Land Transfer Tax Calculator:
Land transfer tax is paid by buyers while getting the title transferred in their name of the subject property.
Ontario Land Transfer Tax:
Up to $55,000x 0.5% of the purchased value
From $55,000 to $250000 x 1% of the purchased price, less $275
From $250,000 to $400,000 x 1.5% of the purchased price, less $1525
From $400000 up x 2% of the purchased price, less $3535
Additional New Toronto’s Land Transfer Tax:
Up to $55000x 1/2% of the purchased price
1% from $55,000 to $400,000
2% on over $400,000
First Time Buyer exempt unto $400,000
For more information on Tax Calculations, or if you are planning to buy or sell your home you can call one of our Mortgage Expert.
We are here to Help You!
Contact our Mortgage Professional today
Apply
Apply for your Mortgage Options
Consultation
We welcome you to make an appointment with our Mortgage Brokers. Free Consultation.
Call
Call a Mortgage Broker at 1.855.5.FINSER (346737).