Land Transfer Tax Calculator


Land Transfer Tax Calculator


Calculate Land Transfer Tax (Residential)

 
Enter the purchase price: $ 
(no commas or decimals)

Provincial Land Transfer Tax (PLTT) Amount $

Toronto Land Transfer Tax (TLTT) Amount $

Total Land Transfer Tax (PLTT + TLTT) Amount $


(Applies to all Ontario properties including Toronto)
 

(Applies to Toronto properties only)

(Applies to Toronto properties only)
 
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Land Transfer Tax

Greater Toronto Area REALTORS® reported 4,375 transactions through the TorontoMLS system in January 2013.
This number represented a slight decline compared to 4,432 transactions reported in January 2012.
The January sales figures represent a good start to 2013. While the number of transactions was down slightly
compared to last year, the rate of decline was
much less than what was experienced in the second half of 2012. This suggests that some buyers, who put their
decision to purchase on hold last year due to stricter mortgage lending guidelines, are once again becoming active
in the market, It is interesting to note that sales were up for many home types in the GTA regions surrounding the
City of Toronto. This is due, at least in part, to the additional upfront land transfer tax in the City of Toronto.
The average selling price for January 2013 sales was $482,648 – up by 4.3 per cent compared to 62,655 in January 2012.
The MLS® Home Price Index (HPI) Composite Benchmark price was up by 3.8 per cent over the same period.
There will be enough competition between buyers in the marketplace to prompt continued growth in home prices in 2013.
Expect annual average price growth in the three to five per cent range this year.


How to calculate your Residential property Land transfer Tax?


Add the following together:


OR


3. Use the following formula: (Provincial land transfer tax only)

 


OR


4. LTT Reference Table


The following numbers are for reference only. Your individual land transfer tax calculation should be calculated
and verified by your solicitor. The following chart is based on the Land Transfer Tax (LTT) levied by the Province
of Ontario as at May 1996, and the City of Toronto land transfer tax, which takes effect on February 1, 2008.
Please note that the provincial and Toronto land transfer taxes can be amended by the Province and Toronto City Council.

 

 


Purchase Price

Provincial
LTT

(Applies to all Ont Properties,
including Toronto)

Toronto
LTT

(Applies to Toronto Properties only)

$55,000 $275 $275
$60,000 $325 $325
$65,000 $375 $375
$70,000 $425 $425
$75,000 $475 $475
$80,000 $525 $525
$85,000 $575 $575
$90,000 $625 $625
$95,000 $675 $675
$100,000 $725 $725
$105,000 $775 $775
$110,000 $825 $825
$115,000 $875 $875
$120,000 $925 $925
$125,000 $975 $975
$130,000 $1,025 $1,025
$135,000 $1,075 $1,075
$140,000 $1,125 $1,125
$145,000 $1,175 $1,175
$150,000 $1,225 $1,225
$155,000 $1,275 $1,275
$160,000 $1,325 $1,325
$165,000 $1,375 $1,375
$170,000 $1,425 $1,425
$175,000 $1,475 $1,475
$180,000 $1,525 $1,525
$185,000 $1,575 $1,575
$190,000 $1,625 $1,625
$195,000 $1,675 $1,675
$200,000 $1,725 $1,725
$205,000 $1,775 $1,775
$210,000 $1,825 $1,825
$215,000 $1,875 $1,875
$220,000 $1,925 $1,925
$225,000 $1,975 $1,975
$230,000 $2,025 $2,025
$235,000 $2,075 $2,075
$240,000 $2,125 $2,125
$245,000 $2,175 $2,175
$250,000 $2,225 $2,225
$255,000 $2,300 $2,275
$260,000 $2,375 $2,325
$265,000 $2,450 $2,375
$270,000 $2,525 $2,425
$275,000 $2,600 $2,475
$280,000 $2,675 $2,525
$285,000 $2,750 $2,575
$290,000 $2,825 $2,625
$295,000 $2,900 $2,675
$300,000 $2,975 $2,725
$305,000 $3,050 $2,775
$310,000 $3,125 $2,825
$315,000 $3,200 $2,875
$320,000 $3,275 $2,925
$325,000 $3,350 $2,975
$330,000 $3,425 $3,025
$335,000 $3,500 $3,075
$340,000 $3,575 $3,125
$345,000 $3,650 $3,175
$350,000 $3,725 $3,225
$400,000 $4,475 $3,725
$450,000 $5,475 $4,725
$500,000 $6,475 $5,725
$550,000 $7,475 $6,625
$600,000 $8,475 $7,725
$650,000 $9,475 $8,725
$700,000 $10,475 $9,725
$750,000 $11,475 $10,725
$800,000 $12,475 $11,725
$850,000 $13,475 $12,725
$900,000 $14,475 $13,725
$950,000 $15,475 $14,725
$1,000,000 $16,475