Land Transfer Tax Calculator
Calculate your exact land transfer tax by province — including first-time buyer rebates. Ontario buyers in Toronto pay both provincial and municipal land transfer tax.
About Land Transfer Tax in Canada
Land transfer tax (LTT) is a provincial tax charged when ownership of real property is transferred from seller to buyer. It is calculated as a percentage of the purchase price using a sliding bracket system — similar to income tax — where higher-priced properties are taxed at progressively higher rates.
Ontario and British Columbia have the highest land transfer tax rates among Canadian provinces. Buyers in the City of Toronto face a second layer of taxation through the Toronto Municipal Land Transfer Tax (MLTT), which mirrors the Ontario LTT and can add $10,000–$40,000+ to the total closing cost on higher-priced properties.
Alberta, Saskatchewan, and Newfoundland do not charge a land transfer tax. Instead, they charge a smaller administrative land title transfer fee, typically under $1,000.
Land transfer tax is typically paid on closing day as part of your closing costs and is handled by your real estate lawyer. Unlike CMHC insurance premiums, land transfer tax cannot be added to your mortgage — it must be paid in cash.
Common Questions
When is land transfer tax paid?
Land transfer tax is paid at closing (possession day), handled by your real estate lawyer as part of the funds transferred on closing day.
Is land transfer tax deductible?
No. Land transfer tax is not deductible for personal use properties in Canada. It is added to the cost base of your property for capital gains purposes when you eventually sell.
Do I pay land transfer tax on new builds?
Yes, in most provinces. Some exceptions and rebates apply to new construction purchases — confirm with your real estate lawyer.
What is the Toronto Municipal Land Transfer Tax?
Toronto charges a second land transfer tax equal to the provincial Ontario LTT, effectively doubling the tax for Toronto buyers. On an $800K home in Toronto, the combined Ontario + Toronto LTT can exceed $28,000.