Land Transfer Tax Calculator
Calculate Land Transfer Tax (Residential)
* First Time Home Buyers Alert
Provincial Land Transfer Tax - First time home buyers of new AND re-sale homes will receive a maximum rebate of $2,000. Simply subtract $2000 from the number shown on the Tax Calculator for Provincial Land Transfer Tax.
Toronto Land Transfer Tax - First time home buyers of new AND re-sale homes will receive a rebate of up to $3,725 which is the equivalent to the tax payable on a $400,000 property. The tax is 2% for any amount above $400,000. Simply subtract $3,725 from the number shown on the Tax Calculator for Toronto Land Transfer Tax.
This calculator is for demonstration purposes only. Urbanlife Realty does not guarantee that all calculations are accurate. Always consult a professional financial advisor before making personal financial decisions.