What is the agency fee for buying a house in Canada?

1. What is the agency fee for buying a house in Canada?

, during the purchase cost period.

1. Overseas buyer tax

If you don't hold a Canadian passport or are not a permanent resident (PR), you need to prepare 15% or 20% of the house price.

Vancouver: 20% fee, tax refund requirements: you must be successful within 1 year after the house is handed over to apply for tax refund, and you cannot apply for school or work status.

Toronto: The amount charged is 15%. Tax refund requirements: after buying a house in Ontario, you can apply for tax payment after working 1 year/full-time study for 2 /4 years. In addition, in real estate transactions, the buyer must be in a state of study or work.

In addition, the property required to be purchased by both places must be PrincipalResidence, that is, the buyer must live in it and cannot rent it.

2. Attorney's fees

The usual lawyer fees are between 300 and 500 and 800 and 900, especially in commercial buildings. Some lawyers will give you a full price, about 1000- 1300 dollars.

3. Land transfer tax

According to different cities, you need to prepare the land transfer fee of 65438+ 0.5%-3% of the house price (there is a very complicated formula for transfer tax, you just need to remember that it is about 1.5%-3%). 3% in Toronto and 1.5% outside Toronto (including Markham, Wenshan and Oakville).

If the buyer is buying a house for the first time and holds a Canadian passport or a permanent resident (PR), he can get a tax refund. The maximum refund is $8,475 in Toronto and $4,000 outside Toronto. The lawyer will help you figure out the exact amount.

4. Consumption tax on commodity purchase

If the buyer buys a brand-new house, he has to pay about 7% consumption tax on the purchased goods. If the house price is below 350,000 Canadian dollars, he can enjoy about 36% tax exemption.

5. Title certificate fee

If the seller doesn't pay the title certificate fee, then you have to pay it yourself, which is about $65438 +0000-2000.

6. Housing inspection fee

Paid by the buyer, the price depends on the house price, from $300 to $500 or even higher. The higher the house price, the more expensive the inspection fee.

Second, the term of bank loans.

1 family property insurance and family property insurance

The annual housing insurance premium is about 0. 1%-0.2% of the house price. The calculation of premium depends on the age of the house, the condition of the house, the area where it is located, whether it is occupied or rented, the coverage of the policy and whether the owner has claimed in the past.

If you need a loan to buy a house, all lending institutions will ask you to buy home insurance, especially fire insurance, which will take effect on the day of delivery, otherwise you won't get the loan money.

2. Housing appraisal fee

The so-called housing appraisal fee is to evaluate the value of the house you bought, and your mortgage lender may ask you to pay the appraisal fee. The cost is about 150-350 dollars.

3. Mortgage insurance premium

If your mortgage is a high-interest mortgage with a down payment of less than 20%, about 0.75%-3.75%, you need mortgage insurance to pay a certain premium. Your lender may add the insurance premium to your mortgage, or ask you to pay the insurance premium before the transaction is completed.

4. Advance payment

Canada can borrow money from the bank to buy a house, but the down payment must be paid by itself. Generally, it is 20% of the house price, which is the least for new employees who have no jobs, and generally requires 30%. Different banks have different rules.

If the job is good, the minimum can be reduced to 5%, but you must buy Canadian mortgage insurance plan or ge mortgage insurance, and calculate the insurance premium according to the loan amount and down payment ratio, and the cost is generally several thousand yuan. The insurance premium is added to the loan amount and paid in installments. The down payment should be prepared a few days before the delivery.

Third, the cost of holding period

1. Property tax/land tax

The local government will evaluate the property every year and levy property tax according to the assessed amount. Taxes depend on location and property. For example, the Toronto area is about 65,438+0% of the real estate valuation. The Vancouver area is evaluated by the government every three years, which is about 0.5%-0.6% of the real estate valuation.

2. Property management fee

The property management fee is $0.42-$0.6 per square foot. The new house is lower and the old house is more expensive. Generally, the apartment is required to pay, and the detached house generally does not have this fee.

Four, rent (rent) expenditure

1. House rental management fee

Investors and owners can decide how to rent houses according to their own conditions. Generally, owners who have lived in Canada for a long time will choose to find their own tenants. For short-term or infrequent owners, housing trust companies will be entrusted to manage and rent them. The cost mainly depends on the room type and area, and the monthly fee ranges from $ 100-$400.

2. Income tax

In Canada, rental income belongs to taxable income, and taxpayers who own leased real estate have to declare their income every year. According to Canadian federal tax regulation 20 13, the income tax rate is classified according to annual income, ranging from 15% to 29%, while the personal income tax rate varies from province to province.

2. How much agency fees and other fees do you need to handle Canada through an intermediary?

I apply for consultation, and the agency fee is 65438+6000 yuan. This price is reasonable according to peers, but some problems cannot be broken through among peers. Just because he said it was this price, he told me to pay more attention, but during the application process, I was afraid that he would gradually increase the cost. For example, he will say that the information you provided is still lacking, and then charge something, because when signing the contract, he will indicate which expenses are what. After that, the extra process will require you to add money, so you have to add it. They are in this line of work, and it's hard for you to win a lawsuit, so keep the heart of 120. If you want to apply, we can communicate with each other! !

PS: 16000 yuan is a simple service charge. If you don't succeed, you can get a refund, and then there will be an application fee ranging from 3,000 yuan and a landing fee of about 8,000 yuan. These are all better. Maybe you are not qualified, but you want to try, then some service fees may not be refunded, and there may be a signing fee of about 2000 yuan! ! ! If it succeeds, landing in Canada will not kill more than 30 thousand ~ ~ ~

3. What is the commission of the real estate agent in Toronto?

Spread out completely

The commission of buying a house broker is generally around 2.5%, which is generally floating.

4. How much does it cost to invest in Canada? Is the agency fee in Canada high?

Canadian investment conditions:

1, and its net assets exceed 1.6 million Canadian dollars (18 years old or older).

Assets, stocks, bonds, futures, funds, insurance, bank deposits and net assets of the company owned by the applicant. Source: legally acquired, inherited, and given by husband and wife through personal efforts.

2. More than five years of comprehensive business management experience.

Business owner: You need to have at least 2 years management experience in the past 5 years.

B. Senior management: there must be at least five employees in the past five years;

3. Add 800,000 Canadian dollars. The investment period is five years. There are two ways to invest:

A. Invest 800,000 Canadian dollars in the fund designated and guaranteed by the Canadian government, and repay the principal without interest after five years and two months.

B. Loan 800,000 Canadian dollars to a bank designated by the Canadian government to pay interest of 220,000 Canadian dollars.

4. The applicant and his family are in good health and have no criminal record; That is, you need to pass a federal medical examination.

This policy will be adjusted in 20 13, and the requirements will be higher. Please consult Pacific Canadian experts for details. According to Pacific Canada's years of experience in focusing on investment, policy tightening and price increase have shown a trend.