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jason dari
Hello, I'll be moving back to Toronto and thinking to buy a one bedroom apartment.Nothing fancy on it just an average small apartment.I'm aware that the apartment owners should pay yearly payments or what you call as fees to the government and my question is how much money will I pay to the government including school tax, garbage tax etc.I'd be very glad if you can help me out
Answer
You don't BUY an apartment. You rent one, usually with a yearly renewable lease. Municipal government (city) taxes, water tax, and garbage tax are usually the responsibility of the owner of the building, not the tenant that rents an apartment in the building. Those costs are included as part of your rent. There should be no provincial or federal taxes imposed.
You would normally be responsible for the school tax, payable to the schoolboard in your area, and the tax will vary depending on the school district. These would normally not be more than $1000 per year, but then again I don't live in Toronto, so not sure exact amounts.
Now if you are referring to a condominium, that's a different story. With that setup, you may be responsible for a portion of the municipal taxes, divided equally among the condo owners. Or it may be included in your condo fees. But again, it varies depending on the building and section of the city you live in. But it's practically impossible to tell you even a rough idea what you might pay because of this variation.
(In case some people are not familiar with this term, a "condo" is kind of like an apartment, but you own your section of the building, and you share costs for expenses to the common parts of the building.)
You don't BUY an apartment. You rent one, usually with a yearly renewable lease. Municipal government (city) taxes, water tax, and garbage tax are usually the responsibility of the owner of the building, not the tenant that rents an apartment in the building. Those costs are included as part of your rent. There should be no provincial or federal taxes imposed.
You would normally be responsible for the school tax, payable to the schoolboard in your area, and the tax will vary depending on the school district. These would normally not be more than $1000 per year, but then again I don't live in Toronto, so not sure exact amounts.
Now if you are referring to a condominium, that's a different story. With that setup, you may be responsible for a portion of the municipal taxes, divided equally among the condo owners. Or it may be included in your condo fees. But again, it varies depending on the building and section of the city you live in. But it's practically impossible to tell you even a rough idea what you might pay because of this variation.
(In case some people are not familiar with this term, a "condo" is kind of like an apartment, but you own your section of the building, and you share costs for expenses to the common parts of the building.)
Can renters who are leaving block bedrooms from being shown to prospective renters?
Patricia
Our current renters are leaving. We gave them a 24 hour notice that we would be showing the house. When we went in to show the house, they blocked the bedrooms from us showing them and said that we would breaking their privacy issues. Can renters really use this to stop us from showing the whole house?
Answer
No they can't do this and they are clearly hiding something but the problem is - what can you do about it, evict them? I'd immediately setup an appointment to vies the place (by yourself) and tell them they must allow you to see the whole unit - per your lease requirements. Hopefully they'll get the message and hide or remove whatever they don't want you to see. Sadly, however, if they still refuse to let you see the rooms I'm not really sure what to do. You could start eviction proceedings (for them breaking lease terms) at a minimum - probably no point but stil not a bad idea.
No they can't do this and they are clearly hiding something but the problem is - what can you do about it, evict them? I'd immediately setup an appointment to vies the place (by yourself) and tell them they must allow you to see the whole unit - per your lease requirements. Hopefully they'll get the message and hide or remove whatever they don't want you to see. Sadly, however, if they still refuse to let you see the rooms I'm not really sure what to do. You could start eviction proceedings (for them breaking lease terms) at a minimum - probably no point but stil not a bad idea.
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Title Post: What are the total governmental fees if I buy a one bedroom apartment?
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