Ontario Land Transfer Tax (LTT)
What a buyer pays at settlement in Ontario — the real land transfer tax rate, plus your real-estate lawyer, inspection and registration, with a calculator that uses Ontario's actual bands.
- Land Transfer Tax (LTT) on $600,000
- $8,475
- + $8,475 in Toronto
- First-home relief
- Rebate of up to $4,000.
Land Transfer Tax (LTT) bands
Marginal — each rate applies only to the slice of the price within that band.
| Portion of price | Rate on that portion |
|---|---|
| Up to $55,000 | 0.5% |
| $55,000 – $250,000 | 1% |
| $250,000 – $400,000 | 1.5% |
| $400,000 – $2,000,000 | 2% |
| Over $2,000,000 | 2.5% |
Toronto Municipal LTT (MLTT) (stacks on top)
Toronto charges its own MLTT on top of Ontario's LTT, with luxury bands above $3M effective 1 April 2026. Toronto first-time buyers can claim a further rebate of up to $4,475 on the MLTT — not deducted above.
| Portion of price | Rate on that portion |
|---|---|
| Up to $55,000 | 0.5% |
| $55,000 – $250,000 | 1% |
| $250,000 – $400,000 | 1.5% |
| $400,000 – $2,000,000 | 2% |
| $2,000,000 – $3,000,000 | 2.5% |
| $3,000,000 – $4,000,000 | 4.4% |
| $4,000,000 – $5,000,000 | 5.45% |
| $5,000,000 – $10,000,000 | 6.5% |
| $10,000,000 – $20,000,000 | 7.55% |
| Over $20,000,000 | 8.6% |
Land Transfer Tax (LTT) in Ontario at a glance
What the land transfer tax (ltt) works out to at common Canada home prices, computed from the bands above.
| Home price | Land Transfer Tax (LTT) | First-home buyer |
|---|---|---|
| $400,000 | $4,475 | $475 |
| $600,000 | $8,475 | $4,475 |
| $800,000 | $12,475 | $8,475 |
| $1,000,000 | $16,475 | $12,475 |
| $1,500,000 | $26,475 | $22,475 |
Figures are the ON duty only; within Toronto the Toronto Municipal LTT (MLTT) is charged on top — use the calculator below.
Ontario buying-cost calculator
Pre-set to Ontario. Adjust your price and deposit.
Estimated upfront costs
$10,925
≈ 1.82% of the price · excludes your deposit
land transfer tax alone
$8,475
the biggest single line
Line-by-line breakdown
How buying costs work in Ontario
Ontario's LTT is marginal across the bands. Only Toronto adds a municipal LTT — everywhere else in Ontario you pay the provincial tax alone.
On a $600,000 home, Ontario's land transfer tax (ltt) comes to roughly $8,475, with about $8,475 more if the property is in Toronto. On top of that you'll pay your real-estate lawyer, an inspection and registration — all built into the calculator above.
First-home buyers: Ontario first-time buyers get a refund of up to $4,000 — no provincial LTT on roughly the first $368,000. You must be a citizen or permanent resident and never have owned a home anywhere.
Foreign buyers: A 25% Non-Resident Speculation Tax (NRST) applies province-wide to foreign buyers; Toronto adds a further 10%.
Source: Land Transfer Tax Act (Ontario); rates current 2026. Official source ↗
Frequently asked questions
How much is Land Transfer Tax (LTT) in Ontario?
On a $600,000 home in Ontario, Land Transfer Tax (LTT) is about $8,475, plus around $8,475 more if you buy within Toronto. It's charged on marginal price bands — see the table above — so it changes with your price. Ontario's LTT is marginal across the bands. Only Toronto adds a municipal LTT — everywhere else in Ontario you pay the provincial tax alone.
Do first-home buyers get a break in Ontario?
Ontario first-time buyers get a refund of up to $4,000 — no provincial LTT on roughly the first $368,000. You must be a citizen or permanent resident and never have owned a home anywhere.
What about foreign buyers in Ontario?
A 25% Non-Resident Speculation Tax (NRST) applies province-wide to foreign buyers; Toronto adds a further 10%.
Other provinces & territories
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