Calculators For buyers
For buyers

What's the land transfer tax?

One of the biggest cash costs of buying, and a surprise for many first-time buyers. See your exact Ontario and Toronto land transfer tax, your first-time buyer rebates, and how much more a home costs inside the City of Toronto.

Your purchase

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Purchase price

Where is the home?

Toronto means the old city limits: Steeles Avenue down to the lake, and Etobicoke across to Scarborough. Mississauga, Vaughan, Markham, Brampton and the rest of the GTA pay only the Ontario tax.

First-time home buyer?

To qualify you must be 18 or older, a Canadian citizen or permanent resident, have never owned a home anywhere in the world, and move in within nine months. Your lawyer confirms eligibility at closing.

Land transfer tax payable

your total, after any rebates

Ontario land transfer tax$0

Toronto municipal land transfer tax$0

Subtotal$0

First-time buyer rebate (Ontario)$0

First-time buyer rebate (Toronto)$0

Net payable on closing$0

This is due in cash on closing day. It is not part of your mortgage, and it is separate from your down payment.

Toronto vs just outside Toronto

In Toronto

Elsewhere in Ontario

See all calculators Ask Jay

Jay Patel

REALTOR® · GTA

Closing costs catch a lot of first-time buyers off guard. I'm a real person, not a form, so message me and I'll walk you through every dollar.

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A quick, honest note. This is an educational estimate, not legal or tax advice. Rates are current for 2026, including Toronto's luxury municipal brackets that take effect April 1, 2026. Land transfer tax uses marginal brackets, so each rate applies only to the portion of the price inside it. Your real estate lawyer calculates the exact amount on your Statement of Adjustments at closing and applies any rebates. Land transfer tax is only one of several closing costs, alongside legal fees, title insurance and adjustments, so budget for those too.

Non-resident buyers. If you are not a Canadian citizen or permanent resident, Ontario's Non-Resident Speculation Tax (and a Toronto equivalent) can add a large amount on top of this. It is not included here. Ask about it before you make an offer.