Skip to main content

    Land Transfer Tax Calculator

    All 10 Canadian provinces · First-time buyer rebates · Toronto MLTT

    Property Details

    Toronto adds a Municipal LTT on top (calculated separately below).

    Your Land Transfer Tax

    Provincial LTT$9,475
    FTB Provincial Rebate$4,000
    Total LTT Payable$5,475
    0.84% of purchase price

    Don't forget other closing costs:

    • • Legal fees: $1,500 – $2,500
    • • Title insurance: $250 – $500
    • • Home inspection: $400 – $700
    • • PST on CMHC insurance (if applicable)

    Frequently Asked Questions

    What is land transfer tax in Canada?

    Land transfer tax (LTT) is a one-time provincial (and sometimes municipal) tax paid by a home buyer when ownership of a property is transferred. Rates and brackets vary by province — Alberta and Saskatchewan have only minor registration fees, while Ontario, BC, and Toronto have multi-bracket percentage taxes that can total tens of thousands of dollars.

    Do first-time home buyers pay land transfer tax?

    First-time buyers in Ontario, BC, PEI, and Toronto receive partial or full LTT rebates. Ontario refunds up to $4,000 (covers homes up to ~$368K), BC offers a full exemption to $500K, and Toronto adds another $4,475 municipal rebate.

    Is land transfer tax included in my mortgage?

    No. LTT must be paid in cash on closing day along with legal fees and other closing costs — it cannot be added to your mortgage principal. Budget for LTT separately when calculating how much down payment cash you need.

    Disclaimer: Estimates only. Confirm exact amounts with your real estate lawyer or notary. Rates verified for 2025 but subject to change.