Ontario Land Transfer Tax Calculator
Accurately calculate your 2026/2027 closing cash requirements for single-family homes, townhomes, and condos across Halton, Peel, and the GTA.
Property Purchase Details
Receive up to $4,000 provincial (+ $4,475 Toronto) in government rebates.
Payable in cash on closing date through your real estate lawyer.
By purchasing in Milton, Burlington, or Georgetown instead of Toronto, you save $11,000 in cash on closing!
2026/2027 Ontario Land Transfer Tax Marginal Rates
Ontario uses a progressive marginal tax bracket system. Tax is only paid on the portion of value that falls within each tier.
| Price Bracket | Ontario Provincial Rate | Toronto Municipal Rate (MLTT) |
|---|---|---|
| First $55,000 | 0.5% | 0.5% |
| $55,001 to $250,000 | 1.0% | 1.0% |
| $250,001 to $400,000 | 1.5% | 1.5% |
| $400,001 to $2,000,000 | 2.0% | 2.0% |
| Over $2,000,000 | 2.5% | 2.5% |
Ontario First-Time Buyer Eligibility
- Must be at least 18 years old.
- Must occupy the home as your principal residence within 9 months.
- Cannot have owned an eligible home anywhere in the world.
- Spouse cannot have owned a home while married to you.
- Maximum provincial rebate is $4,000 (covers 100% of tax up to $368,000).
Frequently Asked Questions
Can LTT be rolled into my mortgage?
No. In Ontario, land transfer taxes are considered closing costs and must be paid in liquid cash on the closing date.
When do I pay the tax?
Your real estate closing lawyer remits the payment electronically through Teraview when the title deed transfers.
Have questions about buying or selling in Halton & GTA West?
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