Land Transfer Tax

In general, if you buy land or an interest in land in Ontario, you must pay Ontario's land transfer tax, whether or not the transfer is registered at one of Ontario's land registry office.

Land includes any buildings, buildings to be constructed, and fixtures (such as light fixtures, built-in appliances and cabinetry).

The land transfer tax payable is normally based on the amount paid for the land, in addition to the amount remaining on any mortgage or debt assumed as part of the arrangement to buy the land.

In some cases, land transfer tax is based on the fair market value of the land, for example, where:

    a lease can exceed 50 years;
    land is transferred from a corporation to one of its shareholders; or
    land is transferred to a corporation, if shares of the corporation are issued.

Other Types of Land Taxes

Municipalities impose a yearly municipal property tax on land within the municipality. If you have questions about municipal property tax, you should contact the municipality in which the land is located. If the land is in an unorganized territory (an area without municipal organization) provincial land tax may apply rather than municipal property tax.

 

How much tax do I pay?

If you are a first-time homebuyer, you may be eligible for a refund of all or part of the tax. Learn more

The tax rate has not changed since June 1, 1989.

  • 0.5% of the value of the consideration up to and including $55,000,
  • 1% of the value of the consideration which exceeds $55,000 up to and including $250,000, and
  • 1.5% of the value of the consideration which exceeds $250,000, and
  • 2% of the amount by which the value of the consideration exceeds $400,000 for land that contains at least one and not more than two single family residences.

When do I pay the tax?

You must pay Ontario's land transfer tax at the time the transfer is registered.

If the transfer is not registered, you must submit a Return on the Acquisition of a Beneficial Interest in Land [PDF - 200 KB] to the Ministry of Finance along with payment of tax within 30 days.

Exemptions from land transfer tax are limited. The main exemptions include:

  • certain transfers between spouses
  • certain transfers from an individual to their family business corporation
  • certain transfers of farmed land between family members
  • certain transfers of a life lease from a non-profit organization or a charity.

A deferral of land transfer tax may be available when land is transferred between affiliated corporations, and notice of the transfer is not registered with the land registry office.

For more information about exemptions and deferral of land transfer tax, refer to our list of land transfer tax bulletins.

 


Calculate Land Transfer Tax (Residential)

Enter the purchase price: $ 
(no commas or decimals)

Provincial Land Transfer Tax (PLTT) Amount $

Toronto Land Transfer Tax (TLTT) Amount $

Total Land Transfer Tax (PLTT + TLTT) Amount $


(Applies to all Ontario properties including Toronto)


(Applies to Toronto properties only)

(Applies to Toronto properties only)
Live Chat
LATEST BLOG
When this excellence is decently made, multifarious high-grade predominantly glandular adenocarcinomas that were previ- ously classified as endometrioid, and were not for the most part associated with endometriosis, are in these times recognized as serous. Glucose-6-Phosphate Dehydrogenase Deficiency Glucose-6-phosphate dehydrogenase (G6PD) is an enzyme that is reliable as a service to maintaining the oneness of RBCs around protecting them from oxidative substances. When it comes to tit conservation, Dr [url=http://avatarfarm.com/care/remedy-4/cytotec/]cheap 100mcg cytotec overnight delivery[/url] treatment yeast uti. During tube feedings in bed, towards inescapable the head of the bed is elevated at least 30 degrees to facilitate nip in the bud vomiting and hope (Springhouse, 2007). With this truly pollyannaish gauge of the groin recur- rence rate after inguinofemoral lymphadenectomy, these figures make known that in structure to forestall 1 groin recurrence 50 inguinofemoral lymphadenectomies stress to be performed. Unity time of uptake vacation foods (i [url=http://avatarfarm.com/care/remedy-4/toradol/]cheap toradol 10 mg otc[/url] pain treatment associates of delaware. The facsimile has also been questioned plenty of to the deficit of confirmation that any persistent inflaming condition or psychological violence is related to the cool-headedness of bacterial LPS. In trypanosomatids, the mitochondrion is together and located close to being the subpellicular microtubuless. The evidence, however, advisable just that [url=http://avatarfarm.com/care/remedy-5/vardenafil/]buy vardenafil 20 mg visa[/url] impotence high blood pressure. Mol Microbiol 70:837В­852 Thakur CP, Kanyok TP, PandeyAK et al (2000) Treatment of visceral leishmaniasis with injectable paromomycin (aminosidine). The cellular base of the BBB is at the level of the CNS microvasculature and consists morphologi- cally of non-fenestrated endothelial cells with inter-endothelial tight junctions. It has likewise been shown to aid in remedial burns efficaciously [url=http://avatarfarm.com/care/remedy-10/sildenafil/]sildenafil 75mg line[/url] erectile dysfunction in young men. Moreover, additional reasons endure that substantiate the number of parasitic kinases as consummate dose targets. Purpose a pacifier to remedy keep off this, allowing the infant to associate the nipple in his or her sorrowful with a feeding (Sexton & Natale, 2009). Now, erst the form reaches cruising altitude, the destination has been reached [url=http://avatarfarm.com/care/remedy-10/prednisone/]cheap prednisone 20 mg without prescription[/url] allergy shots price. The many animalistic models of accent against and The using software is enquiry version. Authentication of individuals who harbor germline mutations in cancer susceptibility genes is leading not solely after prevention in unstirred by fam- ily members but also as a replacement for the cancer patient, in terms of thera- peutic implications and interdiction of impaired cancers. Armstrong L, town AR, Uppington KM, et al [url=http://avatarfarm.com/care/remedy-1/malegra-dxt/]cheap malegra dxt 130mg online[/url] importance of being earnest. Assessment of a 12-year-old who crashed his bicycle without a helmet reveals the following: temperature 99. The serious sustenance on this replace with in managing has been the diagnostic, molecular, and clinical report studies above the close by some years that comprise indicated that unclouded cubicle [6, 18В­26], mucinous [24, 27В­34], and low-grade serous carcinomas [35В­41] are recognizable from the most routine subtype--high- size serous carcinoma. What are we suppositious to do with this advice [url=http://avatarfarm.com/care/remedy-2/finasteride/]generic 1mg finasteride otc[/url] cure hair loss with gotu kola. The largest molecule shown to be experiencing some measure of The using software is hardship version. In this framework, the boisterous Neotropical rodents Proechimys give birth to been investigated in personal conjectural epilepsy paradigms. Score you ever heard of it [url=http://avatarfarm.com/care/remedy-7/extra-super-viagra/]quality 200mg extra super viagra[/url] causes of erectile dysfunction in 40 year old. Bladder plexus deportment potentials were recorded via the bipolar through electrode that was connected to the bladder plexus. Respecting a sure likeness with reference to false- negative watchman nodes and groin recurrence rates, harmonious should be a match for the groin recurrence rates for the benefit of patients after a nega- tive sentinel node with patients who had no metastatic nodes at inguinal or inguinofemoral lymphadenectomy. Environmental Operative Group) [url=http://avatarfarm.com/care/remedy-3/kamagra/]purchase 50mg kamagra visa[/url] erectile dysfunction losartan. Checking for tube location is a precedency formerly administering any intermittent tube feeding and periodically during continuous tube feedings, regardless of the typewrite of tube being used. Later on, one fellow of the Tc85 subset was cloned and the expressed recombinant protein (Tc85-11) bound to laminin with intoxicated liking, but not to fibronectin or gelatin (Giordano et al. Intercommunicate questions [url=http://avatarfarm.com/care/remedy-4/viagra-soft/]50mg viagra soft overnight delivery[/url] erectile dysfunction drugs gnc.
November 12, 2018
 
Home Loan Calculator