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Ontario Land Transfer Tax Calculator
Enter a purchase price and we calculate the exact Ontario provincial land transfer tax, plus the Toronto MLTT if applicable, and apply the first-time buyer rebate when eligible.
How Ontario land transfer tax works
Ontario charges a provincial land transfer tax on every home purchase, calculated as a marginal rate that increases with price. The brackets are 0.5% on the first $55,000, 1.0% on $55,001-$250,000, 1.5% on $250,001-$400,000, 2.0% on $400,001-$2,000,000, and 2.5% above $2,000,000.
If your property is in the City of Toronto, you also pay the municipal land transfer tax (MLTT) on top. Toronto applies the same bracket structure as the province, doubling the LTT on Toronto properties.
First-time home buyers receive a rebate of up to $4,000 on the provincial LTT and up to $4,475 on the Toronto MLTT (if applicable). To qualify you must be 18+, have never owned a home anywhere in the world, and your spouse cannot have owned a home while being your spouse.
Frequently asked questions
How do I calculate land transfer tax in Ontario?
Ontario's Land Transfer Tax is bracketed: 0.5% on the first $55,000 of consideration, 1.0% on $55,001-$250,000, 1.5% on $250,001-$400,000, 2.0% on $400,001-$2,000,000, and 2.5% on amounts over $2 million for residential property. Add the bracket amounts together to get total provincial LTT. Properties in the City of Toronto add a Municipal Land Transfer Tax (MLTT) at the same bracket structure on top of the provincial amount.
How much is the land transfer tax on $300,000 in Ontario?
For a $300,000 home: ($55,000 × 0.5%) + ($195,000 × 1.0%) + ($50,000 × 1.5%) = $275 + $1,950 + $750 = $2,975. First-time homebuyers qualify for a rebate of up to $4,000, which fully covers this amount.
Who pays the land transfer tax in Ontario, buyer or seller?
The buyer pays the land transfer tax. It is collected at closing as part of the closing costs and remitted by the buyer's lawyer to the Ontario Ministry of Finance. The seller does not pay LTT on the transaction.
How can I avoid paying land transfer tax in Ontario?
There are limited exceptions. Spouses can transfer property between each other without LTT. Inheritance transfers are typically exempt. Transfers from a parent to a child may be exempt where no monetary consideration changes hands. First-time homebuyers receive a rebate of up to $4,000 (full or partial). Strategies that involve avoiding bona fide consideration are subject to anti-avoidance review by the Ministry of Finance.
Does Toronto have its own land transfer tax?
Yes. The City of Toronto imposes a Municipal Land Transfer Tax (MLTT) in addition to Ontario's provincial LTT. MLTT uses an identical bracket structure to the provincial tax, effectively doubling the LTT cost on Toronto properties. A property purchased in Toronto for $1 million pays both provincial LTT (~$16,475) and MLTT (~$16,475).
Is the first-time homebuyer LTT rebate automatic?
No, you must claim it. Your real estate lawyer typically handles the rebate application as part of the closing process. The rebate is up to $4,000 provincial and an additional rebate is available within Toronto for the MLTT. To qualify, the buyer (and spouse, if applicable) must be at least 18 years old, never have owned a home anywhere in the world, and intend to occupy the home as their principal residence within 9 months.
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This calculator provides estimates only and is not a substitute for advice from a real estate lawyer or tax professional. Rates and rebate amounts shown are current as of 2026.