Dan Wood, sales representative with Keller Williams Energy Real Estate Brokerage. Whitby, Ontario, Canada.
Land Transfer Tax Calculator
Use the form below to calculate the amount of land transfer tax you will have to pay. Land transfer tax is applied on the sale price only.
Ontario Land Transfer Tax Explained
Ontario Land Transfer Tax
0.5% - on the first $55,000
1.0% - on portion between $55,000 - $250,000
1.5% - on balance over $250,000
2.0% - on anything over $400,000 Qualifying first time buyers receive up to a $2000 credit
Toronto Land Transfer Tax
0.5% - on the first $55,000
1.0% - on portion between $55,000 - $400,000
2.0% - on anything over $400,000 First time buyers are exempt on the first $400,000
