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Development ChargesMunicipal LeviesLive
Development / levy charge
$
$0$200,000
Purchase price
$
$200,000$3,000,000
Enter the actual charge — this tool does not estimate municipal rates, which vary widely and change often. Ask the builder for the development-charge figure in the APS and whether it is capped; municipalities publish charges in a development charges by-law.
Live analysis
Charge entered$40,000.00
Share of price5.00%
Cash due at permit$40,000
Property typeSingle-family
Breakdown
Development / levy charge$40,000.00
Purchase price$800,000.00
As a share of price5.00%
Development charges are generally due at building permit and CANNOT be added to the mortgage — budget this as cash. Many builder agreements pass these through, some uncapped; confirm the figure and any cap in the APS.
Not a rate estimate. Confirm the amount against the municipality's development charges by-law before relying on it.