Friday September the 10th, 2010

Hamed Mahmood Salehi
Real Estate Broker

HomeLife/Bayview Realty Inc., Brokerage Independently Owned and Operated

201-505 Highway 7 East
Thornhill, ON L3T 7T1

Phone: 905.889.2200
Fax: 905.889.3322
Direct Tel: (416) 451-3473

Ontario and Toronto Land Transfer Tax Calculator

Use the form below to calculate the amount of land transfer tax you will have to pay. Land transfer tax is applied on the sale price only.

Ontario Land Transfer Tax Explained

Ontario Land Transfer Tax

0.5% - on the first $55,000
1.0% - on portion between $55,000 - $250,000
1.5% - on balance over $250,000
2.0% - on anything over $400,000
Qualifying first time buyers receive a $2000 credit

Toronto Land Transfer Tax

0.5% - on the first $55,000
1.0% - on portion between $55,000 - $400,000
2.0% - on anything over $400,000
First time buyers are exempt on the first $400,000

Click here for more information about Provincial and Toronto Land Transfer Tax Calculation

Our calculators are not intended to provide investment advice. We can not and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

FREE MONTHLY NEWSLETTER

Mortgage Calculator | Land Transfer Tax Calculator | Mortgage Insurance Calculator | Rent vs Buy Calculator | Max Mortgage you can Afford

Home | Top | Printer Friendly | +Bookmark | Privacy Policy

Disclaimer

The information contained herein and/or linked to this page, while believed to be accurate, is not warranted to be so.
It is up to the individual to verify any details that are of importance to them.
Listings here do not represent all Toronto MLS listings however
as a member of Toronto Real Estate Board, we have access to all Toronto MLS listings.
Trademark owned or controlled by The Canadian Real Estate Association. Used under license.
It is not intended to cause or induce breach of, cancellation of, or assignment of any existing written Agency Agreement
or to interfere in any way with the existing written Agency Agreement.