Ontario land transfer tax calculator
What the province — and Toronto — will want on closing day, after the first-time buyer rebates.
Land transfer tax
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Worked out, at prices people actually buy at
Provincial tax on the left, and the total including Toronto's municipal tax on the right. Note where the two columns stop being a simple double.
| Purchase price | Ontario | In Toronto (total) |
|---|---|---|
| $500,000 | $6,475 | $12,950 |
| $900,000 | $14,475 | $28,950 |
| $1,500,000 | $26,475 | $52,950 |
| $3,000,000 | $61,475 | $122,950 |
| $4,000,000 | $86,475 | $182,950 · not double |
The brackets
Both taxes are marginal: each rate applies only to the slice of the price inside its band, not to the whole purchase. Rates verified 1 August 2026.
| Portion of the price | Ontario | Toronto municipal |
|---|---|---|
| First $55,000 | 0.5% | 0.5% |
| $55,000 to $250,000 | 1% | 1% |
| $250,000 to $400,000 | 1.5% | 1.5% |
| $400,000 to $2,000,000 | 2% | 2% |
| $2,000,000 to $3,000,000 | 2.5% | 2.5% |
| $3,000,000 to $4,000,000 | 2.5% | 3.5% |
| $4,000,000 to $5,000,000 | 2.5% | 4.5% |
| $5,000,000 to $10,000,000 | 2.5% | 5.5% |
| $10,000,000 to $20,000,000 | 2.5% | 6.5% |
| Above $20,000,000 | 2.5% | 7.5% |
What this does not include
- Your down payment. This is tax only.
- Legal fees, title insurance and the rest of closing. Those are on the closing costs calculator.
- The Non-Resident Speculation Tax. A further 25% province-wide for foreign buyers, foreign corporations and taxable trustees — if it applies to you, it is larger than everything on this page combined and needs a lawyer, not a calculator.
Rates verified 1 August 2026. An estimate for planning, not advice — your lawyer's statement of adjustments is the number that settles it, and Elixir Real Estate is not a law firm, a lender or a tax adviser.