Ontario Land Transfer Tax Calculator 2026
Estimate your Ontario land transfer tax (LTT) — plus the extra Toronto municipal land transfer tax (MLTT) if your property is in the city — with 2026 marginal tiers and first-time home buyer rebates applied automatically.
Your Purchase
Understanding Land Transfer Tax in Ontario
What is land transfer tax?
When a property changes hands in Ontario, the buyer pays a one-time tax on the purchase price called land transfer tax. It is collected by the provincial government and is due when the transfer is registered — normally on your closing day, when your lawyer or notary handles it as part of the closing adjustments. Unlike your mortgage, it cannot be rolled into the loan in most cases, so it comes straight out of the cash you bring to closing.
Ontario vs. Toronto: the double tax
Here is the part that surprises many buyers: if the property is inside the City of Toronto, you pay both the Ontario provincial land transfer tax and the city's own municipal land transfer tax (MLTT). The two schedules are nearly identical up to $2 million — so on a typical home the municipal tax roughly equals the provincial tax and your total bill is close to double. Everywhere else in Ontario you pay only the provincial tax. Toggle the Toronto option in the calculator to see the difference instantly.
How the marginal tiers work
The tax is not charged at a single flat rate. Instead, each tier's rate applies only to the slice of the price inside that tier — just like income tax brackets. The first $55,000 is taxed at 0.5%, the next $195,000 at 1.0%, the next $150,000 at 1.5%, the next $1.6 million at 2.0%, and anything above $2 million at 2.5%. That means creeping into a higher tier raises your bill by less than the headline rate suggests. The tier chart above shows exactly how much each slice contributes.
First-time buyer rebates and caps
Qualifying first-time buyers get relief at both levels. Ontario offers a rebate of up to $4,000 against the provincial tax — the rebate is the lesser of the tax you owe and $4,000, so buyers of less expensive homes can have their provincial tax wiped out entirely. Toronto adds its own rebate of up to $4,475 against the MLTT. If you qualify for both, the combined maximum saving is $8,475. Flip the first-time buyer toggle to see your rebates applied.
Put it in your closing-cost budget
Land transfer tax is usually the single largest closing cost after the down payment itself. A common planning rule is to set aside 1.5–4% of the purchase price for all closing costs combined — legal fees, title insurance, adjustments — and on a Toronto purchase the transfer taxes alone can eat most of that budget. Run your price through the calculator early, while you are still house hunting, so there are no surprises on closing day.
Note: the Toronto rates shown here apply to 1–2 single-family homes; other property classes have different schedules. The figures are estimates for planning — always verify the final amounts and rebate eligibility with your lawyer or notary before closing.