Toronto Land Transfer Tax Calculator & First-Time Buyer Rebates
Buying in Toronto can trigger both Ontario Land Transfer Tax and Toronto Municipal Land Transfer Tax. Estimate both before you make an offer, then understand which rebates may apply.
One purchase. Two land transfer taxes.
Ontario charges provincial Land Transfer Tax on qualifying transfers. Toronto also charges its own Municipal Land Transfer Tax on purchases in the City of Toronto. The municipal tax is in addition to the provincial tax.
Land Transfer Tax Calculator
See the provincial tax, Toronto’s additional municipal tax and maximum potential first-time buyer rebates before you write the offer.
Your offer deserves a complete cash picture.
Use the estimate as a starting point, then review the property, buyer profile and closing assumptions before you commit.
What changed in Toronto in 2026?
For high-value residential properties containing one or two single-family residences, Toronto introduced higher graduated MLTT rates effective April 1, 2026. That makes it especially important to calculate tax using the current bracket structure rather than an old calculator or remembered rule.
Ontario’s maximum first-time homebuyer refund is $4,000. Toronto’s maximum first-time homebuyer rebate is $4,475. Eligibility is not based only on whether this is the first property you have purchased in Canada; ownership and spouse rules can reach beyond Canada.
Do foreign buyers have additional taxes?
Ontario’s Non-Resident Speculation Tax is 25% for applicable foreign entities and taxable trustees. Toronto also has a 10% Municipal Non-Resident Speculation Tax on certain residential purchases by foreign buyers. Definitions, exemptions and rebate rules are detailed, so the optional calculator estimate should never replace legal advice.
Before you make an offer
Ask your lawyer and mortgage professional to confirm the closing funds you will need. Land transfer tax is only one part of closing: legal fees, title insurance, adjustments, lender requirements and property-specific costs can also matter.
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