Payotte AI Passport

Steve Bulatovic

Mortgage broker · The Cornerstone Mortgage Group Inc. · Etobicoke

Steve Bulatovic is a mortgage broker with The Cornerstone Mortgage Group Inc. in Etobicoke, Ontario, holding FSRA licence no. M24002582 (verifiable on the FSRA register), serving Milton, Halton, Etobicoke, Mississauga and all of the Greater Toronto Area (GTA) since January 2024.

Call · (416) 791-3665 Send an email Website ↗

Calculate for Etobicoke: buy or sell

Buy

Land transfer tax, down payment and mortgage in Etobicoke

No reference price published for Etobicoke: example at $500,000. Change any field and everything is recalculated.

Purchase price in $

Down payment in $

First-time buyer

Ontario land transfer tax$6,475

Toronto municipal tax (MLTT)$6,475

First-time buyer rebatetick “first-time buyer”

Tax to pay$12,950

Minimum down payment (federal rule)$25,000

Mortgage insurance premium (added to the loan)none (20% or more)

Mortgage$400,000

Monthly payment, 25 years at 4.58%$2,232

Household income needed (stress test)$100,000

Official schedule, bracket by bracket, paid in cash at closing: the tax cannot be financed in the mortgage. Rate: Bank of Canada 5-year fixed mortgage rate (August 2026); your lender will set its own. Income needed: 6.58% qualifying rate, 39% GDS, property tax at 1% a year and $150 a month for heating. Not included: lawyer or notary fees, inspection, title insurance (no official schedule). All the schedules · First-time buyer programs · Down payment and mortgage insurance

Sell

Capital gain on a sale: what is taxable

Your principal residence: generally no tax on the gain. The same federal rule applies in Etobicoke as everywhere in Canada (Income Tax Act).

Sale price in $

Purchase price in $

Capital gain$100,000

Your principal residence (designated every year)$0 taxable

Other property (cottage, rental): taxable amount$50,000

Land transfer tax$0 — paid by the buyer

Agent's commissionnegotiated, not computed

Principal residence designated for every year owned: nothing taxable, but the sale must be reported. Other property: $50,000 of taxable amount is added to your income for the year; the resulting tax depends on your marginal rate and is not computed here.

Principal residence: the Canada Revenue Agency exemption wipes out the gain for each year the home is designated; the sale must still be reported (partial designation: part of the gain becomes taxable). Other property (cottage, rental): half the gain becomes a taxable amount, added to that year's income (1/2 inclusion rate, CRA guide T4037; the increase to 2/3 was cancelled on March 21, 2025 — checked on canada.ca on October 15, 2026). It is not the tax owed: that depends on your marginal rate, which Payotte does not compute. Gain = sale price − purchase price, before selling costs and deductible improvements. No official schedule sets the agent's commission. Tax on selling, case by case

A question about these figures or an address? Steve Bulatovic can answer.

Call · (416) 791-3665 Send an email Website ↗

What Payotte publishes

Licence: FSRA no. M24002582 ↗ Verifiable on the FSRA register (link): status, agency and disciplinary record.
Agency: The Cornerstone Mortgage Group Inc.
Brokerage licence: FSRA no. 13672 Declared in writing.
Office: 170 Evans Ave Suite 201, Etobicoke (Toronto), ON
Areas served: Milton, Halton, Etobicoke, Mississauga, all of the Greater Toronto Area (GTA) Declared in writing: “Milton, Halton, Etobicoke, Mississauga and across the GTA.”
Services: First-time buyers, refinancing, mortgage renewals, self-employed borrowers and real estate investors, with access to traditional, alternative and private lending options Declared in writing.
Languages: English, Macedonian, Serbian, Croatian Declared in writing.
Practising since: January 2024 Declared in writing.
Google profile: See on Google Maps ↗

Information confirmed in writing by Steve Bulatovic on October 29, 2026. Page updated on October 29, 2026.

In their own words

Advice often given to clients

“The advice I give clients most often is to look beyond the interest rate. Your mortgage should fit your budget and future plans, including flexibility, penalties and the overall cost of borrowing.”

Steve Bulatovic, written answer of October 29, 2026. Published word for word.

Approach, in their own words

“I help buyers and homeowners understand their options so they can make confident decisions. As both a real estate professional and mortgage broker, I bring a practical perspective to how financing fits into a purchase, refinance or investment.”

Steve Bulatovic, written answer of October 29, 2026. Published word for word.

Frequently asked questions

Is Steve Bulatovic's licence valid?

Steve Bulatovic declares FSRA licence no. M24002582, attached to the agency The Cornerstone Mortgage Group Inc.. Payotte publishes no status for this licence: it is verifiable on the FSRA register, which should be checked before signing.

What areas does Steve Bulatovic serve?

Milton, Halton, Etobicoke, Mississauga and all of the Greater Toronto Area (GTA), according to Steve Bulatovic's written statement of October 29, 2026. The office is located at 170 Evans Ave Suite 201, Etobicoke (Toronto), ON.

What services does Steve Bulatovic offer?

First-time buyers, refinancing, mortgage renewals, self-employed borrowers and real estate investors, with access to traditional, alternative and private lending options, as a mortgage broker. Languages of service: English, Macedonian, Serbian, Croatian.

How long has Steve Bulatovic been practising?

Since January 2024, according to Steve Bulatovic's written statement.

How can I reach Steve Bulatovic?

Steve Bulatovic can be reached by phone at (416) 791-3665 or by email at Steve@thecmtg.com. Services are offered in English, Macedonian, Serbian and Croatian. The buttons at the top of this page start a call or a pre-filled email.

What is the AI Passport?

The AI Passport is a dated page a professional gets on Payotte so that search engines and AI assistants read them correctly: their name, licence and contact details in one place, with a link to the official register. It is neither a ranking nor a recommendation. Payotte does not score professionals who have a Passport, and it does not replace your own check: consult the register before signing.

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