Last updated: May 4, 2022
What this tool is all about:
This tool lets you get an estimate of what your land transfer tax will be when you purchase a Ontario property.
No, not all provinces in Canada have land transfer tax. The provinces that have land transfer tax are:
Some areas in Canada will charge both provincial and municipal land transfer tax.
All other remaining provinces and territories charge registration fees based on the value of the property being bought or transferred. These fees are usually much lower compared to typical Canadian land transfer tax rates.
|Purchase Price of Property||Marginal Tax Rate|
|Up to and including $55,000||0.5%|
|$55,000.01 to $250,000||1%|
|$250,000.01 to $400,000.00||1.5%|
|$400,000.01 to $2,000,000||2%|