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Calculators

Rates as of

Toronto land transfer tax calculator

The short answer

Buying in the City of Toronto, you pay two land transfer taxes on closing: Ontario's and Toronto's municipal tax, which use similar brackets, plus Toronto's graduated rates on high-value homes in force from April 1, 2026. First-time buyers can get up to $4,000 from Ontario and up to $4,475 from Toronto.

Land transfer tax to pay

$28,950

Ontario land transfer tax$14,475
Toronto municipal land transfer tax$14,475
Ontario first-time buyer refund$0
Toronto first-time buyer rebate$0

Rates from Ontario and the City of Toronto, dated on Summitly.ca. Estimate only, not financial advice.

Examples

Land transfer tax in Toronto

PriceOntario taxToronto taxTotalFirst-time buyer total
$500,000$6,475$6,475$12,950$4,475
$750,000$11,475$11,475$22,950$14,475
$1,000,000$16,475$16,475$32,950$24,475
$1,500,000$26,475$26,475$52,950$44,475
$2,000,000$36,475$36,475$72,950$64,475
$3,000,000$61,475$61,475$122,950$114,475

Questions

Questions

Do I pay land transfer tax twice in Toronto?

Yes. Inside the City of Toronto you pay the Ontario land transfer tax and the Toronto municipal land transfer tax, both on closing.

Does the Toronto tax apply in Mississauga, Vaughan or Markham?

No. Only properties inside the City of Toronto's boundaries pay the municipal land transfer tax.

What is Toronto's first-time buyer rebate?

Up to $4,475 of the municipal tax for buyers who qualify as first-time buyers, on top of Ontario's refund of up to $4,000.