Ontario Land Transfer Tax Calculator 2026
Ontario LTT is calculated on purchase price. First-time buyers get up to $4,000 rebate.
Land Transfer Tax Calculator
Calculate your land transfer tax by province
Your Land Transfer Tax
1.50% of purchase price
Ontario LTT is calculated on purchase price. First-time buyers get up to $4,000 rebate.
What is Land Transfer Tax?
Land transfer tax (LTT) is a provincial tax paid when you purchase real estate in Canada. The tax is calculated as a percentage of the purchase price and varies significantly by province. Alberta and Saskatchewan charge no LTT, while Ontario and BC have multi-bracket systems that can add tens of thousands of dollars to closing costs.
Land Transfer Tax Rates by Province
Each province sets its own rates and thresholds. Ontario and Toronto residents pay both provincial and municipal land transfer tax. BC calls theirs the Property Transfer Tax. Quebec calls it the "Welcome Tax" (Taxe de bienvenue).
| Province | Tax Type | Rate | First-Time Buyer Rebate |
|---|---|---|---|
| Ontario | LTT | 0.5%–2.5% | Up to $4,000 |
| British Columbia | Property Transfer Tax | 1%–5% | Up to $8,000 (homes under $835K) |
| Quebec | Welcome Tax | 0.5%–2.5% | None (varies by municipality) |
| Manitoba | LTT | 0%–2% | None |
| Nova Scotia | Deed Transfer Tax | ~1.5% | None |
| New Brunswick | LTT | 1% | None |
| PEI | Real Property Transfer Tax | 1% | Up to $2,000 |
| Alberta | None | $0 | N/A |
| Saskatchewan | None | $0 | N/A |
| Newfoundland | None | $0 | N/A |
Toronto Double Land Transfer Tax
If you buy a home in Toronto, you pay both Ontario's provincial land transfer tax AND Toronto's municipal land transfer tax — both calculated using the same brackets. This means Toronto buyers pay roughly double the LTT of buyers elsewhere in Ontario. First-time buyers can receive up to $4,000 rebate from each (total up to $8,000).
Land Transfer Tax FAQs — Ontario
Who pays land transfer tax in Canada?
The buyer pays land transfer tax, not the seller. It is due on closing day and is collected by your real estate lawyer.
Can I avoid land transfer tax?
You cannot avoid LTT if you purchase a property in a province that charges it. However, first-time buyers in Ontario and BC may qualify for rebates that offset part or all of the tax.
Is land transfer tax included in my mortgage?
No. LTT must be paid from your own funds on closing — it cannot be added to your mortgage.
What is the land transfer tax in Ontario on a $700,000 home?
For a $700,000 purchase in Ontario: $275 (on first $55K at 0.5%) + $1,950 (on $55K–$250K at 1%) + $2,250 (on $250K–$400K at 1.5%) + $6,000 (on $400K–$700K at 2%) = $10,475. If in Toronto, double to ~$20,950.
Does Alberta have a land transfer tax?
No. Alberta has no land transfer tax. Buyers pay only title transfer fees, which are typically a few hundred dollars.