Land transfer tax calculator

Ontario and Toronto land transfer tax, broken down bracket by bracket, with first-time buyer rebates applied. Enter a price and see exactly what you’ll owe on closing.

Purchase price

Enter the agreed purchase price (the “value of the consideration”).

Where is the property?

City of Toronto Elsewhere in Ontario

I am (we all are) first-time home buyers

Applies to property containing one or two single-family residences — houses, condos and townhomes. Other property types use different Toronto brackets above $400,000. Estimate only; your lawyer confirms the final amount on closing.

Total land transfer tax$0

Buying in Toronto? The municipal tax alone on a $900,000 home is $14,475 — and it’s $0 in Brampton or Mississauga. I help buyers weigh that against commute, price and lifestyle. Let’s talk about your budget.

Disclaimer

Calculations are based on the information provided and are for illustrative and general information only. Land transfer tax rates and first-time buyer rebates are those in effect on the date shown and may change. Results should not be considered specific financial, tax or legal advice. The actual land transfer tax payable is determined by your lawyer on closing and may vary.

Reference

2026 land transfer tax rates

Both taxes are marginal: each rate applies only to the portion of the price inside its bracket.

Ontario land transfer tax

Portion of purchase price	Rate
Up to $55,000	0.5%
$55,000.01 to $250,000	1.0%
$250,000.01 to $400,000	1.5%
$400,000.01 to $2,000,000	2.0%
Over $2,000,000 (one or two single-family residences)	2.5%

First-time buyer refund: up to $4,000 (covers the full tax on a home up to $368,000).

Toronto municipal land transfer tax

Portion of purchase price	Rate
Up to $55,000	0.5%
$55,000.01 to $250,000	1.0%
$250,000.01 to $400,000	1.5%
$400,000.01 to $2,000,000	2.0%
$2,000,000.01 to $3,000,000	2.5%
$3,000,000.01 to $4,000,000 Apr 2026	4.40%
$4,000,000.01 to $5,000,000 Apr 2026	5.45%
$5,000,000.01 to $10,000,000 Apr 2026	6.50%
$10,000,000.01 to $20,000,000 Apr 2026	7.55%
Over $20,000,000 Apr 2026	8.60%

First-time buyer rebate: up to $4,475 (covers the full tax on a home up to $400,000). The City also charges a $102.56 + HST administration fee on registration.

Sources: Ontario Ministry of Finance (Land Transfer Tax Act) and City of Toronto (Municipal Land Transfer Tax rates and fees), verified September 2026. Rates change; confirm with your lawyer before closing.

Questions

Land transfer tax FAQ

Who pays land transfer tax in Ontario?

The buyer. Land transfer tax is paid on closing when the transfer is registered, and your lawyer collects it as part of your closing funds. Sellers do not pay it.

Do I pay two land transfer taxes in Toronto?

Yes. Purchases inside the City of Toronto pay both the Ontario land transfer tax and the Toronto municipal land transfer tax. Homes in Brampton, Mississauga, Vaughan, Markham and the rest of the GTA pay only the provincial tax.

Who qualifies as a first-time buyer for the rebates?

Generally you must be at least 18, have never owned a home or an interest in a home anywhere in the world, your spouse must not have owned a home while they were your spouse, you must occupy the home as your principal residence within nine months of closing, and you must be a Canadian citizen or permanent resident (or become one within 18 months). Ontario refunds up to $4,000 and Toronto rebates up to $4,475.

What changed in Toronto’s land transfer tax in 2026?

Effective April 1, 2026, the City of Toronto raised its rates on the portion of the price above $3 million for properties with one or two single-family residences: 4.40% from $3–4 million, 5.45% from $4–5 million, 6.50% from $5–10 million, 7.55% from $10–20 million and 8.60% above $20 million. Rates up to $3 million did not change.

Want the full closing-cost picture?

Land transfer tax is one line. Legal fees, title insurance, adjustments, HST on new homes and moving costs are the rest. I’ll put the whole budget on one page for you.

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