Ontario Land Transfer Tax Calculator
Ontario residential tax brackets · Eligible buyer refund · Optional Toronto tax
Property Details
Your Land Transfer Tax
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)
Ontario land transfer tax table
Each rate applies only to the portion in its bracket, not the whole price. These rates assume property with one or two single-family residences.
| Portion of value | Rate |
|---|---|
| First $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% |
| Above $2,000,000 | 2.5% |
First-time buyer refund and Toronto tax
The provincial refund is up to $4,000, not automatic. The checkbox assumes full eligibility and full eligible ownership. Toronto’s separate refund is up to $4,475 for eligible buyers. Ask your lawyer about ownership shares, spouse history, occupancy and application deadlines.
At $400,000, Ontario tax is $4,475: $275 on the first $55,000, $1,950 on the next $195,000 and $2,250 on the remaining $150,000. Toronto’s higher residential rates above $3 million are included when selected. Foreign-buyer taxes and registration/administration fees are not included.
Official sources
Frequently Asked Questions
How much is Ontario land transfer tax on a $500,000 home?
The provincial tax is $6,475 before any eligible refund. An eligible first-time buyer claiming the full $4,000 refund pays $2,475 provincially. Toronto municipal tax is separate.
Who qualifies for Ontario’s first-time buyer refund?
The maximum refund is $4,000. You must be at least 18, have never owned a home anywhere in the world, meet the spouse ownership rules and citizenship or permanent-resident requirements, and occupy the home within nine months. Apply within 18 months; partial ownership can reduce the refund. Confirm eligibility with your lawyer.
Does Toronto charge an additional land transfer tax?
Yes. Select Toronto to include municipal tax. Higher Toronto residential brackets above $3 million took effect April 1, 2026. Administration fees and non-resident speculation taxes are excluded from this estimate.
Disclaimer: Estimates only. Confirm exact amounts and refund eligibility with your real estate lawyer or notary. Ontario and Toronto residential rates checked November 14, 2026; subject to change. Foreign-buyer taxes and administration fees excluded.