Land Transfer Tax

Land Transfer Tax

Ontario
General Fees
Over $ 55,000 0.50%
For land with 1 or 2 single-family home + 0.5% over $400,000
Between: $ 55,000 and $250,000 1.00%
Over $ 250,000 1.50%
Toronto
General Fees
Over $ 55,000 0.50%
Between: $ 55,000 and $400,000 1.00%
Over $ 400,000 2.00%
 

Ontario

General Fees
Less than $ 55,0000.50%
Over $ 55,0001.00%
Between: $ 55,000 and $250,0001.00%
Between: $250,000 and $400,0001.50%
Over $ 400,0002.00%
For land with 1 or 2 single-family home2.50% over $2,000,000

Toronto

GeneralFees
Less than $ 55,0000.50%
Over $ 55,0001.00%
Between: $ 55,000 and $250,0001.00%
Between: $250,000 and $400,0001.50%
Over $ 400,0002.00%
Over $2,000,0002.5%

Effective January 1, 2017 the above new Ontario land transfer tax rates take effect. Toronto Land Transfer Tax rates have not changed for now.