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🇨🇦 Toronto Land Transfer Tax Calculator

Estimate Toronto total land transfer tax, including both the Ontario provincial LTT and the Toronto municipal LTT. Toronto is the only city in Ontario that charges its own land transfer tax on top of the provincial one, effectively doubling closing costs for property purchases within city limits. On a $1,000,000 home, the combined LTT is approximately $32,200.

Contexte de la Regle Regionale

JuridictionCanada
DeviseCA$ (CAD)
En vigueur depuis1 janv. 2025
Version1.0
Derniere verification1 mars 2026
Prochaine verification1 juil. 2026
Source: City of Toronto, Ontario Ministry of Finance

Canada Taux et Regles

Tax Bands

Provincial LTT: 0.5% to 2.5%2%
Toronto Municipal LTT: 0.5% to 2.5%2%
Combined on CA$400K-CA$2M portion4%
Combined above CA$2M5%

Surcharges

  • -Double LTT (provincial + municipal) applies only in Toronto
  • -Non-Resident Speculation Tax: 25%

Relief and Exemptions

  • -Ontario first-time buyer rebate: up to CA$4,000
  • -Toronto first-time buyer rebate: up to CA$4,475
  • -Combined first-time savings up to CA$8,475

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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

Total = Ontario LTT + Toronto municipal LTT

Toronto buyers pay two separate land transfer taxes calculated independently: the Ontario provincial schedule and the Toronto municipal schedule with its own bracket rates. Both are progressive and apply simultaneously, roughly doubling the total compared to buying elsewhere in Ontario.

Questions Frequentes

How much total LTT on a CA$800,000 Toronto home?

Ontario provincial LTT: approximately CA$11,475. Toronto municipal LTT: approximately CA$11,475. Total: CA$22,950. First-time buyer: total after rebates approximately CA$14,475 (saving CA$8,475).

Why does Toronto have double land transfer tax?

Toronto is the only municipality in Ontario with its own land transfer tax, introduced in 2008 by city council. The municipal LTT mirrors provincial rates, effectively doubling the tax. This is a significant closing cost that does not apply in Mississauga, Brampton, Markham, or any other Ontario city.

What is the Toronto first-time buyer rebate?

Toronto offers its own first-time buyer rebate of up to CA$4,475 (covering the municipal LTT on the first CA$400,000). Combined with the Ontario provincial rebate (up to CA$4,000), first-time Toronto buyers save up to CA$8,475 total.

How does Toronto LTT compare to other GTA cities?

A CA$800,000 home: Toronto costs CA$22,950 in LTT. The same home in Mississauga, Brampton, or Markham costs only CA$11,475 (provincial LTT only, no municipal). This CA$11,475 difference drives some buyers to purchase just outside Toronto city limits.

Is Toronto municipal LTT likely to be abolished?

Unlikely. The municipal LTT generates approximately CA$800M-$1B annually for Toronto, representing about 7% of the city budget. While politically unpopular, no mayor has proposed eliminating it due to the revenue dependence.

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