Property purchase cost calculator
Land Transfer Tax Calculator
Calculate Land Transfer Tax (Ontario) and closing costs for property in Canada.
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Ontario provincial Land Transfer Tax is a progressive tax on property purchases. Each bracket rate applies only to the portion of the price within that range. For Toronto purchases, an additional Municipal LTT applies on top — select "Toronto, Ontario" from the Region dropdown. First-time buyers may qualify for rebates of up to C$4,000 (Ontario) and C$4,475 (Toronto), not modelled here.
Land Transfer Tax (Ontario) uses a progressive sliding scale — you only pay the higher rate on the portion of the price that falls within each band, not on the full purchase price.
| Property value | Rate |
|---|---|
| $0.00 – $55,000.00 | 0.5% |
| $55,000.00 – $250,000.00 | 1.0% |
| $250,000.00 – $400,000.00 | 1.5% |
| $400,000.00 – $2,000,000.00 | 2.0% |
| $2,000,000.00 and above | 2.5% |
Land Transfer Tax (Commercial) (Commercial)
Commercial/non-residential properties use the same LTT brackets but the top rate is 2.0% (the 2.5% band above $2M applies only to residential properties with 1–2 units).
| Property value | Rate |
|---|---|
| $0.00 – $55,000.00 | 0.5% |
| $55,000.00 – $250,000.00 | 1.0% |
| $250,000.00 – $400,000.00 | 1.5% |
| $400,000.00 and above | 2.0% |
Additional surcharges
Non-Resident Speculation Tax (NRST) — +25%
25% NRST applies province-wide to residential property purchased by non-residents, non-citizens, and foreign corporations. Toronto adds an additional 10% Municipal NRST — select Toronto from the Region dropdown for the combined 35% rate. Does not apply to commercial property or multi-residential rental buildings with more than 6 units.
Rates vary by region
Canada has 7 regions with different Land Transfer Tax (Ontario) rates. Select your region in the calculator above for accurate results.
Beyond Land Transfer Tax (Ontario), buyers typically pay the following fees when purchasing property in Canada. These are included in the calculator above.
Legal Fees
Lawyer fees for handling the purchase, title search, and registration. A lawyer is mandatory in Ontario. Typical range $1,500–$2,500.
Title Insurance
One-time premium protecting against title defects, encroachments, and survey issues. Often used in place of a land survey.
Home Inspection
Pre-purchase inspection of the property condition. Recommended but not legally required.
Appraisal Fee
Property appraisal required by the mortgage lender to confirm the property value. Some lenders cover this cost.
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