Residential Ontario Land Transfer Tax Calculator

Note: Be sure to change the city on the bottom right. Municipal Tax applies only to properties in the city of Toronto.

Mortgage calculator by ratehub.ca

How Land Transfer Tax is Calculated:

Ontario Land Transfer Tax
   (Applied to all land purchased in Ontario)*

0.5% on the first $55,000
1.0% on the portion between $55,000 and $250,000
1.5% on the portion between $250,000 and $400,000
2.0% on anything over $400,000
*Qualifying first time buyers receive up to a $2000 credit

Toronto Land Transfer Tax
   (Applies only to properties in Toronto)*

0.5% on the first $55,000
1.0% on the portion between $55,000 and $400,000
2.0% on anything over $400,000
   *First time buyers are exempt on the first $400,000