Taxes & Closing Costs

Land Transfer Tax Calculator

Ontario (and Toronto) land transfer tax is progressive and surprises a lot of buyers. Calculate exactly what you'll owe, including first-time buyer rebates.

Property Details

Purchase Price — $800,000

Total Land Transfer Tax

$12,475

No rebates applied

Ontario LTT

$12,475

Toronto LTT (MBTT)

First-Time Rebate

Your Tax by Bracket

Price Range	Rate	Tax
First $55,000	0.5%	$275
$55,001 – $250,000	1.0%	$1,950
$250,001 – $400,000	1.5%	$2,250
$400,001 – $2,000,000	2.0%	$8,000

Ontario LTT Rates

First $55,0000.5%

$55,001 — $250,0001.0%

$250,001 — $400,0001.5%

$400,001 — $2,000,0002.0%

Over $2,000,0002.5%

Loading calculator…

Assumptions effective 2026-01-01. Regulatory figures (stress-test rules, down-payment brackets, CMHC tiers, rebates) are managed in Admin → Calculators.

FAQ

Frequently Asked Questions

Answers to common questions about the land transfer tax calculator

How much is land transfer tax in Ontario?

It's progressive: 0.5% on the first $55,000, 1.0% to $250,000, 1.5% to $400,000, 2.0% to $2M, and 2.5% above. Toronto adds a second, identical municipal tax.

Do first-time buyers pay land transfer tax in Ontario?

First-time buyers get a rebate up to $4,000 on Ontario LTT and up to $4,475 on Toronto LTT — enough to eliminate the tax entirely on homes up to about $368,000.

Do I pay double land transfer tax in Toronto?

Yes — Toronto purchases pay both the Ontario provincial tax and the Toronto municipal tax, though first-time buyer rebates apply to each.

About these calculations

Calculations use current Canadian mortgage rules, including the mortgage stress test and CMHC insurance tiers. For informational purposes only — not financial advice. Confirm details with your mortgage professional before making decisions.