One of the biggest closing-day costs, and easy to forget. Estimate your land transfer tax in Ontario, Toronto, or BC, with first-time buyer rebates applied.
| Portion of price | Rate |
|---|---|
| First $55,000 | 0.5% |
| $55,000 to $250,000 | 1.0% |
| $250,000 to $400,000 | 1.5% |
| $400,000 to $2,000,000 | 2.0% |
| Over $2,000,000 | 2.5% |
The 2.5% band applies where the land contains one or two single family residences, which covers most home purchases. Other property types stay at 2.0% above $400,000.
Buying in Toronto? You pay a municipal land transfer tax on top of the provincial one, with the same tiers up to $2M and steeper rates above that (as of April 1, 2026, up to 8.6% on the portion over $20M), which roughly doubles the bill for most homes. Ontario first-time buyers can claim up to $4,000 back, and Toronto first-time buyers up to a further $4,475.
1% on the first $200,000, 2% up to $2,000,000, 3% above $2,000,000, and an extra 2% on the residential portion over $3,000,000.
BC's first-time buyer exemption is generous but it tapers. A home valued at $500,000 or less is fully exempt. Between $500,000 and $835,000 the exemption is a flat $8,000. Between $835,000 and $860,000 it shrinks proportionally to nothing, and above $860,000 there is none. This calculator applies that taper.
Alberta and Saskatchewan don't charge land transfer tax, only smaller title and mortgage registration fees.
Every rate and threshold on this page comes from the government that sets it. Rates change, so the date each source was last checked is shown.
This tool does not include the City of Toronto's MLTT administration fee, the Non-Resident Speculation Tax, or lawyer and registration fees. It is education, not a legal or tax opinion. Confirm the exact amount with your real estate lawyer before closing.
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