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Land Transfer Tax Calculator
Calculate land transfer tax for Ontario properties. Toronto properties are subject to both provincial and municipal taxes.
Property Details
$500,000
First-Time Buyer Rebates
• Ontario: Up to $4,000 rebate
• Available for all purchase prices
• Applied automatically if eligible
Tax Summary
Land Transfer Tax
$6,475.00
Location
Ontario
Purchase Price
$500K
Base Tax
$6.5K
Tax Rate
1.29%
Purchase Price$500,000.00
Base Tax$6,475.00
Total Tax Payable$6,475.00
Tax Bracket Breakdown
$0 - $55,000
$275.00
0.50% rate
$55,000 - $250,000
$1,950.00
1.00% rate
$250,000 - $400,000
$2,250.00
1.50% rate
$400,000 - $2,000,000
$2,000.00
2.00% rate
Tax Distribution
4.2%
30.1%
34.7%
30.9%
Price Comparison
$300,000
Purchase Price
$2,975
0.99% of price
$500,000
Purchase Price
$6,475
1.29% of price
$750,000
Purchase Price
$11,475
1.53% of price