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Ontario Land Transfer Tax Calculations

Ontario Land Transfer Tax Calculations

Buying or Selling a home in Ontario? This page is a quick guide and land transfer tax calculator for real estate consumers.

If you purchase land or an interest in land in Ontario you are required to pay the Provincial Land Transfer Tax (PLTT). If you have purchased this land or an interest in land located in Toronto, you are required to pay the Municipal Land Transfer Tax (MLTT) in addition to the PLTT.

Toronto

Municipal Land Transfer Tax (MLTT)

Up to and including $55,000.00 X 0.5% of total property value
From $55,000.01 to $400,000.00 X 1% of total property value
Over $400,000.00 X 2% of total property value

Ontario

Provincial Land Transfer Tax (PLTT)

Up to $55,000 X 0.5% of total property value
From $55,000 to $250,000 X 1% of total property value
From $250,000 to $400,000 X 1.5% of total property value
From $400,000 up X 2% of total property value
The City of Toronto levies an additional LTT on Toronto real estate in addition to the provincial rate.

Land Transfer Tax Rebates: First Time Home Buyers

If you are a first time home buyer, you are eligible for both the Municipal and Provincial Land Transfer Tax Rebates

  • Municipal Land Transfer Tax (MLTT): Maximum $3725
  • Provincial Land Transfer Tax (PLTT): Maximum $2000
| Land Transfer Tax Calculator |


Land Transfer Tax Calculator


Calculate Land Transfer Tax (Residential)

Enter the purchase price: $ 
(no commas or decimals)

Provincial Land Transfer Tax (PLTT) Amount $

Toronto Land Transfer Tax (TLTT) Amount $

Total Land Transfer Tax (PLTT + TLTT) Amount $


(Applies to all Ontario properties including Toronto)


(Applies to Toronto properties only)

(Applies to Toronto properties only)
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