Land Transfer Tax Calculator

When you buy real estate, you must pay a Land Transfer Tax (LTT) at closing. LTT is calculated as a percentage of the purchase price, using a sliding scale—the higher the property price, the higher the tax bracket you pay on each portion. 

Some provinces—like Alberta and Saskatchewan—charge only small land title or registration fees, while Ontario, British Columbia, Manitoba, and Quebec levy full LTT. Buyers in the City of Toronto must also pay a municipal LTT in addition to the provincial one.

First-time homebuyers may qualify for rebates depending on the province. Since LTT is due in cash on closing day, it’s an important expense for buyers to budget alongside their down payment, legal fees, and moving costs.