Wednesday July the 23rd, 2008 
Toronto: 416.762.4200  Mississauga: 905.896.3333

Welcome to Sutton Group Realty Systems Inc. Brokerage Independently Owned & Operated

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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.

 
Purchase Price: $
- I am a first time home buyer
- I am purchasing a property located in Toronto
Total Land Transfer Tax:

$

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

sutton group-realty systems inc., brokerage*

*independently owned and operated

Phone:  905.896.3333

Fax:  905.848.5327

1528 Dundas Street West

Mississauga ON L5C 1E4

Phone:  416.762.4200

Fax:  416.762.6829

2186 Bloor St. West

Toronto ON M6S 1N3

Phone:  905.827.6999

Fax:  905.848.5327

589 Sunnyvale Cres.

Milton ON L9T 4N1

 

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