Real Estate Tool

Toronto Land Transfer Tax Calculator

Calculate Ontario land transfer tax and Toronto municipal land transfer tax with first-time buyer rebates and NRST scenarios.

Total land transfer tax

$26,950

Ontario LTT

$13,475

Toronto MLTT

$13,475

Effective rate

3.17%

Ontario LTT $13,475Toronto MLTT $13,475

Purchase price

Location

Property type

Buyer details

First-time home buyer

Eligible for Ontario rebate (up to $4,000) and Toronto rebate (up to $4,475)

Non-resident / foreign buyer

Non-Resident Speculation Tax (NRST) of 25% applies on residential

Quick reference

Ontario LTT (gross)$13,475

Toronto MLTT (gross)$13,475

Total payable$26,950

LTT calculation summary

Purchase price

$850,000

Ontario LTT (gross)

$13,475

Ontario LTT (net)

$13,475

Toronto MLTT (gross)

$13,475

Toronto MLTT (net)

$13,475

TOTAL land transfer tax

$26,950

Effective tax rate

3.17%

Toronto "Double" TaxBuyers in Toronto pay both provincial and municipal LTT. On this purchase, the Toronto MLTT adds $13,475 on top of the provincial tax — making your total tax burden 142% higher than if you bought elsewhere in Ontario.

Last updated: May 2026

Why Toronto buyers need a separate calculator

Buyers inside Toronto often face two land transfer taxes on the same purchase: the Ontario provincial tax and the Toronto municipal tax. That makes Toronto closing costs materially different from a purchase in Mississauga, Vaughan, or another Ontario city.

What this calculator models

Ontario LTT for Toronto and the rest of Ontario.
Toronto MLTT for purchases inside city boundaries.
First-time buyer rebate scenarios, including partial ownership cases.
NRST for qualifying non-resident residential purchases.

Worked example

A buyer looking at a home in Toronto can compare the full tax stack against the same purchase price outside Toronto. That makes the calculator useful for location comparisons as well as first-time buyer budgeting.

Related calculators

You can also compare broader affordability with Mortgage Qualifier Canada or review other property tax pages in our real estate tools hub.

Frequently asked questions

Does this calculator include both Ontario LTT and Toronto MLTT?

Yes. The calculator estimates Ontario land transfer tax and, when the property is inside Toronto, the Toronto municipal land transfer tax as well.

Does it account for first-time buyer rebates?

Yes. It lets you model Ontario and Toronto first-time buyer rebate scenarios, including shared ownership cases where the rebate may be reduced.

Does NRST apply here?

Yes. If you toggle the non-resident buyer scenario for a residential purchase, the calculator adds Ontario's Non-Resident Speculation Tax on top of the transfer taxes.