This is a Ontario news story, published by torontosun.
For more Ontario news, you can click here:
more Ontario newsFor more real estate & housing news, you can click here:
more real estate & housing newsFor more news from torontosun, you can click here:
more news from torontosunOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like real estate & housing news, you might also like this article about
residential development approvals process. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Residential Construction Council news, housing affordability news, real estate & housing news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
new housingtorontosun
•
75% Informative
The tax burden on new housing in Ontario has “significantly increased” and now accounts for 31 per cent of the purchase price.
A new home is taxed at twice that of the rest of the economy.
In Toronto , the charges for single-detached homes have increased from $ 12,910 in 2010 to $ 141,139 in 2024 a whopping 79 -per-cent hike.
VR Score
75
Informative language
71
Neutral language
38
Article tone
semi-formal
Language
English
Language complexity
44
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
8
Source diversity
5
Affiliate links
no affiliate links