Land Transfer Tax Calculator Canada — Calculate Property Transfer Tax
Calculate land transfer tax for property purchases across Canadian provinces. Includes Ontario Toronto Municipal LTT British Columbia and other provincial rates for 2026.
Land transfer tax is a one-time tax charged when you purchase property in Canada. The amount varies significantly by province and in Toronto you face both provincial and municipal land transfer tax effectively doubling the cost. First time home buyers may qualify for rebates that can save thousands. Understanding your LTT before making an offer helps you budget accurately for the true cost of buying a home since this tax is paid on closing day in addition to your down payment.
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Key Information
| Parameter | Details |
|---|---|
| Ontario LTT Rate | 0.5% - 2.5% (graduated) |
| Toronto Municipal LTT | Additional 0.5% - 2.5% |
| BC Property Transfer Tax | 1% - 3% (graduated) |
| First Time Buyer Rebate (ON) | Up to $4000 |
Frequently Asked Questions
How much is land transfer tax in Toronto?
In Toronto you pay both Ontario provincial LTT and Toronto municipal LTT. On a $700000 home the provincial LTT is approximately $10475 and the Toronto municipal LTT is an additional $8975 for a combined total of $19450. First time buyers can receive rebates of up to $4000 provincial and $4475 municipal reducing the total to approximately $10975.
Do first time buyers pay land transfer tax in Ontario?
First time home buyers in Ontario can claim a rebate of up to $4000 on provincial LTT which covers the full tax on homes up to $368000. In Toronto there is an additional municipal rebate of up to $4475. For homes above these thresholds you pay the difference. To qualify you must be 18 or older a Canadian citizen or permanent resident and never have owned a home anywhere in the world.
Which province has the lowest land transfer tax?
Alberta and Saskatchewan do not charge a traditional land transfer tax making them the most affordable provinces for property transfer costs. Alberta charges a modest land titles registration fee based on the property value typically $1-2 per $5000 plus a mortgage registration fee. This can save buyers $10000-30000 compared to purchasing the same priced home in Ontario or BC.
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Last updated: 24 March 2026