Ontario Land Transfer Tax Calculator

Checked 15 October 2026. What was checked. How these pages are maintained.

Ontario land transfer tax brackets

Provincial LTT is charged on slices of the price: 0.5% on the first $55,000, 1% on $55,000–$250,000, 1.5% on $250,000–$400,000, 2% on $400,000–$2 million, and 2.5% above $2 million. First-time buyers may get a rebate up to $4,000 of the provincial tax.

Toronto charges a municipal land transfer tax on top. For typical homes under $3 million the municipal brackets match the provincial ones. From 1 April 2026, Toronto uses higher rates above $3 million. Toronto first-time buyers may get a municipal rebate up to $4,475. Mississauga, Vaughan, and the rest of the GTA do not charge Toronto's tax.

Worked example

A $700,000 Toronto resale: provincial LTT is 0.5% on $55k, 1% on the next $195k, 1.5% on the next $150k, 2% on the remaining $300k, about $10,950. Toronto municipal tax on a typical home under $3 million uses the same slices, so another ~$10,950, before rebates.

First-time buyer rebates (up to $4,000 provincial and up to $4,475 Toronto municipal) only apply if you qualify; the checkbox is not a legal determination. Mississauga and Vaughan do not charge Toronto’s tax. This page does not add non-resident speculation tax.

A tax you pay once, in slices of the price

Ontario land transfer tax on a $450,000 purchase is not 1 percent of $450,000. It is 0.5 percent on the first $55,000 ($275), 1 percent on the next $195,000 ($1,950), 1.5 percent on the next $150,000 ($2,250), and 2 percent on the remaining $50,000 ($1,000). The total is $5,475. A flat percent people do in their head will not match the lawyer’s statement. Above $2 million the provincial rate on the slice above that line is 2.5 percent.

Toronto charges a municipal land transfer tax on top of the provincial one. For a typical home under $3 million the municipal slices match the provincial slices, so a Toronto $450,000 purchase is about $5,475 provincial plus about $5,475 municipal before any rebate. Mississauga, Vaughan, and the rest of Ontario do not pay Toronto’s tax. From 1 April 2026, Toronto’s rates above $3 million are higher than the provincial scale. The brackets in this page include those upper slices.

The first-time checkbox is not eligibility

The first-time buyer control applies the maximum rebates this page knows: up to $4,000 of provincial tax, and up to $4,475 of Toronto municipal tax if you are in Toronto. On the $450,000 Ontario example the provincial rebate would cut $5,475 down by $4,000, leaving $1,475, but only if you actually qualify. Residency, prior ownership, and the kind of property all matter, and a checkbox cannot know them. The lawyer’s statement of adjustments is the number you pay. This page does not add Ontario’s non-resident speculation tax, and it is not British Columbia or Quebec. Yearly property tax is a different bill entirely.

Common questions