 193 Cedar Street, a 1 bath, 2 bdrm bungalow. Now MLS® $209,900 CAD - .
Keswick, Georgina - Announcing a price reduction on 1650 Metro Road, a 1 bath, 2 bdrm single story. Now MLS® $138,900 CAD - .