Ontario Land Transfer Tax Calculator 2026
Instantly calculate provincial Ontario LTT, Toronto Municipal Land Transfer Tax, and first-time buyer rebates for any purchase price. Full bracket breakdown included.
Ontario LTT Bracket Rates 2026
| Price Portion | Provincial LTT | Toronto MLTT | Combined (Toronto) |
|---|---|---|---|
| First $55,000 | 0.5% | 0.5% | 1.0% |
| $55,001 – $250,000 | 1.0% | 1.0% | 2.0% |
| $250,001 – $400,000 | 1.5% | 1.5% | 3.0% |
| $400,001 – $2,000,000 | 2.0% | 2.0% | 4.0% |
| $2,000,001+ (residential) | 2.5% | 2.5%+ | 5.0%+ |
Understanding Ontario Land Transfer Tax
Ontario’s Land Transfer Tax is one of the largest closing costs you’ll face when buying a home. Unlike a flat fee, LTT is a marginal (bracket-based) tax — each portion of the purchase price is taxed at its own rate, similar to income tax brackets. This calculator applies each rate precisely.
Toronto buyers pay a second Municipal Land Transfer Tax on top of the provincial rate, using the same bracket structure — effectively doubling the tax burden. Toronto is the only municipality in Ontario with its own MLTT. Buyers in Mississauga, Brampton, Markham, Vaughan, and the rest of the GTA pay only the provincial LTT.
First-time buyers receive a provincial rebate up to $4,000 (fully covering the LTT on homes up to $368,333) and an additional Toronto municipal rebate up to $4,475. Combined, qualifying Toronto buyers save up to $8,475.
Yes — this is the most critical point many first-time buyers miss. LTT and other closing costs must be paid in addition to your down payment on the same closing day, in cash. Budget for both from the start.
No. LTT cannot be claimed on your personal tax return. For investment properties only, it is added to your property’s adjusted cost base (ACB), reducing your capital gain when you eventually sell.