The Vatandoust Sirrs Team with Keller Williams Energy Real Estate

Calculate Ontario Land Transfer Tax

If you acquire property or land in Ontario, you must pay land transfer tax to the province when the transaction closes. Land transfer tax is applied on the sale price only.

Use the form below to calculate the amount of land transfer tax you will have to pay for purchasing land in Ontario.

Refund for First-time Homebuyers

Qualifying first-time homebuyers can claim a refund on the land transfer tax, up to $2,000. Learn more about the refund for first-time home buyers here.

Ontario Land Transfer Tax Calculator

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Ontario Land Transfer Tax Explained

  • 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
  • Qualifying first time buyers receive up to a $4000 credit

Toronto Land Transfer Tax Explained

  • 0.5% - on the first $55,000
  • 1.0% - on portion between $55,000 - $400,000
  • 2.0% - on anything over $400,000
  • First time buyers are exempt on the first $400,000


You can find further details about the Ontario  Land Transfer Tax and the Toronto Municipal Land Transfer Tax.


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Trademarks owned or controlled by The Canadian Real Estate Association. Used under license.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Information is deemed reliable but is not guaranteed accurate by TREB.

Toronto Real Estate Board - IDX Last Updated: 9/20/2017 6:37:23 AM