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Land Transfer Tax Calculator

Many people overlook the considerable cost of land transfer tax when purchasing a house. When you buy a house,  you must pay the government a tax after the sale is completed. The sum charged is determined by the value of your home. 

Land Transfer Tax Calculator

Land Transfer Tax
  • Provincial: $0
  • Rebate: $0
  • Total Amount: $0

Ontario Land Transfer Tax Rates

When you a buy a house, condo or land in Ontario you are subject to land transfer tax which is due upon closing. Rates are as follows:

Purchase Price of HomeLand Transfer Marginal Tax Rate
First $55,0000.5%
$55,000 to $250,000 1.0%
$250,000 to $400,0001.5%
$400,000 to $2,000,0002.0%
Over $2,000,0002.5%

Ontario Land Transfer Tax Rebates

Purchase Price of HomeFirst-Time Buyer Rebate
Up to $368,333Full Tax Refund
Over $368,333 $4,000 Refund

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