Ontario land transfer tax — and, if you're buying in the City of Toronto, a second municipal tax on top — catches a lot of buyers off guard. Estimate both, plus any first-time buyer rebate, before you make an offer.
Enter your purchase price and answer two quick questions.
Land transfer tax is charged by the province on every property purchase in Ontario, calculated on a marginal bracket system — similar to income tax — where higher portions of the price are taxed at higher rates. It's due on closing, paid through your lawyer, and it's separate from your down payment.
If the property is in the City of Toronto, you pay a second, municipal land transfer tax on top of the provincial one — roughly doubling the total land transfer tax bill compared to buying the identical home just outside city limits. Toronto's bracket structure mirrors the province's up to $2,000,000; above that, Toronto applies additional higher brackets that this calculator does not model — confirm the exact figure with your lawyer for high-value Toronto purchases.
First-time buyers get a rebate on both taxes — up to $4,000 off the Ontario tax and, in Toronto, up to an additional $4,475 off the municipal tax — which can eliminate the tax entirely on lower-priced first homes.
These figures are estimates for illustration only, based on published marginal bracket rates. Land transfer tax rules, rebates and Toronto's above-$2M brackets can change — always confirm your exact amount with a real estate lawyer before closing.
Send your purchase price and location and we'll connect you with a real estate lawyer in Amir's network for an exact land transfer tax figure — before you write your offer.