ONTARIO HOME INTEL • CALCULATORS
Ontario Land Transfer Tax Calculator
Estimate Ontario land transfer tax, first-time homebuyer refunds, and Toronto municipal land transfer tax.
Calculate Your Land Transfer Tax
Estimated Tax
How Ontario Land Transfer Tax Is Calculated
Ontario land transfer tax is calculated using graduated tax brackets. Different portions of the value of consideration are taxed at different rates rather than applying one rate to the entire purchase price.
Ontario Rates for 1–2 Family Residences
- 0.5% on the first $55,000
- 1.0% on the portion over $55,000 up to $250,000
- 1.5% on the portion over $250,000 up to $400,000
- 2.0% on the portion over $400,000 up to $2,000,000
- 2.5% on the portion above $2,000,000 where the land contains one or two single-family residences
Example
For a $750,000 purchase of a qualifying one- or two-family residence outside Toronto, the estimated Ontario land transfer tax is:
$11,475
A qualifying first-time homebuyer could potentially receive an Ontario refund of up to $4,000, reducing the estimated provincial tax payable to $7,475.
Ontario First-Time Homebuyer Refund
Qualifying first-time homebuyers purchasing an eligible home may be eligible for an Ontario land transfer tax refund of up to $4,000. For qualifying purchases, the refund can eliminate the provincial land transfer tax on the first $368,000 of value of consideration and reduce the tax payable on higher-priced homes.
Ontario’s eligibility requirements include rules relating to age, previous home ownership, a spouse’s ownership history, occupancy, citizenship or permanent-resident status, and the ownership interests of multiple purchasers.
The calculator assumes the purchaser qualifies for the maximum available refund when the first-time buyer option is selected. It does not determine legal eligibility or calculate reduced refunds where only some purchasers qualify.
Buying in Toronto?
Purchases within the City of Toronto may also be subject to Toronto’s Municipal Land Transfer Tax in addition to Ontario land transfer tax.
Effective April 1, 2026, Toronto applies higher graduated rates to portions of the value of consideration above $3 million for properties containing at least one and not more than two single-family residences.
- 0.5% on the first $55,000
- 1.0% on the portion over $55,000 up to $250,000
- 1.5% on the portion over $250,000 up to $400,000
- 2.0% on the portion over $400,000 up to $2,000,000
- 2.5% on the portion over $2,000,000 up to $3,000,000
- 4.40% on the portion over $3,000,000 up to $4,000,000
- 5.45% on the portion over $4,000,000 up to $5,000,000
- 6.50% on the portion over $5,000,000 up to $10,000,000
- 7.55% on the portion over $10,000,000 up to $20,000,000
- 8.60% on the portion above $20,000,000
Qualifying first-time purchasers of an eligible Toronto home may also be eligible for a municipal rebate of up to $4,475. Toronto states that this first-time purchaser rebate does not apply to commercial, industrial, or multi-residential properties.
The calculator automatically adds Toronto Municipal Land Transfer Tax when you select City of Toronto.
Land Transfer Tax Is Only One Closing Cost
Buyers should budget for more than land transfer tax. Depending on the transaction, other costs may include:
- Legal fees and disbursements
- Title insurance
- Home inspection costs
- Appraisal costs
- Mortgage-related expenses
- Property tax adjustments
- Utility or fuel adjustments
- Moving expenses
- Home insurance
- Immediate repairs or improvements
Land Transfer Tax FAQ
Do all Ontario homebuyers pay land transfer tax?
Ontario land transfer tax generally applies when land or an interest in land is transferred. Exemptions, refunds, and special rules can apply in certain transactions.
Does Toronto have an additional land transfer tax?
Yes. Purchases within the City of Toronto may be subject to Toronto Municipal Land Transfer Tax in addition to Ontario land transfer tax.
How much is the Ontario first-time homebuyer refund?
A qualifying first-time purchaser of an eligible home may receive an Ontario land transfer tax refund of up to $4,000.
How much is the Toronto first-time purchaser rebate?
A qualifying first-time purchaser of an eligible Toronto home may receive a Toronto Municipal Land Transfer Tax rebate of up to $4,475.
Can I use the first-time buyer option for commercial or other property?
No. This calculator only estimates first-time purchaser refunds and rebates when the 1–2 family residence option is selected. Eligibility is based on an eligible home and must be confirmed for the specific transaction.
Is this calculator the amount my lawyer will charge?
No. This calculator estimates land transfer tax only. Your lawyer determines the actual tax payable and may also charge legal fees, disbursements, title insurance, registration expenses, and other transaction costs.
Planning an Ontario Home Purchase?
Calculators are useful for planning, but every purchase has its own financing, property, legal, and transaction considerations.
Calculator Disclaimer: This calculator provides a general estimate for informational purposes only and is not legal, tax, financial, lending, or real estate advice. Land transfer tax, refunds, rebates, exemptions, transaction fees, and eligibility requirements may change and may depend on the specific transaction. The calculator does not include Ontario’s Non-Resident Speculation Tax, Toronto’s Municipal Non-Resident Speculation Tax, legal fees, registration fees, title insurance, or other closing costs. Confirm the actual amount payable with your real estate lawyer before closing.