Rao Komaravolu, M. Tech

Broker, Re/Max "Hall Of Fame" 2011
Mobile: 416-984-8132   Bus: 416-491-4002

remaxbrokertoronto@gmail.com

Re/Max Crossroads Reality Inc., Brokerage

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

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 Explained

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

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