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Ontario Land Transfer Tax Calculator

Estimate Ontario land transfer tax from your purchase price using the progressive marginal bracket system. Ontario LTT is a one-time tax paid at closing on all real estate purchases, with rates from 0.5% to 2.5% applied to different portions of the price. First-time home buyers can claim a rebate of up to $4,000, effectively making the first $368,333 tax-free.

Regional Rule Context

JurisdictionCanada
CurrencyCA$ (CAD)
Effective fromJan 1, 2025
Version1.0
Last reviewedMar 1, 2026
Next reviewJul 1, 2026
Source: Ontario Ministry of Finance

Canada Rates and Rules

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Estimate Ontario land transfer tax from your purchase price using the progressive marginal bracket system.

Disclaimer: This calculator uses publicly available rules effective as of Jan 1, 2025 (version 1.0). Results are for informational purposes only. Always verify with official sources or a qualified professional. Last reviewed: Mar 1, 2026.

Formula

Tax is computed by applying each bracket rate to its portion of price

Ontario LTT uses progressive brackets: 0.5% on the first $55,000, 1.0% on $55,001 to $250,000, 1.5% on $250,001 to $400,000, 2.0% on $400,001 to $2,000,000, and 2.5% above $2,000,000. Only the amount within each bracket is taxed at that rate, similar to income tax.

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