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