Ontario Land Transfer Tax Calculator
Ontario's Land Transfer Tax (LTT) is charged on a progressive scale from 0.5% to 2.5% of the property's value, paid by the buyer when a property changes hands.
Rates effective from January 1, 2024Official source: ontario.caPage updated July 2, 2026
Enter a property value to see your estimated tax.
Current Ontario Land Transfer Tax rates
Ontario Land Transfer Tax (Ontario) — applies to: home mover, residential. Each rate applies only to the portion of the price that falls within its band, not to the whole price.
| Property value band | Rate |
|---|---|
| Up to $55,000 | 0.50% |
| $55,001 – $250,000 | 1.00% |
| $250,001 – $400,000 | 1.50% |
| $400,001 – $2,000,000 | 2.00% |
| Above $2,000,000 | 2.50% |
| Non-Resident Speculation TaxProvincewide Non-Resident Speculation Tax on residential purchases by foreign entities. | 25.00% of value |
Rates effective from January 1, 2024Official source: ontario.ca
Ontario Land Transfer Tax: worked examples
What you would pay at common purchase prices (home mover, residential), calculated with the same engine as the calculator above.
| Purchase price | Total tax | Effective rate |
|---|---|---|
| $500,000 | $6,475 | 1.30% |
| $800,000 | $12,475 | 1.56% |
| $1,200,000 | $20,475 | 1.71% |
Step by step: Ontario Land Transfer Tax on a $800,000 property
- 0.50% on $55,000 (up to $55,000)$275
- 1.00% on $195,000 ($55,001 – $250,000)$1,950
- 1.50% on $150,000 ($250,001 – $400,000)$2,250
- 2.00% on $400,000 ($400,001 – $2,000,000)$8,000
- Total$12,475
How it works
First-time homebuyers can claim a rebate of up to $4,000, which effectively eliminates the tax on homes priced up to roughly $368,000 and reduces it on higher-priced homes. Buyers in the City of Toronto also pay a separate, near-identical municipal LTT on top of the provincial tax.
Calculation methodology
This calculator applies Ontario's provincial LTT bands to the purchase price and, for first-time buyers, deducts the maximum $4,000 rebate. It does not include the additional City of Toronto municipal LTT.
Exemptions & reliefs
Non-resident foreign buyers in Ontario are also subject to the province-wide 25% Non-Resident Speculation Tax.
Recent rule changes
Rates and the first-time buyer rebate reflect the schedule in effect from January 2024.
Glossary
LTT: Land Transfer Tax. NRST: Non-Resident Speculation Tax, an additional 25% charged to foreign entities buying residential property in Ontario.