Use the form below to calculate the amount of land transfer tax you will have to pay. Land transfer tax is applied on the sale price only.
Ontario Land Transfer Tax Explained
Ontario Land Transfer Tax
0.5% - on the first $55,000
1.0% - on portion between $55,000 - $250,000
1.5% - on balance over $250,000
2.0% - on anything over $400,000 Qualifying first time buyers receive a $2000 credit
Toronto Land Transfer Tax
0.5% - on the first $55,000
1.0% - on portion between $55,000 - $400,000
2.0% - on anything over $400,000 First time buyers are exempt on the first $400,000
This web site is courtesy of Sonia Sinclair & Bill Morrison, Sales Representatives ~ sutton group-heritage realty inc., brokerage
Phone: 905-831-9500 Fax: 905-831-7070
1755 Pickering Pkwy, Unit 10 Pickering ON L1V 6K5