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Land Transfer Tax Calculator
Calculate provincial and municipal land transfer taxes for any Canadian province. Includes first-time homebuyer rebates and Toronto's municipal tax.
Land Transfer Tax Calculator
Provincial Tax
$8,475
Municipal Tax
$8,475
Total Tax Before Rebate
$16,950
Rebate
-$0
Total Land Transfer Tax Due
$16,950
Rate Structure: Ontario: 0.5% on first $55K, 1% on $55K-$250K, 1.5% on $250K-$400K, 2% on $400K-$2M, 2.5% above $2M
Ontario Rebate: First-time buyers receive up to $4,000 rebate on provincial tax.
Disclaimer: This calculator provides estimates. Consult a lawyer or notary for exact amounts.
What is Land Transfer Tax?
Land Transfer Tax (LTT) is a provincial tax paid when you purchase property in Canada. In some municipalities (like Toronto), you may also pay a municipal land transfer tax. This tax is typically one of the largest closing costs when buying a home.
The amount you pay depends on the purchase price of the property and the province where it's located. Each province has its own tax rates and calculation method.
💡 First-time homebuyers may be eligible for rebates of up to $8,475 in Ontario (including Toronto's municipal rebate).
Provincial Land Transfer Tax Rates
Ontario
- 0.5% on the first $55,000
- 1.0% on $55,000 to $250,000
- 1.5% on $250,000 to $400,000
- 2.0% on $400,000 to $2,000,000
- 2.5% on amounts over $2,000,000
British Columbia
- 1.0% on the first $200,000
- 2.0% on $200,000 to $2,000,000
- 3.0% on $2,000,000 to $3,000,000
- 5.0% on amounts over $3,000,000
Alberta
No land transfer tax! Only a small registration fee based on property value.
Quebec (Montreal)
- 0.5% on the first $50,000
- 1.0% on $50,000 to $250,000
- 1.5% on amounts over $250,000
First-Time Homebuyer Rebates
Many provinces offer rebates to first-time homebuyers to help with the cost of land transfer tax. Eligibility requirements vary by province.
Ontario
Maximum Rebate: $4,000
Full rebate on homes up to $368,333
Toronto Municipal
Maximum Rebate: $4,475
Combined with Ontario: up to $8,475 total
British Columbia
Maximum Rebate: $8,000
Full rebate on homes up to $500,000
Prince Edward Island
Maximum Rebate: $2,000
Full rebate on homes up to $200,000
General Eligibility Requirements:
- Must be a Canadian citizen or permanent resident
- Must be at least 18 years old
- Must occupy the home as your principal residence within 9 months
- Cannot have owned a home anywhere in the world previously
- Spouse cannot have owned a home while being your spouse
Frequently Asked Questions
When do I pay land transfer tax?
Land transfer tax is paid on closing day when the property title is transferred to your name. Your lawyer will handle the payment as part of the closing process.
Can I add land transfer tax to my mortgage?
No, land transfer tax cannot be added to your mortgage. It must be paid upfront as part of your closing costs. Make sure to budget for this expense when saving for your down payment.
Do I pay land transfer tax when refinancing?
Generally, no. Land transfer tax is only paid when the property ownership changes. Refinancing with the same owner typically doesn't trigger land transfer tax.
Related Tools
Buying in Toronto?
Toronto buyers pay both provincial AND municipal land transfer tax. Make sure to factor both into your closing costs.
Example on $800,000 home:
- Ontario LTT: $12,475
- Toronto LTT: $12,475
- First-time rebate: -$8,475
- Total: $16,475