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Use the form below to calculate the amount of land transfer
tax you will have to pay. Land transfer tax
is applied on the sale price only.
Ontario Land Transfer Tax Explained
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Ontario Land Transfer Tax
0.5% - on
the first $55,000
1.0% - on portion between $55,000 -
$250,000
1.5% - on balance over $250,000
2.0% - on
anything over $400,000
Qualifying first time
buyers receive a $2000 credit
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Toronto Land Transfer Tax
0.5% - on
the first $55,000
1.0% - on portion between $55,000 -
$400,000
2.0% - on anything over $400,000
First
time buyers are exempt on the first $400,000
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