Ontario Land Transfer Tax Calculator
Enter a price and see exactly what you owe on closing. This has to be paid in cash — it cannot be added to your mortgage.
Qualifying first-time buyers pay nothing on the first $368,000 of price. Above that the refund is capped at $4,000.
Non-Resident Speculation Tax of 25% applies province-wide.
1.29% of the purchase price
How Ontario calculates it
The 2.5% top bracket applies to one and two-unit residential properties. Other property types cap at 2.0% above $400,000.
| Portion of the purchase price | Rate |
|---|---|
| $0 – $55,000 | 0.50% |
| $55,000 – $250,000 | 1.0% |
| $250,000 – $400,000 | 1.50% |
| $400,000 – $2,000,000 | 2.0% |
| Over $2,000,000 | 2.50% |
A worked example
On a $500,000 purchase in Ontario.
| Ontario land transfer tax | $6,475.00 |
| Total on $500,000 | $6,475.00 |
Buying is one date. Renewal is the next.
Get notified on best mortgage rates for transfer and refinance to compare your monthly savings.
What this costs you against everything else on closing
Land transfer tax is usually the single largest closing cost, and the one buyers most often forget to budget for. It is due the day you take possession and no lender will finance it.
$6,475
On $500,000
$1,100–$3,000
Lawyer, disbursements, title insurance
$25,000
Statutory minimum on $500,000
Ontario land transfer tax questions
How much is land transfer tax in Ontario?
On a $500,000 purchase you would pay $6,475.00. The tax is charged in bands, so the effective rate rises with the price — here it works out to 1.29%.
Can I add land transfer tax to my mortgage?
No. It is a closing cost and must be paid in cash on the day you take possession, along with your legal fees and adjustments. Lenders want to see it in your bank account before they will fund — most ask for proof of roughly 1.5% of the purchase price in closing costs on top of your down payment.
Is there a first-time buyer rebate in Ontario?
Qualifying first-time buyers pay nothing on the first $368,000 of price. Above that the refund is capped at $4,000. On the example above that is worth $4,000.00.
What if the buyer is not a Canadian resident?
Non-Resident Speculation Tax adds 25% of the purchase price, applying province-wide. It is charged on top of the ordinary transfer tax, and on a typical purchase it is the largest single line on the statement of adjustments.
When exactly is it due?
Your lawyer or notary collects it as part of your closing funds and remits it when the transfer is registered. It is on your statement of adjustments, due the day you get the keys.
Bracket and rebate figures are taken from ontario.ca, checked 22 August 2026, effective 2017-01-01. This calculator is an estimate for planning. Your lawyer or notary produces the binding figure on your statement of adjustments.
Knowing the tax is half of it. Knowing the rate is the other half.
The published rate is where you start. What you are actually offered depends on credit, income, property and loan-to-value — a licensed broker can tell you which, and we can introduce you to one.
