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LTT Calculator
Ontario Land Transfer Tax (Residential) Calculation
Enter the purchase price: $  (no commas or decimals)

Land Transfer Tax Amount $  *

* Estimated calculation. Verify manualy.

The information provided within this site is not to be relied upon or construed as legal and/or Real Estate advice.  Consumers/Public are urged to seek expert advice on specific issues affecting them.

Land Transfer Tax is a tax imposed on real property.  Calculated on the value of the property being registered in a land registration office. 

 NOTE:  This example is for the PROVINCE of ONTARIO outside of TORONTO.  Toronto has a second Land Transfer Tax.

TAX RATE TABLE

0.5% on the first $55,000

1.0% on portion between $55,000 - $250,000

1.5% on balance over $250,000

If the land falls under the definition of single-family and duplex residences, an additional tax of 0.5% applies to consideration over $400,000.

Example:    

A single-family home is purchased for $450,000.  The following calculation applies:

$0-$55,000                       .005 x $55,000   =    275

$55,000-$250,000            .01 x $195,000   = 1,950

$250,000-$400,000           .015 x $150,000 = 2,250

$400,000 plus        (.015 + .005) x $50,000 = 1,000

 Total Land Transfer Tax Payable     $5,475

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Eric M  Cartney

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Real Estate Broker