Land Transfer Tax

Use the table below to calculate the amount of land transfer tax you will have to pay. Land transfer tax is applied on the sale price only. This is a one time only tax that is payable to the Government based on the cost of your home. First time buyers get a rebate if they buy a new property from a developer. The following information can help you to calculate the land transfer tax in Ontario. This is for informational purposes only and we recommend that you speak with a professional to confirm the amount you will have to pay when buying a property.


Purchase Price Calculation of Land Transfer Tax
0 - $55,000 .005 x Amount
$55,001 - $250,000 (.01 x Amount) minus $275
$250,001 - $400,000 (.015 x Amount) minus $1,525
$400,000 + (.02 x Amount) minus $3,525

How Much Can You Afford?

Our calculators will help you determine loan amounts, mortgage qualification, affordability or whether you should be renting or buying. Complete the fields below and click Calculate Now.


To view the results of each calculation, click on the various tabs. To email yourself a copy of the results, click the Receive this Detailed Analysis link.

Required Fields
Estimate Insurance to of Cost
Estimate Tax to of Cost
Optional Fields
Receive Detailed Analysis  Receive this Detailed Analysis

Your Monthly Payments
Loan Amount:
Loan Insurance (%):
Total Loan (Mortgage) Amount:
Principal & Interest:
Homeowners Insurance:
Property Taxes:
Condo Fees:
Monthly Loan Insurance (%):
Total Monthly Payment:
Income Needed to Qualify for the Mortgage
Total Monthly Loan Payment:
Total Monthly Debt Payment:
Monthly Loan Insurance (%):
Qualifying Income of % GDS Ratio:
Qualifying Income of % TDS Ratio:
What You Can Afford
We are using the % ratio.
Cost of House:
Down Payment:
Loan Value:
Monthly Principal & Interest:
Monthly Insurance:
Monthly Property Tax:
Monthly Condo Fees:
Cost of House = [(Monthly income x Debt Ratio) –
monthly tax – monthly insurance – condo fee] /
(monthly interest rate/ function of interest rate)
Monthly Rent: $
Annual Rental Increases:  %
Monthly Renter Insurance: $
Savings or Investment Rate:  %
Planned # of years in home: 
Yearly appreciation of the home:  %
Annual home maintenance:  %