Land transfer taxes

Land transfer taxes

You’ll need to add land transfer taxes to your list of closing costs.

Land transfer taxes in Ontario
Land Transfer Tax
Up to $55,000 X 0.5% of total property value
From $55,000 to $250,000 X 1% of total property value
From $250,000 to $400,000 X 1.5% of total property value
From $400,000 up X 2% of total property value
**The City of Toronto levies an additional LTT on Toronto real estate in addition to the provincial rate.

Land Transfer Tax Calculator
Rate Hub Land Transfer Tax Calculator