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Land transfer tax · Ontario and Toronto
Every purchase in Ontario pays provincial land transfer tax on closing. Buy in the City of Toronto and you pay Toronto’s municipal tax as well. This calculator uses the current brackets from both, including Toronto’s April 1, 2026 rates.
Eligibility: Ontario refund · Toronto rebate
Rates: Ontario rates for registrations on or after January 1, 2017 (ontario.ca, page updated April 22, 2026). Toronto rates on or after April 1, 2026 (By-law 132-2026). Non-resident speculation taxes aren’t included.
| Ontario bracket | Rate | Tax |
|---|
| Toronto bracket | Rate | Tax |
|---|
Paid in cash on closing; it can’t be added to the mortgage. The City of Toronto also charges an administration fee on each MLTT transaction ($102.56 plus HST, per toronto.ca).
The brackets
Toronto’s higher rates apply to transfers registered on or after April 1, 2026, so this calculator uses those rather than last year’s. Rates apply to each portion of the price, not the whole price.
| Portion of the price | Rate |
|---|---|
| Up to $55,000 | 0.5% |
| $55,000 to $250,000 | 1.0% |
| $250,000 to $400,000 | 1.5% |
| Over $400,000 | 2.0% |
| Over $2,000,000, one or two single-family residences | 2.5% |
Sources: Ontario Ministry of Finance, Calculating Land Transfer Tax · first-time homebuyer refund (up to $4,000)
| Portion of the price | Rate |
|---|---|
| Up to $55,000 | 0.5% |
| $55,000 to $250,000 | 1.0% |
| $250,000 to $400,000 | 1.5% |
| $400,000 to $2,000,000 | 2.0% |
| $2,000,000 to $3,000,000* | 2.5% |
| $3,000,000 to $4,000,000* | 4.40% |
| $4,000,000 to $5,000,000* | 5.45% |
| $5,000,000 to $10,000,000* | 6.50% |
| $10,000,000 to $20,000,000* | 7.55% |
| Over $20,000,000* | 8.60% |
*One or two single-family residences. Other property stays at 2.0% over $400,000. Sources: City of Toronto MLTT rates · By-law 132-2026 · first-time purchaser rebate (up to $4,475)
Buying anywhere in Ontario? We put land transfer tax in your closing-cost estimate before you make an offer. Call Charlebois: 613-422-SOLD.
More: Mortgage calculator · Buying with us · Toronto
Questions
In brackets on the price: 0.5% up to $55,000, 1.0% to $250,000, 1.5% to $400,000 and 2.0% above that. For a property with one or two single-family residences, the portion over $2 million is taxed at 2.5%. On a $400,000 home it comes to $4,475.
Yes. A purchase in the City of Toronto pays the provincial tax and Toronto’s municipal land transfer tax. The municipal tax uses the same brackets up to $2 million, then 2.5% to $3 million, and higher rates above $3 million for homes with one or two single-family residences.
For homes with one or two single-family residences, the municipal rates above $3 million are now 4.40% to $4 million, 5.45% to $5 million, 6.50% to $10 million, 7.55% to $20 million and 8.60% above that, under City of Toronto By-law 132-2026. Below $3 million, nothing changed.
Yes, if you qualify. Ontario refunds up to $4,000 of the provincial tax and Toronto rebates up to $4,475 of the municipal tax. You must be a Canadian citizen or permanent resident, at least 18, never have owned a home anywhere in the world, and move in within nine months. Your lawyer usually claims it at registration.
No. On a new home, the tax is calculated on the price without the HST, although soft costs and upgrades in the agreement can count toward the price.
Foreign nationals pay Ontario’s Non-Resident Speculation Tax of 25% on residential property anywhere in the province, and from January 1, 2025, Toronto adds a 10% Municipal Non-Resident Speculation Tax on certain residential purchases. Neither is included in this calculator.
On closing, when your lawyer registers the transfer. It can’t be added to your mortgage, so budget it in cash alongside legal fees, title insurance and adjustments.