The Karen Millar Team


The Shops at Don Mills
8 Sampson Mews #201
Toronto, ON
M3C 0H5

416.443.0300
1.877.366.SOLD (7653)

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Buyers > Land Transfer Tax Calculator

LAND TRANSFER TAX CALCULATOR

Purchase Price  
First-Time Homebuyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax



Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%

  • $55,000.01 to $250,000.00 -> 1%

  • $250,000.01 to $400,000 -> 1.5%

  • $400,000.01 & $2,000,000.00 -> 2%

  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers



City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%

  • $55,000.01 to $250,000.00 -> 1%

  • $250,000.01 to $400,000 -> 1.5%

  • $400,000.01 & $2,000,000.00 -> 2%

  • Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities