Estimate the amount of land transfer tax payable on the sale of a Toronto property
| Toronto rates for property with one or two single family residences | |
|---|---|
| Value of the consideration for a conveyance or disposition | Rate |
| up to and including $55,000.00 | 0.5% |
| $55,000.01 to $250,000.00 | 1% less $275 |
| $250,000.01 to $400,000.00 | 1.5% less $1,525 |
| $400,000.01 to $2,000,000.00 | 2.0% less $3,525 |
| $2,000,000.01 to $3,000,000.00 | 2.5% less $13,525 |
| $3,000,000.01 to $4,000,000.00 | 3.5% less $43,525 |
| $4,000,000.01 to $5,000,000.00 | 4.5% less $83,525 |
| $5,000,000.01 to $10,000,000.00 | 5.5% less $133,525 |
| $10,000,000.01 to $20,000,000.00 | 6.5% less $233,525 |
| Over $20,000,000.00 | 7.5% less $433,525 |
| Toronto rates for all other non-single family residences | |
|---|---|
| Value of the consideration for a conveyance or disposition | Rate |
| up to and including $55,000.00 | 0.5% |
| $55,000.01 to $250,000.00 | 1% less $275 |
| $250,000.01 to $400,000.00 | 1.5% less $1,525 |
| Over $400,000.00 | 2% less $3,525 |
| First-time homebuyers may be eligible for a refund of up to $4,475 | |
For more information please visit Toronto Municipal Land Transfer Tax page
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