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Estimated land transfer tax
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| Item | Amount |
|---|
This is an estimate. It uses the rates and rules available as of September 2026. The actual tax payable is determined when the purchase is registered. Showing a refund or rebate doesn't mean you qualify.
What land transfer tax is and when it's paid
Land transfer tax is paid by the person acquiring the property: in a home purchase, the buyer. It is paid to the province when the purchase closes and is based on the value of the purchase. Your buyer's lawyer includes the applicable land transfer tax in the closing calculations.
Source: Government of Ontario (opens in a new tab), Land transfer tax (January 2, 2026)
What this calculator covers
It's for ordinary home purchases: land that contains one or two single-family residences, such as a house or a condominium unit. Ontario's rules decide what counts as a single-family residence, and some purchases are treated differently, including farm property, land with more than two residences, and land used partly for other purposes. If your purchase falls outside this scope, the calculation may be different. Ontario's rules (opens in a new tab) explain how these situations are treated.
It doesn't include taxes on purchases by foreign buyers: Ontario's Non-Resident Speculation Tax (opens in a new tab) and Toronto's Municipal Non-Resident Speculation Tax (opens in a new tab). It also doesn't cover transfers between family members, spouses, estates or corporations; situations where the value for tax differs from the price, such as an assumed mortgage or some new-home purchases; fees; or other buying costs.
Sources: Government of Ontario (e-Laws) (opens in a new tab), Land Transfer Tax Act, R.S.O. 1990, c. L.6 (April 24, 2026); Government of Ontario (opens in a new tab), Calculating land transfer tax (April 22, 2026)
Ontario land transfer tax rates
Each rate applies only to the part of the price within its bracket. These rates apply to land containing one or two single-family residences, for purchases registered on or after January 1, 2017.
| Part of the price | Rate |
|---|---|
| Up to and including $55,000 | 0.5% |
| Over $55,000 up to and including $250,000 | 1.0% |
| Over $250,000 up to and including $400,000 | 1.5% |
| Over $400,000 up to and including $2,000,000 | 2.0% |
| Over $2,000,000 | 2.5% |
Ontario's own example, for a price of $400,000: $55,000 × 0.5% = $275, plus $195,000 × 1.0% = $1,950, plus $150,000 × 1.5% = $2,250, for a total of $4,475.
Sources: Government of Ontario (opens in a new tab), Calculating land transfer tax (April 22, 2026); Government of Ontario (e-Laws) (opens in a new tab), Land Transfer Tax Act, R.S.O. 1990, c. L.6 (April 24, 2026)
City of Toronto municipal land transfer tax rates
In the City of Toronto, the municipal tax is added to the Ontario tax. These rates apply to land containing one or two single-family residences, for purchases registered on or after April 1, 2026. Each rate applies only to the part of the price within its bracket.
| Part of the price | Rate |
|---|---|
| Up to and including $55,000 | 0.5% |
| Over $55,000 up to and including $250,000 | 1.0% |
| Over $250,000 up to and including $400,000 | 1.5% |
| Over $400,000 up to and including $2,000,000 | 2.0% |
| Over $2,000,000 up to and including $3,000,000 | 2.5% |
| Over $3,000,000 up to and including $4,000,000 | 4.4% |
| Over $4,000,000 up to and including $5,000,000 | 5.45% |
| Over $5,000,000 up to and including $10,000,000 | 6.5% |
| Over $10,000,000 up to and including $20,000,000 | 7.55% |
| Over $20,000,000 | 8.6% |
Sources: City of Toronto (opens in a new tab), Municipal Land Transfer Tax & Municipal Non-Resident Speculation Tax Rates & Fees (April 7, 2026); City of Toronto (opens in a new tab), By-law 132-2026, to amend Municipal Code Chapter 760, Municipal Land Transfer Tax (February 10, 2026)
Ontario first-time homebuyer refund
Eligible first-time homebuyers may qualify for a refund of all or part of Ontario land transfer tax, up to a maximum of $4,000. If the Ontario tax is $4,000 or less, the refund can cover all of it.
To qualify, a buyer must be at least 18, a Canadian citizen or permanent resident, and must never have owned a home or an interest in a home anywhere in the world. A spouse can't have owned one while they were spouses. The buyer must live in the home as their principal residence within nine months.
When not every buyer on title qualifies, the refund is reduced in proportion to the share acquired by the buyers who do. The refund is usually claimed when the purchase is registered; if it isn't, you can apply within 18 months.
Source: Government of Ontario (opens in a new tab), Land transfer tax refunds for first-time homebuyers
Toronto first-time home buyer rebate
In the City of Toronto, eligible first-time home buyers may qualify for a rebate of the municipal land transfer tax of up to $4,475. The requirements are similar to Ontario's refund, and the rebate is also reduced when not every buyer on title qualifies.
The rebate is usually claimed when the purchase is registered. If it isn't, you can apply to the City within 18 months; a processing fee applies to later applications.
Sources: City of Toronto (opens in a new tab), Municipal Land Transfer Tax & Municipal Non-Resident Speculation Tax Rebate Opportunities (December 18, 2025); City of Toronto (opens in a new tab), Toronto Municipal Code Chapter 760, Taxation, Municipal Land Transfer Tax (September 6, 2023)
How the tax is calculated
The calculator applies each rate to the part of the price within its bracket and adds the results. For a purchase in the City of Toronto, it does the same with Toronto's brackets and adds the two taxes together. If you choose to apply the first-time homebuyer refund or the first-time home buyer rebate, it subtracts them, up to their maximums and in proportion to the qualifying share you enter.
About this calculator
This calculator gives general information based on the Ontario and City of Toronto rates and rules available as of September 2026. It isn't legal or tax advice. The tax payable on your purchase is confirmed when it's registered, and some purchases are treated differently (see What this calculator covers). The first-time homebuyer refund and first-time home buyer rebate depend on official requirements decided by the Government of Ontario and the City of Toronto. Results are estimates and are shown to the nearest dollar.
Related
- What will buying really cost?Land transfer tax alongside the deposit, down payment, legal and closing costs.
- The buying processThe steps of a purchase, in order, from first questions to closing.