Land transfer tax: Ontario and Toronto
Ontario charges land transfer tax on every purchase; Toronto adds its own municipal tax on top. First-time buyers can get part or all of it back.
Assumptions
- Ontario: 0.5% to $55,000; 1% to $250,000; 1.5% to $400,000; 2% above; plus 0.5% above $2 million for 1–2 single-family residences. First-time refund up to $4,000.
- Toronto MLTT (single-family, from April 1, 2026): same bands to $2M, 2.5% to $3M, 4.40% to $4M, 5.45% to $5M, 6.50% to $10M, 7.55% to $20M, 8.60% above. First-time rebate up to $4,475.
- Excludes non-resident speculation taxes and Toronto's administration fee.
General information, not financial advice. This calculator gives rough estimates from simplified assumptions. It does not know your full situation. Check with a qualified professional and the official sources before making decisions.
Sources
- Ontario: Land Transfer Tax Act, s. 2 rates
- Ontario: Land transfer tax refunds for first-time homebuyers ($4,000)
- City of Toronto: MLTT rates (from April 1, 2026)
- City of Toronto: MLTT first-time buyer rebate ($4,475)
Figures checked October 16, 2026. Rules and limits change; confirm with the source before acting.