Royal LePage Estate Realty, Brokerage

Land Transfer Tax Calculator

Ontario Land Transfer Tax (Residential)

Enter the purchase price: $

	Is the property located in Toronto ?
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Provincial Land Transfer Tax Amount $	Toronto Land Transfer Tax Amount $	Total Land Transfer Tax Amount $

Current as of 02/01/08.

No dollar signs, commas or decimals

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 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

Valid for Residential Calculations Only.