🇨🇦 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.
Contexte de la Regle Regionale
Canada Taux et Regles
Tax Bands
Surcharges
- -Non-Resident Speculation Tax (NRST): 25% on designated regions
Relief and Exemptions
- -First-time home buyer refund: up to CA$4,000
- -Transfers between spouses
- -Certain family farm transfers
Entrez les valeurs
Resultat
Entrez les valeurs ci-dessus et cliquez sur Calculer pour voir votre resultat.
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Avis : Avis : Ce calculateur utilise les regles publiques en vigueur a la date indiquee. Les resultats sont a titre informatif uniquement. Verifiez aupres des sources officielles. Derniere verification: 1 mars 2026.
Formule
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.
Questions Frequentes
How much is Ontario land transfer tax on CA$600,000?
On CA$600,000: 0.5% on first CA$55,000 = CA$275, 1% on next CA$195,000 = CA$1,950, 1.5% on next CA$150,000 = CA$2,250, 2% on remaining CA$200,000 = CA$4,000. Total Ontario LTT: CA$8,475.
What is the first-time buyer refund?
First-time home buyers can claim a refund of up to CA$4,000, covering the LTT on the first CA$368,000 of the purchase price. You must be a Canadian citizen or permanent resident, at least 18 years old, and never have owned a home worldwide.
Do Toronto buyers pay double LTT?
Yes. Toronto is the only Ontario city with its own municipal LTT, which mirrors the provincial rates. A CA$600,000 Toronto purchase: CA$8,475 Ontario LTT + CA$8,475 Toronto LTT = CA$16,950 total. Toronto first-time buyers get an additional municipal rebate up to CA$4,475.
What is the Non-Resident Speculation Tax?
The NRST is a 25% tax on the purchase price for non-Canadian buyers purchasing residential property in designated regions of Ontario. On a CA$600,000 home: NRST = CA$150,000 on top of regular LTT. Some exemptions exist for work permit holders and refugees.
When is Ontario LTT paid?
LTT is payable on closing day (the date ownership transfers). Your real estate lawyer collects and remits it as part of the closing costs. It cannot be added to your mortgage.
Is LTT tax deductible?
For your primary residence: no. For investment properties: LTT is added to the cost base for capital gains calculations when you sell. It is not deductible against rental income annually.
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