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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.

Disclaimer

The mortgage calculators provided on this website are for general informational and illustrative purposes only. The results generated are based on user-entered information and standardized assumptions regarding interest rates, amortization periods, debt service ratios, stress test requirements, property taxes, and other inputs.

These tools do not constitute financial advice, mortgage advice, a mortgage approval, or a commitment to lend.

Actual mortgage qualification and terms depend on many factors, including but not limited to:

  • Verification of income and employment

  • Credit history and credit score

  • Existing debt obligations

  • Down payment source and documentation

  • Property type and location

  • Applicable federal and provincial regulations

  • Specific lender underwriting policies and guidelines

Lender policies and regulatory requirements may change without notice and may differ between financial institutions. As a result, the outcomes produced by these calculators may not reflect the final mortgage approval amount, interest rate, product structure, or conditions offered by a lender.

For advice tailored to your individual circumstances, please consult with me.

Mortgage services are provided in accordance with applicable provincial legislation, including the Mortgage Brokerages, Lenders and Administrators Act, 2006 (Ontario) and regulated by the Financial Services Regulatory Authority of Ontario (FSRA) where applicable.