Land transfer tax calculator.
Ontario and Toronto land transfer tax, including the first-time buyer rebates, in seconds. Two of the largest closing costs, worked out before you commit.
Ontario & Toronto land transfer tax
When you buy a home in Ontario, you pay a one-time provincial land transfer tax on closing, calculated on a sliding scale. If the property is within the City of Toronto, an additional municipal land transfer tax applies on top — which roughly doubles the cost compared with buying elsewhere in the GTA.
First-time home buyers may qualify for a rebate of up to $4,000 on the Ontario tax and up to $4,475 on the Toronto municipal tax. This calculator is an estimate for planning purposes — your lawyer will confirm the exact amount on closing.
Land Transfer Tax Calculator FAQ
What is land transfer tax in Ontario?
Ontario land transfer tax is a one-time tax paid when you purchase a property, calculated on a sliding scale based on the purchase price. It is due on closing and is separate from your down payment and other closing costs.
Do I pay extra land transfer tax in Toronto?
Yes. Homes within the City of Toronto are subject to an additional Municipal Land Transfer Tax on top of the provincial tax, which roughly doubles the land transfer tax compared with buying elsewhere in Ontario.
What is the first-time home buyer land transfer tax rebate?
Eligible first-time buyers can receive a rebate of up to $4,000 on the Ontario land transfer tax, and up to an additional $4,475 on the Toronto municipal tax, reducing or eliminating the tax on lower-priced homes.
When is land transfer tax due?
Land transfer tax is payable on the closing date of your purchase and is typically handled by your real estate lawyer as part of closing, alongside legal fees and other closing costs.
What is it worth today?
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These tools give an automated estimate, not a formal appraisal. For a precise, comparable-backed opinion of value, ask for a full CMA — it is free and there is no obligation.
Want these numbers run for a specific property?
Send me the address or the price range and I will put together the full cost picture — land transfer tax, closing costs and the rebates you qualify for — on one page.
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Each office independently owned and operated. Not intended to solicit buyers, sellers or tenants currently under contract or agreement with another brokerage.