Land Transfer Tax

Ontario land transfer tax calculator

Land transfer tax is paid by the buyer when a property changes hands. In Ontario it is calculated in tiers based on the purchase price, and properties in the City of Toronto pay an additional municipal land transfer tax.

Calculate your land transfer tax

Purchase price

The property is in the City of TorontoAdds the Toronto municipal land transfer tax.

I am a first-time homebuyerApplies the first-time buyer refund(s) if you are eligible.

Residential home (one or two single family residences)Untick for commercial or other property types.

Estimated tax

Ontario land transfer tax: $12,475.00
Total payable: $12,475.00

Estimate only, based on current published rates. Confirm the final amount with your real estate lawyer.

First-time homebuyer refunds

Eligible first-time buyers can receive a refund of up to $4,000 of Ontario land transfer tax. In Toronto, eligible first-time buyers can also receive a rebate of up to $4,475 of municipal land transfer tax.

You must be at least 18 years old.
You must occupy the home as your principal residence within 9 months of closing.
You cannot have owned a home, or had an ownership interest in a home, anywhere in the world.
Your spouse cannot have owned a home anywhere in the world while they were your spouse.
Refunds are reduced proportionately when a co-owner is not eligible.

Important

The calculator provides an estimate only. Rates, refunds and eligibility rules can change. Confirm the exact amount with your real estate lawyer before closing.

Planning your purchase?

Nadeem can walk you through closing costs and help you budget for your new home.

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