Ontario Land Transfer Tax Explained


The Government of Ontario applies a Land Transfer Tax for land that is being transferred from one owner to another. This amount is payable by the purchaser upon registration of the Transfer/Deed. If a first-time purchaser is buying a new home from a registered builder, the first $2,000 in provincial Land Transfer tax is waived.

Click below to automatically calculate your Ontario Land Transfer Tax on residential purchases.
City of Toronto Land Transfer Tax is extra, as shown below.

Purchase Price: $
- I am a first time home buyer
- I am purchasing a property located in Toronto
Total Land Transfer Tax: $

Ontario Land Transfer Tax Explained

Ontario Land Transfer Tax

0.5% - on the first $55,000
1.0% - on portion between $55,000 - $250,000
1.5% - on balance over $250,000
2.0% - on anything over $400,000

Toronto Land Transfer Tax

0.5% - on the first $55,000
1.0% - on portion between $55,000 - $400,000
2.0% - on anything over $400,000

Qualifying first time buyers receive a $2000 creditFirst time buyers are exempt on the first $400,000

Note: We have attempted to ensure the accuracy of the calculations, but it is not guaranteed.