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Ontario & Toronto land transfer tax calculator

In Ontario, land transfer tax is usually the largest closing cost. Toronto buyers pay it twice — to the province and to the city — and first-time buyers can get part of both back.

Enter your numbers to see the result.

How this tool works

  • Ontario rates: 0.5% to $55,000; 1% to $250,000; 1.5% to $400,000; 2% to $2 million; 2.5% above $2 million (one- or two-unit homes).
  • Toronto rates match Ontario's to $2 million, then 2.5% to $3 million, and graduated luxury rates from 4.40% (over $3 million) to 8.60% (over $20 million), in effect since April 1, 2026.
  • First-time buyer refunds: up to $4,000 (Ontario) and up to $4,475 (Toronto).
  • Not included: the Non-Resident Speculation Tax, partial refunds when a spouse has owned a home, and multi-unit or commercial property.

Rules checked 2026-10-23. Estimates only, not an offer or advice; a licensed broker confirms the numbers and every mortgage is subject to lender approval. Everything is calculated in your browser. The amounts you type are never sent to us.

Questions about the land transfer tax tool

Who qualifies as a first-time home buyer?

Broadly, you are at least 18, a Canadian citizen or permanent resident, and will live in the home within nine months. Neither you nor your spouse has owned a home or an interest in one anywhere in the world. Your lawyer confirms eligibility at closing.

When do I pay land transfer tax?

On closing day. Your real-estate lawyer collects it from you with the other closing funds and pays it when the transfer is registered. It cannot be added to the mortgage.

Do I pay Toronto's tax if I buy in Mississauga or Vaughan?

No. Only properties in the City of Toronto pay the municipal land transfer tax; elsewhere in Ontario you pay the provincial tax only.

More tools: Mortgage payment · Affordability · Default insurance (CMHC) premium · Stress test · Closing costs

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