Land Transfer Tax Calculator
Calculate the land transfer tax (LTT) for a property purchase in Ontario, Canada, including the municipal tax for Toronto if applicable.
Published by:
isCalculator Editorial Team
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How to use this tool?
How to Use the Land Transfer Tax Calculator
- Enter the purchase price of the property in the Purchase Price field (e.g., 500000 for $500,000). Only non-negative numbers are accepted.
- Check the box labeled Located in Toronto if the property is within Toronto city limits. This adds an additional municipal tax.
- Click the Calculate Tax button to compute the land transfer tax.
- View the result – the total tax is displayed prominently, along with a breakdown showing provincial tax and municipal tax (if applicable).
Note: The calculator uses progressive tax brackets for both provincial and Toronto municipal taxes. All amounts are in Canadian dollars. If you enter an invalid value, an error message will appear below the input field.
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Frequently Asked Questions
Land transfer tax is a one-time tax paid when you purchase a property. In Ontario, it is calculated based on the purchase price using a marginal tax rate system.
Yes, the calculator includes an option to add the Toronto Municipal Land Transfer Tax (MLTT) if the property is located in Toronto.
The provincial tax uses marginal rates: 0.5% on first $55k, 1% on $55k-$250k, 1.5% on $250k-$400k, 2% on $400k-$2M, and 2.5% over $2M. Toronto municipal tax: 0.5% on first $55k, 1% on $55k-$400k, 2% over $400k.
