Land Transfer Tax Calculator Canada

Calculate the land transfer tax (or property transfer tax) you'll pay when buying a home. Rates vary by province, with special rebates for first-time buyers.

Parameters

Toronto has an additional Municipal Land Transfer Tax

Rebate up to $4,000 on provincial LTT

LAND TRANSFER TAX

Total Land Transfer Tax

$6,475

Ontario • $500,000 property

Provincial LTT
$6,475
Paid to Ontario at closing
Ontario Land Transfer Tax
$0 - $55,0000.5%
$275
$55,000 - $250,0001.0%
$1,950
$250,000 - $400,0001.5%
$2,250
$400,000 - $2,000,0002.0%
$2,000
Subtotal$6,475
Other Closing Costs (Estimated)
Legal Fees$1,500
Title Insurance$300
Home Inspection$500
Appraisal$350
Total Estimate$2,650
Total Cash Needed at Closing
Land Transfer Tax$6,475
Other Closing Costs$2,650
Total (excl. down payment)$9,125

Add this to your down payment to know total cash required

Ready to calculate your mortgage?

Use our payment calculator to see your monthly costs, or check how much home you can afford.

What is Land Transfer Tax? Land Transfer Tax (or Property Transfer Tax in BC) is a one-time tax paid when you purchase real estate. It's calculated as a percentage of the purchase price, with rates varying by province.

First-Time Buyer Programs: Most provinces offer rebates or exemptions for first-time home buyers. In Ontario, you can save up to $4,000, and in BC, properties under $500,000 may be fully exempt.

Toronto Alert: If you're buying in Toronto, be aware that you'll pay both provincial and municipal land transfer tax — effectively doubling your LTT costs.