🏛️ Land Transfer Tax (ON)
Ontario land transfer tax with first-time buyer rebate
About this calculator
Ontario's land transfer tax is charged on every property purchase, and this calculator computes it exactly. Enter the purchase price and it applies the marginal brackets — 0.5 percent to $55,000, 1 percent to $250,000, 1.5 percent to $400,000, 2 percent to $2,000,000, and 2.5 percent above — plus Toronto's additional municipal tax if the property is in the city.
Like income tax, the rates are marginal: each bracket's rate applies only to the slice of the price inside it. A $700,000 home outside Toronto owes about $10,475 — not a flat 1.5 percent of the whole price, which is the common mistake.
Tip: First-time buyers in Ontario get a rebate up to $4,000 (and up to $4,475 more in Toronto), which wipes the tax out entirely on homes up to about $368,000.