Ontario Land Transfer Tax Calculator

How does this tool calculate Ontario land transfer tax?

This tool uses a marginal schedule labelled 2026: 0.5% on the first $55,000, 1% from $55,000 to $250,000, 1.5% from $250,000 to $400,000, 2% from $400,000 to $2,000,000, and 2.5% above $2,000,000 for land with one or two single-family residences (other property stays at 2% above $2,000,000). Each slice is taxed at its own rate and the total is rounded to whole dollars. A $700,000 purchase comes to $10,475 and a $750,000 purchase to $11,475.

How is the Toronto municipal tax handled?

When you select a Toronto purchase, the tool adds a municipal tax that matches the provincial slices up to $3,000,000, so a $700,000 home shows $10,475 provincial plus $10,475 municipal, for $20,950. For one or two single-family residences above $3,000,000 the municipal tax uses the Toronto high-value tiers built into the tool: 4.4% from $3 million to $4 million, 5.45% to $5 million, 6.5% to $10 million, 7.55% to $20 million and 8.6% above $20 million. Toronto introduced such tiers on 1 January 2024 at 3.5%, 4.5%, 5.5%, 6.5% and 7.5%, and City Council raised them from 1 April 2026. Other property types stay on the ordinary slices. Rates change with city decisions, so confirm the current schedule with your lawyer.

How do the first-time buyer rebates work here?

The figures built into this tool refund up to $4,000 of the provincial tax and, in Toronto, up to $4,475 of the municipal tax, never more than the tax itself. A $300,000 first-time purchase shows $2,975 of tax fully refunded, so $0 is payable. At $600,000 in Toronto both rebates are used in full, and $8,475 is still payable. The tool does not check eligibility, so selecting "Yes" assumes you qualify.

Does the tool distinguish property types or ownership shares?

Only in one way: the property type choice decides whether the 2.5% provincial rate above $2,000,000 and the Toronto tiers above $3,000,000 apply (one or two single-family residences) or whether the property stays at 2%. How a given condo, multi-unit or mixed-use property is classified is for your lawyer to confirm. Each purchase is one buyer paying on the full price, and the tool does not model partial rebates when a co-buyer is not a first-time buyer, or any special treatment of transfers between family members.

Does the Toronto option apply in Mississauga, Ottawa or other cities?

No. The Toronto option adds a second tax only for the City of Toronto, which is how the tool is built. Choosing "No" gives the provincial tax alone, which is what the tool shows for any other Ontario location. Whether another municipality charges anything extra is not modelled.

What is not included in the total?

Legal fees, title insurance, registration, HST or GST on new homes, adjustments for prepaid property tax and utilities, and mortgage-related costs are all outside the tool. It also shows only the tax and rebate amounts, not the timing of when a lawyer collects them. Tables like these change with provincial and municipal budgets and the tool does not update itself, so your lawyer or the province confirms the actual amount.

What happens with blank, zero or negative prices?

A cleared price box counts as $0, so every row shows $0. The rebate can never exceed the tax, so a very low price shows a rebate equal to the tax rather than $4,000.