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 EMAIL US          LAND TRANSFER TAX      SITE MAP

Nick Boothby's Land Transfer Tax
Calculator and Table

Land Transfer Tax is payable by the purchaser on the amount paid for the new home. This applies if the home was sold at fair market value as occurs in a normal sale.

The Ontario Ministry of Finance defines Land Transfer Tax as follows:

"Land transfer tax is imposed on the acquisition of an interest in land by registered conveyance or unregistered disposition. Every person obtaining an interest in land is liable to land transfer tax. The tax is calculated on the value of the consideration for the transfer. In certain circumstances the Land Transfer Tax Act (Act) deems the value of the consideration to be the fair market value of the land. The Act defines land to include the land itself, buildings, estates, options, leasehold interests and fixtures."

Calculate Land Transfer Tax

Use this handy Land Transfer Tax calculator to help you estimate your closing costs, or look up the tax on the Land Transfer Tax Table below.
Do Not use commas when entering amounts. This calculator is intended for residential use, not commercial.

Enter Cost of House:

Tax Due:

Land Transfer Tax Table
VALUE TAX     VALUE TAX     VALUE TAX      VALUE TAX
$50,000.00 $250.00      $170,000.00 $1,425.00      $290,000.00 $2,825.00      $450,000.00 $5,475.00
60,000.00 325.00      180,000.00 1,525.00      300,000.00 2,975.00      500,000.00 6,475.00
70,000.00 425.00      190,000.00 1,625.00      310,000.00 3,125.00      550,000.00 4,475.00
80,000.00 525.00      200,000.00 1,725.00      320,000.00 3,275.00      600,000.00 8,475.00
90,000.00 625.00      210,000.00 1,825.00      330,000.00 3,425.00      650,000.00 9,475.00
100,000.00 725.00      220,000.00 1,925.00      340,000.00 3,575.00      700,000.00 10,475.00
110,000.00 825.00      230,000.00 2,025.00      350,000.00 3,725.00      750,000.00 11,475.00
120,000.00 925.00      240,000.00 2,125.00      360,000.00 3,875.00      800,000.00 12,475.00
130,000.00 1,025.00      250,000.00 2,225.00      370,000.00 4,025.00      850,000.00 13,475.00
140,000.00 1,125.00      260,000.00 2,375.00      380,000.00 4,175.00      900,000.00 14,475.00
150,000.00 1,225.00      270,000.00 2,525.00      390,000.00 4,325.00      950,000.00 15,475.00
160,000.00 1,325.00      280,000.00 2,675.00      400,000.00 4,475.00      1,000,000.00 16,475.00

Read some of Nick Boothby's and Christine DeMerchant's useful articles on Real Estate Topics.

Take advantage of Nick's experience and research. Before buying or selling Read: Nick and Christine's useful informative articles.
 

Selling FAQ

Have a look at the most Common Questions about selling and purchasing homes. Nick Boothby has compiled dozens of questions in this informative FAQ.

A "must read" before buying or selling a home.
FAQ on SELLING
FAQ on PURCHASING

Nick Boothby and Christine DeMerchant
Realtors / Sales Representatives
Royal LePage Homeward, Brokerage
Independently Owned and Operated
1858 Queen St. E., Toronto, On, M4L 1H1, Canada
tel: 416-698-2090   fax: 416-693-4284
cell: 416-319-7575     emails: Nick  Christine

Not intended to solicit Sellers or Buyers currently under written contract with another Realtor
Disclaimer: Nick Boothby and his team take great care in insuring the accuracy of our facts but some information cannot be verified. We do not warrant or assume any legal liability or responsibility for the accuracy, completeness, or usefulness of any information, apparatus, product, or process discussed or presented.
Nick Boothby strongly urges questions on Land Transfer Taxes to be directed to proper authorities. Information on this web page is given for the purpose of information only, and is not to be considered as expert advice. We are expert in real estate not taxation, consult your accountant or lawyer.