Ontario Land Transfer Tax Calculator
Estimate what you will owe in provincial (and Toronto municipal) land transfer tax before you close on your property.
Buying property in Ontario comes with one-time costs that sit apart from your mortgage and down payment. The largest is usually the tax the province charges when ownership changes hands. It is due in full on the day your deal closes, calculated on a sliding scale tied to your purchase price, and your lawyer remits it as part of registering the transfer into your name.
Eligible first-time buyers can recover part of that cost through a rebate, and homes inside the City of Toronto carry a second municipal charge on top of the provincial one. Use the calculator below to see your full estimate, then talk to us when you are ready to close — we confirm the exact figure on every file.
Land transfer tax is a marginal tax. The rate increases at each bracket.
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% |