Ontario Land Transfer Tax Calculator
Ontario land transfer tax and, in Toronto, the municipal land transfer tax on a home, with first-time buyer refunds and Toronto’s 2026 luxury rates.
Result
Land transfer tax to pay: CA$32,950.00Estimate
Non-residents may also owe Ontario’s non-resident speculation tax and Toronto’s own, which this page leaves out.
- Ontario land transfer tax
- CA$16,475.00Estimate
- Toronto municipal land transfer tax
- CA$16,475.00Estimate
- Ontario first-time buyer refund
- CA$0.00Estimate
- Toronto first-time buyer rebate
- CA$0.00Estimate
https://calcgallery.com/home-buying/ontario-land-transfer-tax-calculator/
Results are arithmetic from the figures you enter, not legal, tax, lending or settlement advice. Fees vary by state, lender and negotiation, and the site quotes none of them. Check your Loan Estimate, Closing Disclosure or settlement statement for the real numbers. Read the full disclaimer
How to use the Ontario Land Transfer Tax Calculator
- Enter the purchase price.
- Say whether the home is in the City of Toronto, which charges its own tax on top of Ontario's.
- Say whether it is one or two single-family homes. Houses, condos and townhomes all count; the higher rates above $2 million apply only to them.
- Say whether you are a first-time buyer, and read the total after any refund and rebate.
The bands
Both taxes are charged in slices, like income tax. Each part of the price is taxed at its band’s rate.
Ontario 0.5% to $55,000 · 1% to $250,000 · 1.5% to $400,000 · 2% above 2.5% above $2,000,000 (one or two single-family homes)Toronto the same to $2,000,000, then for single-family homes 2.5% to $3m · 4.4% to $4m · 5.45% to $5m · 6.5% to $10m 7.55% to $20m · 8.6% aboveToronto’s luxury rates rose on 1 April 2026. Purchases that closed earlier paid lower rates above $3 million.
With your numbers
- Each rate applies only to the part of the price in its band
- In Toronto the city charges its own tax on top, on the same bands up to $2 million
Quick reference
Non-residents may also owe Ontario’s non-resident speculation tax and Toronto’s own, which this page leaves out.
| Example | Land transfer tax to pay |
|---|---|
| $1,000,000 in Toronto | CA$32,950.00 |
| $1,000,000 in Toronto, first-time buyer | CA$24,475.00 |
| $400,000 outside Toronto | CA$4,475.00 |
| $750,000 in Ottawa | CA$11,475.00 |
| $3,500,000 in Toronto | CA$157,450.00 |
| $600,000 in Toronto, first-time buyer | CA$8,475.00 |
Where the numbers come from
The fixed figures this calculator relies on, and the published source each one was checked against. How the calculators are built and checked
4 sources
Ontario, Land transfer tax: calculating land transfer tax, https://www.ontario.ca/document/land-transfer-tax/calculating-land-transfer-tax
Used for
- Ontario land transfer tax band threshold.
- Ontario land transfer tax rate.
Ontario, Land transfer tax refunds for first-time homebuyers, https://www.ontario.ca/document/land-transfer-tax/land-transfer-tax-refunds-first-time-homebuyers: "the maximum amount of the refund is $4,000"
Used for
- Ontario first-time homebuyer land transfer tax refund, maximum.
City of Toronto, Municipal Land Transfer Tax rates and fees (from 1 April 2026), https://www.toronto.ca/services-payments/property-taxes-utilities/municipal-land-transfer-tax-mltt/municipal-land-transfer-tax-mltt-rates-and-fees/
Used for
- Toronto MLTT luxury band threshold, single-family residences.
- Toronto MLTT luxury band rate from 1 April 2026.
City of Toronto, MLTT rebate opportunities, https://www.toronto.ca/services-payments/property-taxes-utilities/municipal-land-transfer-tax-mltt/municipal-land-transfer-tax-mltt-rebate-opportunities/: "up to $4,475.00"
Used for
- Toronto first-time buyer MLTT rebate, maximum.
Common questions about the Ontario Land Transfer Tax Calculator
- How is Ontario land transfer tax calculated?
- 0.5% on the first $55,000, 1% up to $250,000, 1.5% up to $400,000 and 2% above, with 2.5% above $2 million for one or two single-family homes. On a $400,000 home that comes to $4,475.
- How much is Toronto's municipal land transfer tax?
- The same as Ontario's up to $2 million. Above that, from 1 April 2026, single-family homes pay 2.5% to $3 million, then 4.4% to $4 million, 5.45% to $5 million, 6.5% to $10 million, 7.55% to $20 million and 8.6% above. Buying in Toronto roughly doubles the tax.
- What do first-time buyers get back?
- A refund of Ontario land transfer tax up to $4,000, which covers the whole tax on a home up to $368,000. In Toronto, a rebate of the municipal tax up to $4,475. Together that is up to $8,475 off.
- When is it paid?
- On closing, by your lawyer, when the transfer is registered. The first-time buyer refund and rebate are usually claimed at the same time.