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Ontario Land Transfer Tax Calculator

Calculate your mandatory land transfer tax, first-time buyer rebates up to $8,475, and true closing costs in seconds.

Land Transfer Tax Estimator

Calculate Ontario Provincial and Toronto Municipal land transfer taxes instantly based on property purchase price.

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Are you planning to purchase a property in Ontario, Canada? Understanding the Land Transfer Tax (LTT) is essential as it applies to anyone buying land in the province. The LTT is a closing cost that buyers must account for during the property transfer process.

Land Transfer Tax in Ontario: Key Information

Unless certain exemptions apply, the Land Transfer Tax is imposed on anyone acquiring land in Ontario, including property transfers between spouses and family members. Three primary exclusions from the LTT exist for family transactions: transfers between spouses, gifts, and transfers to family businesses.

Who Pays the Land Transfer Tax in Ontario?

According to Canadian law, the buyer is responsible for paying the Land Transfer Tax, not the seller. This tax burden falls on the homebuyer, and it's essential to account for it in your budget when planning to purchase a property.

Calculating the Land Transfer Tax in Ontario

The amount of Land Transfer Tax in Ontario is determined based on several factors, including the property's purchase price. The tax rate ranges from 0.5 to 2.5 percent, depending on the property's value.

  • Up to C$55,000: 0.5%
  • C$55,001 to C$250,000: 1.0%
  • C$250,001 to C$400,000: 1.5%
  • Over C$400,000: 2.0%

Frequently Asked Questions

Everything you need to know about Land Transfer Tax and rebates in Ontario.

The Land Transfer Tax (LTT) in Ontario is calculated based on the purchase price of your property. Rates are marginal, starting at 0.5% for the first $55,000, and scaling up to 2.5% for amounts exceeding $2,000,000. Our calculator automatically applies these marginal rates based on your input.
First-time homebuyers in Ontario are eligible for a rebate of up to $4,000 on their provincial Land Transfer Tax. If you are buying in Toronto, you can also claim an additional municipal rebate up to $4,475. Our calculator factors in these rebates when you indicate you are a first-time buyer.
Yes, the City of Toronto levies its own Municipal Land Transfer Tax (MLTT) in addition to the provincial tax. The rates for the MLTT are virtually identical to the provincial rates, meaning buyers in Toronto effectively pay double the land transfer tax compared to buyers in other Ontario cities like Mississauga or Brampton.
The Land Transfer Tax is due upon closing. It is typically paid by your real estate lawyer on your behalf when the property is legally transferred to your name. You must have the funds available as part of your closing costs.
In Ontario, the Land Transfer Tax is always the responsibility of the buyer. The seller does not pay any land transfer tax when selling their property.