Land Transfer Tax Calculator (Canada)
Free Canadian land transfer tax calculator. Calculates provincial LTT for Ontario, BC, Quebec, Manitoba, and Nova Scotia. Includes City of Toronto municipal LTT (which doubles the Ontario rate), first-time buyer relief for Ontario and BC, and the ADS for Ontario. Note: Alberta has no provincial LTT.
Frequently Asked Questions
How much is land transfer tax in Ontario?
Ontario LTT uses a tiered rate: 0.5% on the first $55,000, 1% on $55,001-$250,000, 1.5% on $250,001-$400,000, 2% on $400,001-$2,000,000, and 2.5% above $2,000,000. For a $750,000 purchase, Ontario LTT is approximately $11,475. In the City of Toronto, a matching municipal LTT is also payable, roughly doubling the tax.
Do first-time buyers get a refund on land transfer tax in Ontario?
Yes. First-time buyers in Ontario are eligible for a refund of up to $4,000 of provincial LTT, which eliminates the tax on purchases up to approximately $368,000. In the City of Toronto, a separate first-time buyer rebate of up to $4,475 applies to the municipal LTT. The rebate is available if you have never owned a home anywhere in the world.
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