How much is land transfer tax in Ontario?

Ontario land transfer tax is a marginal tax: 0.5% on the first $55,000, 1.0% up to $250,000, 1.5% up to $400,000, 2.0% up to $2,000,000, and 2.5% on any amount over $2,000,000. On a $900,000 home that is about $13,950 in provincial tax before any rebate.

Do I pay extra land transfer tax in Toronto?

Yes. If the home is inside the City of Toronto you pay a Municipal Land Transfer Tax (MLTT) on top of the provincial tax, roughly doubling the bill. Homes outside Toronto pay only the provincial Ontario land transfer tax.

How much is the first-time home buyer land transfer tax rebate?

First-time buyers can claim up to $4,000 back on the Ontario provincial tax and, in Toronto, up to $4,475 back on the municipal tax — a combined rebate of up to $8,475. You must be 18 or older, a Canadian citizen or permanent resident, move in within nine months, and never have owned a home anywhere.

When is land transfer tax due?

Land transfer tax is paid once, on closing day, through your real estate lawyer. It is a closing cost — separate from your down payment and mortgage.

Can HOMEH help cover my land transfer tax?

Yes. The HOMEH Cashback Rebate gives buyers up to 1.5% of the purchase price back, which many of our clients put straight toward land transfer tax and other closing costs. Use the calculator above to see how far your rebate goes.

Free 2026 Calculator

Ontario Land
Transfer Tax
Calculator

See your exact Ontario and Toronto land transfer tax, your first-time buyer rebate, and how much of it your HOMEH Cashback Rebate covers.

Calculate Your Cashback Rebate

Home price

City

First-time buyer?

Your land transfer tax

$20,475

Ontario provincial LTT$14,475

Toronto MLTT$14,475

First-time buyer rebate−$8,475

HOMEH Cashback Rebate1.5% of price

−$13,500

Your HOMEH Cashback Rebate covers
your land transfer tax$13,500

Estimates only, based on published 2026 rates. Confirm exact amounts with your real estate lawyer.

How Ontario land transfer tax works

Land transfer tax is charged on the price of the home and paid once, on closing day. It is a marginal tax — each portion of the price is taxed at its own rate. Buy inside the City of Toronto and you pay a municipal tax on top of the provincial one.

Ontario provincial rates (2026)

Up to $55,0000.5%

$55,000 to $250,0001.0%

$250,000 to $400,0001.5%

$400,000 to $2,000,0002.0%

Over $2,000,0002.5%

Toronto municipal rates (MLTT, 2026)

Up to $400,000 (same tiers as Ontario)0.5% to 1.5%

$400,000 to $2,000,0002.0%

$2,000,000 to $3,000,0002.5%

$3,000,000 to $4,000,0003.5%

$4,000,000 to $5,000,0004.5%

$5,000,000 to $10,000,0005.5%

$10,000,000 to $20,000,0006.5%

Over $20,000,0007.5%

First-time home buyer rebate

Eligible first-time buyers get up to $4,000 back on the Ontario tax and, in Toronto, up to $4,475 back on the municipal tax — up to $8,475 in total. With HOMEH's Cashback Rebate on top, your closing day gets a lot lighter.