Estimate the amount of land transfer tax payable on the sale of a Toronto property
| Toronto Rates | |
|---|---|
| Value of the consideration for a conveyance or disposition | Rate |
| up to and including $55,000 | 0.5% |
| exceeding $55,000, up to and including $250,000 | 1% less $275 |
| exceeding $250,000, up to and including $400,000 | 1.5% less $1,525 |
| For property with one or two single family residences: | |
| exceeding $400,000, up to and including $2,000,000 | 2% less $3,525 |
| exceeding $2,000,000 | 2.5% less $13,525 |
| For all other property: | |
| exceeding $400,000 | 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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