Ontario Land Transfer Tax Calculator 2026
Enter the purchase price of your home to see the Ontario Land Transfer Tax, the first-time buyer refund and, in Toronto, the Municipal Land Transfer Tax.
| Ontario Land Transfer Tax | $0.00 |
| First-time buyer refund (max $4,000) | $0.00 |
| Toronto Municipal Land Transfer Tax | $0.00 |
| Total to pay | $0.00 |
For a home with one or two single-family residences. Toronto also offers a first-time buyer rebate on its municipal tax, not included here: see toronto.ca.
Rates checked November 2026 on ontario.ca and toronto.ca
Ontario Land Transfer Tax rates
The tax is charged by bracket, like income tax: each rate applies only to the part of the price inside its bracket.
| Part of the purchase price | Rate |
|---|---|
| Up to $55,000 | 0.5% |
| $55,000 to $250,000 | 1.0% |
| $250,000 to $400,000 | 1.5% |
| $400,000 to $2,000,000 | 2.0% |
| Over $2,000,000 | 2.5% |
The 2.5% rate over $2 million applies to land with one or two single-family residences. For other land, the rate stays at 2.0% above $400,000. Source: Government of Ontario.
Example: a $700,000 home
Ontario tax, step by step
- $55,000 × 0.5% = $275
- $195,000 × 1.0% = $1,950
- $150,000 × 1.5% = $2,250
- $300,000 × 2.0% = $6,000
Total Ontario Land Transfer Tax: $10,475
With the refunds and Toronto
| Ontario tax | $10,475 |
| First-time buyer: Ontario refund | -$4,000 |
| First-time buyer, outside Toronto | $6,475 |
| Toronto: municipal tax added | +$10,475 |
| Toronto, not a first-time buyer | $20,950 |
First-time home buyer refund
First-time buyers can get back up to $4,000 of the Ontario Land Transfer Tax, which covers the full tax on a home up to $368,333.
Who qualifies
You must be at least 18, never have owned a home or an interest in a home anywhere in the world, and be a Canadian citizen or permanent resident. Your spouse must not have owned a home while being your spouse.
Conditions
You must live in the home as your main residence within 9 months of the purchase, and apply within 18 months of registration. Source: Government of Ontario.
Toronto Municipal Land Transfer Tax
In the City of Toronto, buyers pay a municipal tax on top of the Ontario tax. Up to $2 million it uses the same brackets, so it doubles the bill; higher rates apply above $3 million since April 1, 2026.
| Part of the purchase price | Toronto rate |
|---|---|
| Up to $55,000 | 0.5% |
| $55,000 to $250,000 | 1.0% |
| $250,000 to $400,000 | 1.5% |
| $400,000 to $2,000,000 | 2.0% |
| $2,000,000 to $3,000,000 | 2.5% |
| $3,000,000 to $4,000,000 | 4.40% |
| $4,000,000 to $5,000,000 | 5.45% |
| $5,000,000 to $10,000,000 | 6.50% |
| $10,000,000 to $20,000,000 | 7.55% |
| Over $20,000,000 | 8.60% |
Rates for one or two single-family residences. Source: City of Toronto.
Land Transfer Tax questions
How is Land Transfer Tax calculated in Ontario?
It is charged by bracket on the purchase price: 0.5% up to $55,000, 1% up to $250,000, 1.5% up to $400,000, 2% up to $2 million and 2.5% above, for a home with one or two single-family residences.
How much is the Land Transfer Tax on a $500,000 home?
The Ontario Land Transfer Tax on $500,000 is $6,475. A first-time buyer gets up to $4,000 back, so pays $2,475.
Do first-time buyers pay Land Transfer Tax in Ontario?
Yes, but they can get a refund of up to $4,000. On a home up to $368,333, the refund covers the whole Ontario tax.
Why is Land Transfer Tax higher in Toronto?
The City of Toronto charges its own Municipal Land Transfer Tax on top of the Ontario tax. Up to $2 million it uses the same rates, so buyers pay about twice as much.
Need the HST on a purchase?
Add or remove the 13% HST, with tip, discount and bill split.
Comparing provinces? See the GST, HST and PST rates for every province and territory.