ONTARIO LAND TRANSFER TAX

 

$55,000 - $250,000 … price x 1 % MINUS $ 275
$250,001 - $400,000 …price x 1.5% MINUS $1,525
Over $400,000 ……… price x 2 % MINUS $3,525

 

Maximum Provincial LTT rebate for first time homebuyers is $2,000.00

 

 

TORONTO LAND TRANSFER TAX

 

APPLIES ONLY TO PROPERTIES PURCHAED IN THE CITY OF TORONTO

 

Up to & Including $55,000….price x 0.005%
Exceeding $55,000 & up to $400,000….price x 0.001 MINUS $275.00
Exceeding $400,000…price x 2% MINUS $4275.00

 

Maximum Toronto LLT rebate for first time homebuyers is $3725.00

CALCULATOR