# Toronto Land Transfer Tax on a $750,000 Home > Provincial plus municipal land transfer tax on a $750,000 Toronto purchase without the first-time rebate. Price-specific; not the generic city head term. Category: Calculator example · land-transfer-tax-calculator Last verified: 2026-09-12 Source: https://ratellow.com/mortgages/land-transfer-tax-calculator/examples/land-transfer-tax-750000-toronto Live calculator: https://ratellow.com/mortgages/land-transfer-tax-calculator?price=750000&tor=1 ## Worked result - Purchase price: $750,000 - Jurisdiction: Ontario, City of Toronto - Provincial tax: $11,475 - Municipal tax: $11,475 - Tax before rebates: $22,950 - First-time buyer rebate: $0 - Land transfer tax payable: $22,950 - First-time buyer: No ## Ontario provincial plus Toronto municipal, rebate off Toronto stacks a municipal land transfer tax on Ontario’s provincial schedule. The engine walks provincial brackets, then municipal brackets that mirror them, then sums the two. First-time relief is off so this page is a subsequent-purchase two-column return. The generic head term “Toronto land transfer tax” is owned by the double-tax scenario. This page owns the cash at this price. ### Provincial brackets $0 - $55,000 at 0.5% → $275.00; $55,000 - $250,000 at 1.0% → $1,950.00; $250,000 - $400,000 at 1.5% → $2,250.00; $400,000 - $2,000,000 at 2.0% → $7,000.00. Provincial subtotal $11,475. ### Municipal layer Toronto Municipal Land Transfer Tax uses the same brackets as Ontario provincial tax. Municipal subtotal $11,475. ### First-time buyer relief This example is not claiming first-time buyer relief, so the bracket tax is payable in full. ### Cash at closing Total land transfer tax payable $22,950. This is cash; it is not added to the mortgage principal. ## What this band means Seven hundred fifty thousand is a specific Toronto price this pilot indexes. It is a subsequent-purchase file: someone who already owned, or who does not meet the first-time test, buying inside the city. The municipal levy is the reason neighbouring York Region closings at the same price feel cheaper on tax even when the listing looks similar. Vaughan, Markham, and Richmond Hill skip the city column; East York and Scarborough do not. This page refuses the generic city head term. Policy and history live on the double-tax scenario. The number lives here. First-time relief is deliberately off so this page is not a doorway copy of the seven-figure Toronto example. At $750,000 inside Toronto, provincial tax is $11,475 and municipal tax is $11,475. Rebate $0. Payable $22,950. That stacked cheque is why a Mississauga closing at the same price is a different example. The method table is the walk; the scenario on Toronto’s double land transfer tax is the explainer for why the city charges twice. Do not ask this page to also be that explainer. Do not ask it to apply a first-time rebate. Land transfer tax remains cash. It does not change the amortizing payment. Take $22,950 to the solicitor as a trust-cheque line, not as a monthly add-on. ## Local context This is an East York semi or a Scarborough bungalow inside the old City of Toronto boundary, where the municipal levy applies. A Vaughan or Markham purchase at the same price would skip the municipal schedule entirely. City staff collect the municipal portion through the same closing solicitor, but the return has two columns. That two-column return is what this page is for. It is not “Ontario at this price”; it is “inside Toronto at this price,” subsequent-purchase, rebate off. York Region closings at the same listing price are a different legal city. Subsequent-purchase, rebate-off, two-column municipal is the only plot. Riverdale, Leslieville, the Danforth, Greektown, Coxwell, Woodbine, the Beaches, Greenwood, Pape, Broadview, Withrow, Kew Beach, Balmy Beach, Ashdale, Gerrard, Rhodes, and a Beach bungalow are the geography of this subsequent-purchase return. ## Sensitivity A higher price in Toronto walks both schedules at once, so the delta is larger than an otherwise-Ontario move. Turning the rebate on would clone the other Toronto page’s plot; leave it off here. Moving the same price outside the city drops the municipal column — that comparison is the third sensitivity row, and it is the York Region lesson, not a rebate lesson. - Price $937,500: $30,450 (+$7,500 tax) - With first-time buyer rebate: $14,475 (−$8,475 tax) - Same price elsewhere in Ontario: $11,475 (−$11,475 tax) ## FAQs ### Why does this $750,000 Toronto example skip the first-time buyer rebate? This page is a subsequent-purchase Toronto file at $750,000. Mixing rebate on and off on the same price would make two pages doorway copies. First-time relief belongs on a different price band on this hub. ### Is this $750,000 page the result for a generic “Toronto land transfer tax” search? No. The generic head term is covered by the scenario toronto-land-transfer-tax-double-canada. This page is the worked number at $750,000. Use the scenario for the policy; use this page for the cash at this price ($22,950). ### Does Mississauga or Vaughan charge the same municipal tax as this $750,000 Toronto example? No. The municipal land transfer tax in this example is Toronto’s ($11,475 on $750,000). Neighbouring municipalities do not use Toronto’s municipal schedule. An Ontario example without the Toronto flag is the right page for those cities. This Toronto subsequent-purchase example uses provincial and municipal schedules last verified 2026-09-12. It does not update when posted mortgage rates move.