Ontario Land Transfer Tax Calculator
Estimate what you will owe in provincial (and Toronto municipal) land transfer tax before you close on your property.
Land transfer tax is a marginal tax. The rate increases at each bracket.
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Toronto properties are subject to an additional municipal land transfer tax.
Eligible first-time buyers can receive rebates that reduce the tax owing.
Frequently asked questions
Ontario land transfer tax rates
Ontario uses a marginal rate system. Only the portion of the price within each bracket is taxed at that rate, similar to income tax.
| Purchase price bracket | Marginal rate |
|---|---|
| First $55,000 | 0.5% |
| $55,001 to $250,000 | 1.0% |
| $250,001 to $400,000 | 1.5% |
| $400,001 to $2,000,000 | 2.0% |
| Over $2,000,000 | 2.5% |
Toronto municipal land transfer tax rates
Buyers purchasing within the City of Toronto pay this additional municipal tax on top of the provincial amount.
| Purchase price bracket | Marginal rate |
|---|---|
| First $55,000 | 0.5% |
| $55,001 to $250,000 | 1.0% |
| $250,001 to $400,000 | 1.5% |
| $400,001 to $2,000,000 | 2.0% |
| $2,000,001 to $3,000,000 | 2.5% |
| $3,000,001 to $4,000,000 | 3.5% |
| $4,000,001 to $5,000,000 | 4.5% |
| $5,000,001 to $10,000,000 | 5.5% |
| $10,000,001 to $20,000,000 | 6.5% |
| Over $20,000,000 | 7.5% |