Land Transfer Tax Calculator
Calculate Ontario and Toronto land transfer taxes
Ontario Land Transfer Tax Rates
| Purchase Price Range | Tax Rate |
|---|---|
| Up to $55,000 | 0.5% |
| $55,001 - $250,000 | 1.0% |
| $250,001 - $400,000 | 1.5% |
| $400,001 - $2,000,000 | 2.0% |
| Over $2,000,000 | 2.5% |
Toronto properties are subject to an additional Municipal Land Transfer Tax at the same rates.
Land Transfer Tax — Frequently Asked Questions
What is the Ontario land transfer tax rate?
Ontario land transfer tax is calculated on a sliding scale: 0.5% on the first $55,000, 1.0% on $55,001–$250,000, 1.5% on $250,001–$400,000, 2.0% on $400,001–$2,000,000, and 2.5% on amounts above $2,000,000. On a $900,000 Toronto home, the Ontario LTT alone is approximately $15,475 before any rebate.
What is the Toronto municipal land transfer tax?
Toronto levies its own municipal land transfer tax (MLTT) on top of the provincial LTT — making Toronto one of the most expensive cities in Canada for land transfer tax. The Toronto MLTT uses the same rate brackets as Ontario's. For a $900,000 home in Toronto, the total combined LTT (provincial + municipal) is approximately $30,950.
Do first-time buyers get a rebate on Ontario land transfer tax?
Yes. Ontario first-time homebuyers receive a rebate of up to $4,000 on provincial land transfer tax. Toronto first-time buyers receive an additional rebate of up to $4,475 on the municipal LTT — for a combined maximum rebate of up to $8,475. To qualify, you must never have owned a home anywhere in the world.
Who pays the land transfer tax — the buyer or the seller?
The buyer pays land transfer tax in Ontario. It is due at closing (when the deed transfers). The tax is collected by a lawyer or notary as part of closing costs. Unlike the real estate commission, the LTT is non-negotiable and set by provincial and municipal law.
When do I pay land transfer tax in Ontario?
Land transfer tax is paid at closing — the date when legal title transfers from seller to buyer. Your real estate lawyer will collect the exact amount and remit it to the Ontario government (and City of Toronto, if applicable) as part of your closing statement.
Is land transfer tax the same in every Canadian province?
No. Each province sets its own rules. British Columbia and Manitoba also have transfer taxes. Alberta and Saskatchewan do not. Nova Scotia and New Brunswick use deed transfer taxes. Ontario and BC have the highest effective LTT rates, and Toronto's additional municipal tax makes it uniquely expensive among Canadian cities.
Questions about your closing costs?
The GET ALDO team explains every cost before you make an offer — no surprises at closing.
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