Calculate provincial land transfer tax and Toronto municipal LTT (MLTT) with first-time home buyer rebates up to $8,475.
Total Net Land Transfer Tax Due at Closing
R$ 14.475,00
Includes R$ 8.475,00 in First-Time Home Buyer Rebates!
Provincial LTT
R$ 7.475,00
Rebate: -R$ 4.000,00
Toronto Municipal LTT
R$ 7.000,00
Rebate: -R$ 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.
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