Land Transfer 

Tax Calculator

 

Use the form below to calculate the amount of land transfer tax you will have to pay.  Land transfer tax is applied on the sale price only. Check any of the boxes that apply to get an accurate amount. There are Tax Credits and Benefits for First Time Home Buyers and additional Taxes Payable for Properties purchased in Toronto.  

Land Transfer Tax Calculator

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Ontario Land Transfer Tax Explained

  • 0.5% - on the first $55,000
  • 1.0% - on portion between $55,000 - $250,000
  • 1.5% - on balance over $250,000
  • 2.0% - on anything over $400,000
  • Qualifying first time buyers receive up to a $4000 credit

Toronto Land Transfer Tax Explained

  • 0.5% - on the first $55,000
  • 1.0% - on portion between $55,000 - $400,000
  • 2.0% - on anything over $400,000
  • First time buyers are exempt on the first $400,000

Malektaj Hejazi Broker of Record

Adenat Real Estate Ltd. Brokerage

3 Brewster Road Unit 1 , Brampton Ontario,L6T 5G9

Phone: 905-794-2808

Fax: 905-794-2822

info@adenathomes.com

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