Thursday February the 23rd, 2012 
Land Transfer Tax Calculator

Use the form below to calculate the amount of land transfer tax you will have to pay.  Land transfer tax is applied on the sale price only.

 
Purchase Price: $
- I am a first time home buyer
- I am purchasing a property located in Toronto
Total Land Transfer Tax: $

Ontario Land Transfer Tax Explained

Ontario Land Transfer Tax

0.5% - on the first $55,000
1.0% - on portion between $55,000 - $250,000
1.5% - on balance over $250,000
2.0% - on anything over $400,000
Qualifying first time buyers receive up to a $2000 credit

Toronto Land Transfer Tax

0.5% - on the first $55,000
1.0% - on portion between $55,000 - $400,000
2.0% - on anything over $400,000
First time buyers are exempt on the first $400,000

Nora Anderson & Ron Argue
Sales Representative

RE/MAX Rouge River Realty
Brokerage
Independently owned and operated

65 Kingston Road E. Suite 11, Ajax, ON L1S 7J4
Phone: 905-619-2100  Fax: 905-619-3208
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