Land Transfer Tax Calculator
Land transfer tax depends on where you buy. Pick the jurisdiction and we use its own brackets and rebates, dated to when they took effect. Where we don’t have the rules yet, we say so instead of guessing.
Your purchase
Tax breakdown
- Ontario land transfer tax
- $16,475.00
- Toronto municipal land transfer tax
- $16,475.00
- Net payable on closing
- $32,950.00
Estimated land transfer tax
$32,950.00
net payable on closing
- Ontario land transfer tax
- $16,475.00
- Toronto municipal land transfer tax
- $16,475.00
- Net payable on closing
- $32,950.00
Rates for a home with one or two single-family residences. Other property types can differ.
Sources: Ontario: calculating land transfer tax · Toronto Municipal Code, Chapter 760 · Rates effective 2024-04-01 · Reviewed 2026-10-20
Paid in cash at closing; never added to your mortgage. Legal fees, title insurance and registration fees are extra.
How land transfer tax is calculated
Land transfer tax works like income tax brackets: each slice of the price is taxed at its own rate. In Ontario the rates run from 0.5% on the first $55,000 to 2% on the part between $400,000 and $2 million, and 2.5% above that. Buying in the City of Toronto adds a municipal land transfer tax with the same brackets up to $3 million and higher luxury rates above. Eligible first-time buyers get refunds of up to $4,000 from Ontario and up to $4,475 from Toronto.
Land transfer tax on an $800,000 home in Toronto
On an $800,000 home in Toronto you pay $12,475 to Ontario and $12,475 to the City, for $24,950 in total. An eligible first-time buyer pays $16,475 after both refunds. Outside Toronto, the same home costs $12,475 in Ontario land transfer tax.
| Price | Ontario (outside Toronto) | Toronto total | Toronto, first-time buyer |
|---|---|---|---|
| $500,000 | $6,475 | $12,950 | $4,475 |
| $800,000 | $12,475 | $24,950 | $16,475 |
| $1,000,000 | $16,475 | $32,950 | $24,475 |
| $1,500,000 | $26,475 | $52,950 | $44,475 |
Homes with one or two single-family residences. First-time buyer refunds require meeting every eligibility condition.
What this estimate doesn’t include
- Taxes for foreign or non-resident buyers, such as Ontario’s Non-Resident Speculation Tax.
- HST on newly built homes and any new-home rebates.
- Legal fees, title insurance, land registration fees and property tax adjustments.
- Provinces we don’t support yet: we show nothing for them rather than a number built on the wrong rules.
Next steps
- Mortgage payment calculator · see the payment on the rest of the price
- How much house can I afford? · check what a lender may approve
Calculations are estimates for general educational use and are not financial, mortgage, tax or legal advice, a lending offer or approval. Actual payments, qualification, rates, insurance, taxes and fees depend on your lender, contract and circumstances. Projections hold your entered rate constant after the term; future rates may differ.
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