Calculate How much do you need to pay

Purchasers in Ontario can add Land Transfer Taxes to their list of closing costs.

These taxes, levied on properties that are changing hands, are the responsibility of the purchaser.

 

First-Time Homebuyer in Ontario  –    Click to View:   Land Transfer Refund

Ontario – Land Transfer Tax Calculation  –  Click to Calculate:    Your Land Transfer Tax  

  • Land Transfer Tax Up to $55,000 X .5 % of total property value
  • From $55,000 to $250,000 X 1 % of total property value
  • From $250,000 to $400,000 X 1.5 % of total property value
  • From $400,000 up X 2 % of total property value
  • Example:   If you purchase a property for $260,000 in Ontario, for example, .5 per cent is charged on the first $55,000, 1 per cent is charged on $55,000 – $250,000, while the $250,000 – $400,000 range is taxed at 1.5 per cent. Your total tax bill? $2,375.00.

 

LTT Reference Table – The following chart illustrates Land Transfer Tax in Ontario for your reference only. 

Your individual land transfer tax calculation should be calculated and verified by your solicitor.

The following chart is based on the Land Transfer Tax (LTT) levied by the Province of Ontario

 

Purchase Price Ontario Provincial Land Transfer Tax (All Properties in Ontario) Toronto Land Transfer Tax (Only applies to Toronto Properties
$55,000 $275 $275
$60,000 $325 $325
$65,000 $375 $375
$70,000 $425 $425
$75,000 $475 $475
$80,000 $525 $525
$85,000 $575 $575
$90,000 $625 $625
$95,000 $675 $675
$100,000 $725 $725
$105,000 $775 $775
$110,000 $825 $825
$115,000 $875 $875
$120,000 $925 $925
$125,000 $975 $975
$130,000 $1,025 $1,025
$135,000 $1,075 $1,075
$140,000 $1,125 $1,125
$145,000 $1,175 $1,175
$150,000 $1,225 $1,225
$155,000 $1,275 $1,275
$160,000 $1,325 $1,325
$165,000 $1,375 $1,375
$170,000 $1,425 $1,425
$175,000 $1,475 $1,475
$180,000 $1,525 $1,525
$185,000 $1,575 $1,575
$190,000 $1,625 $1,625
$195,000 $1,675 $1,675
$200,000 $1,725 $1,725
$205,000 $1,775 $1,775
$210,000 $1,825 $1,825
$215,000 $1,875 $1,875
$220,000 $1,925 $1,925
$225,000 $1,975 $1,975
$230,000 $2,025 $2,025
$235,000 $2,075 $2,075
$240,000 $2,125 $2,125
$245,000 $2,175 $2,175
$250,000 $2,225 $2,225
$255,000 $2,300 $2,275
$260,000 $2,375 $2,325
$265,000 $2,450 $2,375
$270,000 $2,525 $2,425
$275,000 $2,600 $2,475
$280,000 $2,675 $2,525
$285,000 $2,750 $2,575
$290,000 $2,825 $2,625
$295,000 $2,900 $2,675
$300,000 $2,975 $2,725
$305,000 $3,050 $2,775
$310,000 $3,125 $2,825
$315,000 $3,200 $2,875
$320,000 $3,275 $2,925
$325,000 $3,350 $2,975
$330,000 $3,425 $3,025
$335,000 $3,500 $3,075
$340,000 $3,575 $3,125
$345,000 $3,650 $3,175
$350,000 $3,725 $3,225
$400,000 $4,475 $3,725
see calculation chart at top of page

For additional information please contact the Ontario Ministry of Finance at 905-433-6361 (for provincial land transfer tax questions) or the City of Toronto at 416-338-0338 (for Toronto land transfer tax questions).

We assumes no responsibility for the accuracy or completeness of the information set out in this section.