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    How do I calculate Land Transfer Tax?
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    Ontario Land Transfer Tax is payable at the time of registration of your transfer and is based on the consideration paid for your property. Ontario Land Transfer Tax is calculated as follows (a Land Transfer Tax calculator has been included in this website under "Practice Areas - Real Estate", for your use):

    Value of Consideration Percentage
    $55,000.00 or less - 0.5% of the purchase price
    Over $55,000.0 - 1% of the purchase price, less $275.00
    Over $250,000.0 - 1.5% of the purchase price, less $1,525.00
    Over $400,000.0 - 2.0% of the purchase price, less $3,525.00
    If the subject property being purchased is in the City of Toronto, there is an additional Land Transfer Tax payable to the City of Toronto.

    Disclaimer: Content on this website is provided for informational purposes only and does not constitute a legal advice.





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