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.

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.

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.

Non-resident foreign buyers in Ontario are also subject to the province-wide 25% Non-Resident Speculation Tax.

Rates and the first-time buyer rebate reflect the schedule in effect from January 2024.

LTT: Land Transfer Tax. NRST: Non-Resident Speculation Tax, an additional 25% charged to foreign entities buying residential property in Ontario.