If You Say 'No' To Another Home-Buyer Tax, Then You Need To Read This

If your voice says no to another home-buyer tax, the Ontario Real Estate Association wants you to use it to tell your local provincial candidates.

The Ontario Election is June 7 and housing affordability is a critical issue. (See the political leaders' housing affordability plans here.)

Last week, York Region councillors demanded that the province give them municipal land transfer tax (MLTT) powers. As such, a second land transfer tax in York Region would add over $15,000 to an average-priced home.

OREA warns if the MLTT spreads to York Region, you can be certain that it’s coming to a community near you next.

"This is your chance to make a difference. Send a message to your local candidates running in the Ontario Election telling them to say 'no' to a second land transfer tax by visiting: https://www.keepthedreamalive.ca/takeaction.html ," tweeted the Association.

— (@)

OREA says, "Keeping the dream of home-ownership alive in our province starts with beating back the MLTT. Be part of the movement to protect the #HomeOwnershipDream and take action today."

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If You Say 'No' To Another Home-Buyer Tax, Then You Need To Read This

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The 87-unit rental building at 4026 Quadra Street in Victoria was previously owned by Asfar Holdings Ltd. when it was placed under receivership in March.

The Madeira Manor site at 4330 Maywood Street (6677 Silver Avenue) in Burnaby was acquired by Thind Properties from Kirpal Group.