Ontario land transfer tax calculator
See your Ontario and Toronto land transfer tax, plus first-time buyer rebates, before you make an offer.
Ontario + Toronto. Provincial and Toronto municipal tax, with the latest 2026 rates.
First-time buyer rebates. Up to $4,000 provincially and $4,475 more in Toronto, applied for you.
Offset the cost. Get up to $25,000 back from our commission, toward your closing costs.
Cash-at-closing clarity. Know the exact tax you owe before you make an offer.
What's the home price?
The purchase price of the property you are buying.
In the City of Toronto
Adds the Toronto municipal land transfer tax.
First-time home buyer
Applies the provincial and municipal rebates.
Land transfer tax
$20,950
Ontario + Toronto, due in cash at closing
Offset it with Zown
Paid at closing toward your overall savings, so it helps cover your land transfer tax and other closing costs.
An estimate for Ontario purchases, not legal or tax advice.
Ontario
Ontario land transfer tax, explained
How the provincial and Toronto taxes stack up, what first-time buyers get back, and how Zown helps you cover it.
The provincial rate
Ontario LTT is marginal: 0.5% to $55K, 1% to $250K, 1.5% to $400K, 2% to $2M, and 2.5% above $2M. A $700,000 home works out to $10,475.
Toronto pays twice
Buy in the City of Toronto and a municipal LTT roughly doubles your total. Up to $2M it mirrors the provincial rates, so that same $700,000 home is $20,950 combined.
New luxury tiers
From April 1, 2026, Toronto charges higher graduated MLTT on high-value homes: 4.40% from $3M–$4M rising to 8.60% above $20M. Provincial rates are unchanged.
First-time buyer rebates
First-time buyers get up to $4,000 back provincially (no LTT up to ~$368K) and, in Toronto, up to $4,475 more (no MLTT up to $400K).
Due at closing, in cash
LTT is paid on closing through your lawyer and cannot be added to your mortgage. Budget it as upfront cash alongside legal fees and title insurance.
The Zown difference
Buy with Zown and get 1.25% of the price back (up to $25,000) at closing. Many buyers use it to offset land transfer tax and other closing costs.
Rates are current as of July 2026, including Toronto's graduated MLTT effective April 1, 2026. Sources: ontario.ca and toronto.ca. This is general information, not legal or tax advice.
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Land transfer tax questions, answered
Common questions about Ontario and Toronto land transfer tax, rebates, and buying with Zown.
Still have questions?
Our team can help you understand your options and walk you through the numbers.