Land transfer tax (LTT) is a provincial tax paid when property ownership is transferred. In most cases, buyers pay it on closing through their lawyer.
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Ontario Land Transfer Tax Calculator
Estimate your Ontario land transfer tax (and Toronto municipal LTT if applicable) before you make an offer.
Estimate your land transfer tax
Land transfer tax is a closing cost paid when you buy a property in Ontario. Use this calculator to estimate the amount based on your purchase price and location. If the property is in Toronto, you may also pay an additional Toronto municipal land transfer tax.
- • See an estimate in seconds before you offer
- • Helpful for budgeting total closing costs
- • Compare scenarios across different price ranges
Estimates only. Rules can change and special cases may apply (first-time buyers, rebates, etc.). Confirm final numbers with your lawyer and mortgage professional.
Land transfer tax calculator
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How to use this land transfer tax calculator
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Enter your purchase price.
Use the price you’re targeting (or test a few price points to see how the tax changes). -
Select Ontario and your city.
Ontario land transfer tax applies province-wide. If the property is in Toronto, the calculator can account for Toronto’s additional municipal land transfer tax. -
Review the estimate.
Use the result as part of your total closing-cost budget along with legal fees, title insurance, adjustments, and moving costs. -
Plan your cash needed on closing.
LTT is typically paid at closing through your lawyer, so make sure you have enough funds available.
After you estimate land transfer tax, you can browse homes for sale in Ramara and I can help you estimate your full closing costs for any property you’re considering.
Example: Budgeting for closing costs
Land transfer tax is just one piece of your closing costs. A simple budgeting approach is:
- • Purchase price: $850,000
- • Estimated land transfer tax: (use the calculator)
- • Legal fees + disbursements: varies
- • Title insurance: varies
- • Adjustments (taxes/utilities/condo fees): varies
Try a few different purchase prices to see how land transfer tax changes, then use that to set a realistic “cash needed to close” target.
This example is for budgeting only. Always confirm your exact closing statement with your lawyer.
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Land transfer tax FAQ for Ontario buyers
Common questions buyers ask when budgeting for closing costs.
Yes. Your down payment is separate. LTT is a closing cost that is typically paid at closing along with legal fees and other adjustments.
Often, yes. Toronto has an additional municipal land transfer tax on top of Ontario’s LTT. This is why Toronto closing costs can be noticeably higher.
There may be rebates available depending on eligibility and location. Always confirm details with your lawyer and review current program rules before relying on a rebate.
Common closing costs include legal fees, title insurance, property tax/utility adjustments, and (for condos) status certificate review fees and condo adjustment items. Your lawyer can provide a full breakdown for a specific property.