Thornhill Real Estate Team

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

 

* By Forest Hill Real Estate Inc. Brokerage

** In Forest Hill Real Estate Inc. Brokerage North Branch

FOREST HILL REAL ESTATE INC. Brokerage

Independently owned and operated

7787 Yonge Street, Suite 201, Thornhill ON, L3T 7L2

Office: 905-709-1800

Fax: 905-709-4752

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