Helping Families for 30+ Years in pursuit of Home Ownership

Land Transfer Tax

Residential Properties
A provincial land transfer tax applies to all properties in Ontario, including Toronto. A separate Toronto land transfer tax applies to Toronto properties only (An easy-to-use calculator and other options for determining the tax are provided below).
NOTE (Provincial Land Transfer Tax): First time home buyers may be eligible for a rebate of the provincial land transfer tax (PLTT) up to $4,000.
To calculate the total LTT payable for Residential properties, choose one of the following:
1. CLICK HERE & ENTER THE PURCHASE PRICE IN THE SPACE PROVIDED. THE LAND TRANSFER TAX WILL AUTOMATICALLY BE CALCULATED & DISPLAYED.
OR
PROVINCIAL LAND TRANSFER TAX
(Applies to all Ontario properties, including Toronto)
0.5% on the first $55,000
plus 1.0% of the amount from $55,001 to $250,000
plus 1.5% of the amount in excess of $250,001 to $400,000
plus 2.0% of the amount in excess of $400,000
plus 2.5% of the amount in excess of $2,000,000