Calculator
Ontario land transfer tax, worked out.
Enter a price to see exactly how the provincial tax is calculated, bracket by bracket — and what a first-time buyer gets back.
Ontario land transfer tax
$9,475
| Portion of price | Rate | Tax |
|---|---|---|
| $0 – $55,000 | 0.5% | $275 |
| $55,000 – $250,000 | 1.0% | $1,950 |
| $250,000 – $400,000 | 1.5% | $2,250 |
| $400,000 – $2,000,000 | 2.0% | $5,000 |
Orillia, Severn, Oro-Medonte, Ramara, Barrie and Gravenhurst have no municipal land transfer tax. Estimate only — your lawyer calculates the final amount on closing.
Questions people ask
How much is land transfer tax on a $600,000 home in Orillia?
Ontario land transfer tax on a $600,000 home is $8,475. Orillia has no municipal land transfer tax, so that's the total. A qualifying first-time buyer would get up to $4,000 back, bringing it to $4,475.
Do Barrie or Orillia charge a municipal land transfer tax?
No. In Ontario only the City of Toronto charges a municipal land transfer tax. Buyers in Orillia, Barrie, Severn, Oro-Medonte, Ramara and Gravenhurst pay the provincial tax only.
Who qualifies for the first-time buyer refund?
Generally, you must be at least 18, never have owned a home (or an interest in one) anywhere in the world, and occupy the home as your principal residence within nine months of buying. Your spouse can't have owned a home while being your spouse. The refund is up to $4,000.
When do I pay land transfer tax?
On closing. Your real estate lawyer collects it and registers it with the transfer, and usually claims the first-time buyer refund at the same time.
Buying in lake country?
Have Jordan watch the market for you.
Tell Jordan what you're after and get the right properties flagged — including the ones with septic, well, shoreline or zoning issues worth knowing about before you fall in love.
Jordan Rossman
REALTOR®, Sales Representative
Real Broker Ontario Ltd.