Ontario Land Transfer Tax Calculator (2026)
Direct answer: Ontario land transfer tax is charged on marginal brackets — 0.5% up to $55,000, 1% to $250,000, 1.5% to $400,000, 2% to $2,000,000 and 2.5% above that. On a $500,000 home that is $6,475; first-time buyers get up to $4,000 back. Buyers in Toronto pay a municipal tax on top. Enter your price above for the exact figure.
What is the Ontario land transfer tax rate?
Ontario charges 0.5% up to $55,000, 1% to $250,000, 1.5% to $400,000, 2% to $2,000,000, and 2.5% above $2,000,000 on a home with one or two single-family residences.
How much is land transfer tax on a $500,000 home in Ontario?
$6,475. A first-time buyer's $4,000 refund cuts it to about $2,475. Toronto buyers pay this amount again as a municipal tax.
What is the Ontario first-time buyer refund?
Up to $4,000, which means no provincial land transfer tax on the first $368,000 of an eligible home. You must never have owned a home anywhere in the world.
Does Toronto charge extra land transfer tax?
Yes. Toronto adds a Municipal Land Transfer Tax on top of the Ontario tax, roughly doubling the bill. See our Toronto calculator for the combined total.
Land Transfer Tax Calculator (2026)
| Bracket | Rate | Tax |
|---|---|---|
| $0 – $55,000 | 0.5% | $275.00 |
| $55,000 – $250,000 | 1% | $1,950.00 |
| $250,000 – $400,000 | 1.5% | $2,250.00 |
| $400,000 – $750,000 | 2% | $7,000.00 |
How is Ontario land transfer tax calculated?
Ontario taxes each slice of the purchase price at its own rate. The calculator applies the brackets in order and shows the tax on each slice, so you can see how the total is built.
- 0.5% on the first $55,000.
- 1% on the portion from $55,000 to $250,000.
- 1.5% on the portion from $250,000 to $400,000.
- 2% on the portion from $400,000 to $2,000,000.
- 2.5% on anything above $2,000,000 (homes with one or two residences).
What are the 2026 Ontario land transfer tax brackets?
The table shows the marginal rate for each slice of the price and a worked tax figure at common price points. Compare with our Canada-wide calculator or check your Ontario income tax too.
| Portion of price | Rate | Example price | Tax |
|---|---|---|---|
| Up to $55,000 | 0.5% | $300,000 | $2,975 |
| $55,000 to $250,000 | 1.0% | $500,000 | $6,475 |
| $250,000 to $400,000 | 1.5% | $800,000 | $12,475 |
| $400,000 to $2,000,000 | 2.0% | $1,000,000 | $16,475 |
| Over $2,000,000 | 2.5% | $1,500,000 | $26,475 |
How much is the first-time home buyer refund?
Ontario refunds up to $4,000 of land transfer tax for eligible first-time buyers, which removes the tax entirely on a home priced at or below about $368,000 and reduces it on anything more. To qualify you must be at least 18, must occupy the home as your principal residence within nine months, and must never have owned a home or an interest in one anywhere in the world. A spouse's prior ownership while you were together can disqualify you. The refund can be claimed at registration so it offsets the tax immediately.
Does the Ontario tax apply in Ottawa, Mississauga and Hamilton?
Yes. Every Ontario municipality except Toronto uses the same provincial land transfer tax with no municipal add-on, so the tax in Ottawa, Mississauga, Hamilton, London, Brampton or Markham is identical to the figures on this page for a given price. Toronto is the only city that levies its own Municipal Land Transfer Tax in addition to the provincial tax, which is why a Toronto purchase costs roughly twice as much in transfer tax as the same purchase anywhere else in Ontario.
When do you pay Ontario land transfer tax?
You pay it on closing, when the transfer is registered through Ontario's electronic land registration system. Your lawyer collects it as part of the closing funds and remits it, applying the first-time buyer refund at the same time if you qualify. It must be paid in cash at closing and cannot be added to the mortgage, so it should be budgeted alongside legal fees and title insurance.