Canadian Land Transfer Tax Calculator (Provincial & Municipal)
Calculate provincial land transfer tax and Toronto municipal LTT (MLTT) with first-time home buyer rebates up to $8,475.
Calculate provincial land transfer tax and Toronto municipal LTT (MLTT) with first-time home buyer rebates up to $8,475.
Calculate provincial land transfer tax and Toronto municipal LTT (MLTT) with first-time home buyer rebates up to $8,475. Calculate exact, penny-accurate projections compliant with 2026 CRA • Bank of Canada standards using Calconova's deterministic IEEE-754 (Decimal.js) calculation engine with instant breakdowns.
Total Net Land Transfer Tax Due at Closing
$14,475.00
Includes $8,475.00 in First-Time Home Buyer Rebates!
Provincial LTT
$7,475.00
Rebate: -$4,000.00
Toronto Municipal LTT
$7,000.00
Rebate: -$4,475.00
Net LTT = (Provincial LTT - Prov Rebate) + (Municipal LTT - Muni Rebate)Applies graduated provincial sliding brackets, municipal surtaxes (Toronto), and first-time buyer rebate deductions.
All calculations, amortizations, and scenario projections displayed on this page are strictly for informational and educational purposes. Nothing herein constitutes investment, financial, tax, or legal advice. Actual CRA tax brackets, provincial taxes, Bank of Canada rates, and lender criteria may vary. Calconova explicitly disclaims all liability for any decisions taken based upon these calculations. Consult a qualified financial advisor or CPA prior to executing financial commitments.
The City of Toronto is the only municipality in Ontario authorized under the City of Toronto Act to levy its own Municipal Land Transfer Tax (MLTT) in addition to the Ontario Provincial Land Transfer Tax (PLTT), effectively doubling the closing tax cost.
First-time buyers in Ontario receive up to $4,000 off the provincial tax. In Toronto, qualifying first-time buyers also receive up to $4,475 off the municipal tax, for a combined total savings of up to $8,475.
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