How much is land transfer tax in Ontario?

Ontario's land transfer tax is calculated on a sliding scale: 0.5% on the first $55,000, 1% on $55,001 to $250,000, 1.5% on $250,001 to $400,000, 2% on $400,001 to $2,000,000, and 2.5% on any amount above $2 million. On a $900,000 home, the provincial LTT is approximately $14,475.

Does Toronto have an extra land transfer tax?

Yes. Buyers of homes inside the City of Toronto pay a Municipal Land Transfer Tax (MLTT) on top of Ontario's provincial LTT. The MLTT follows a similar bracket structure, roughly doubling total land transfer tax for Toronto buyers. On a $900,000 Toronto home, total LTT (provincial plus municipal) is approximately $28,950 before first-time buyer rebates.

How much is the first-time home buyer rebate in Ontario?

First-time buyers can claim up to $4,000 back on Ontario's provincial land transfer tax. In the City of Toronto, first-time buyers can claim an additional rebate of up to $4,475 on the municipal LTT. Combined, qualifying Toronto first-time buyers can recover up to $8,475 in land transfer taxes.

When is land transfer tax paid in Ontario?

Land transfer tax is paid at closing. Your real estate lawyer calculates the exact amount, collects it as part of your closing funds, and remits it directly to the Province of Ontario (and to the City of Toronto for Toronto properties).

Do both partners have to qualify as first-time buyers to get the full LTT rebate?

Yes. For the Ontario and Toronto first-time home buyer rebates, both you and your spouse or common-law partner must qualify as first-time buyers to claim the full rebate. If one partner has owned a home previously, the rebate is reduced proportionally to your ownership share, typically 50%.

Ontario Land Transfer Tax Calculator 2026 | Toronto MLTT + First-Time Buyer Rebates | Deeded

deeded.ca

Free Calculator · 2026 Rates

Ontario Land Transfer Tax Calculator

Instantly see what you'll owe in provincial and Toronto municipal LTT, plus any first-time buyer rebates you qualify for.

Heads up. This calculator provides rough estimates based on publicly available 2026 rates. It's not legal, tax, or financial advice. Your real estate lawyer calculates and applies the final amounts on your Statement of Adjustments at closing. Read the full terms.

Calculate your land transfer tax

Enter your purchase price and a few quick details.

Purchase price

Enter the agreed purchase price of the home.

Is the home in the City of Toronto?

Toronto charges a second municipal land transfer tax on top of the provincial one.

Are you a first-time home buyer?

To get the full rebate, both you and your spouse/partner (if applicable) must qualify as first-time buyers.

Your ownership share

Total land transfer tax you'll pay at closing

Estimated. Your lawyer calculates the exact amount at closing.

Ready to close with confidence?

Deeded gives you an upfront, itemized closing quote in minutes, with every rebate applied automatically.

Get a closing quote

Important: Read before relying on these results.

1. Informational purposes only.

The Ontario Land Transfer Tax Calculator (the "Tool") is provided by Deeded for general educational and informational purposes only. It does not provide legal, tax, accounting, financial, or investment advice.

2. No professional relationship.

Use of the Tool does not create a lawyer-client, advisor-client, or any other professional relationship between you and Deeded or any of its affiliates, employees, or contractors.

3. Estimates only.

All calculations are rough, illustrative estimates based on the information you provide and publicly available rates as of April 14, 2026. The Ontario and Toronto municipal land transfer tax rates, brackets, and first-time home buyer rebates can change at any time. Final tax amounts are calculated by your real estate lawyer at closing and remitted to the relevant government authority.

4. Eligibility is individual.

Whether you qualify as a first-time home buyer under provincial or municipal rules depends on your full personal situation, including prior ownership in any jurisdiction, your spouse or common-law partner's prior ownership, residency, immigration status, and how title is taken. Using this Tool does not establish your eligibility.

5. No warranty.

The Tool is provided on an "as is" and "as available" basis, without warranties of any kind, express or implied.

6. Limitation of liability.

To the maximum extent permitted by law, Deeded, its affiliates, officers, directors, employees, and contractors shall not be liable for any direct, indirect, incidental, consequential, special, exemplary, or punitive damages, or for any loss of profits, revenue, data, or opportunity, arising out of or in connection with your use of the Tool or any decision made in reliance on the Tool's outputs.

7. Consult qualified professionals.

Before taking any action, consult a qualified real estate lawyer, accountant, tax advisor, or financial advisor licensed in Ontario.

8. Governing law.

Your use of the Tool is governed by the laws of the Province of Ontario and the federal laws of Canada applicable therein.

By using the Tool, you acknowledge that you have read, understood, and agreed to the above. Last updated April 14, 2026.