Muhammad Yousaf
Sales Representative
myousafrealtor@gmail.com

RE/MAX Active Realty Inc.
Brokerage
Independently owned and operated

200 Matheson Blvd W Suite # 202, Mississauga, ON L5R 3L7

Phone: 905-290-6777  Fax: 905-290-6799  Mobile: 647-700-7986
Land Transfer Tax Calculator

Use the form below to calculate the amount of land transfer tax you will have to pay.  Land transfer tax is applied on the sale price only.

 

Land Transfer Tax Calculator

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Ontario Land Transfer Tax Explained

  • 0.5% - on the first $55,000
  • 1.0% - on portion between $55,000 - $250,000
  • 1.5% - on balance over $250,000
  • 2.0% - on anything over $400,000
  • Qualifying first time buyers receive up to a $4000 credit

Toronto Land Transfer Tax Explained

  • 0.5% - on the first $55,000
  • 1.0% - on portion between $55,000 - $400,000
  • 2.0% - on anything over $400,000
  • First time buyers are exempt on the first $400,000

Market Updated

Originally posted on: May 16, 2017
Last updated on: May 16, 2017
Filed under: house price toronto
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