Land Transfer Tax Calculator
Estimate land transfer tax in Ontario, Toronto and British Columbia, with first-time buyer rebates.
About the Land Transfer Tax Calculator
Ontario: 0.5% to $55,000, 1% to $250,000, 1.5% to $400,000, 2% above and 2.5% above $2 million for homes with one or two single-family residences. First-time buyers get up to $4,000 back.
Toronto adds its own municipal tax at the same rates up to $3 million and, from 1 April 2026, graduated luxury rates from 4.4% to 8.6% above $3 million; first-time buyers get up to $4,475 back.
BC property transfer tax is 1% on the first $200,000, 2% to $2 million and 3% above, plus 2% more on residential value above $3 million. Eligible first-time buyers are exempt on the first $500,000 for homes up to $835,000, with a partial exemption up to $860,000.
The formula
Tax = Σ (price within each bracket × rate) − rebates
Worked example
Example: Land transfer tax = $32,550
- Inputs: Purchase price: $990,000; Location: Toronto; First-time home buyer: No.
- Formula: Tax = Σ (price within each bracket × rate) − rebates
- Result: Land transfer tax = $32,550
Questions people ask
Who pays land transfer tax?
The buyer, at closing, through the lawyer.
Do foreign buyers pay more?
Yes: Ontario's Non-Resident Speculation Tax is 25%, Toronto adds 10% and BC has its own additional tax.