Land Transfer Tax Calculator
Other Cities in Ontario
$0.00
City of Toronto
$0.00
LTT is a significant expense often overlooked. It’s calculated as a percentage of the property’s value, with specific rates for Ontario:
- Up to $55,000: 0.5%
- $55,000.01 to $250,000: 1.0%
- $250,000.01 to $400,000: 1.5%
- $400,000.01 to $2,000,000: 2.0%
- Over $2,000,000: 2.5%
In Toronto, buyers are subject to both the Municipal and Provincial LTT. First-time homebuyers in Ontario can receive a rebate of up to $4,000 on the provincial LTT, with an additional rebate of up to $4,475 available if the property is in Toronto.
