HomeLife Silvercity Realty Inc.
201-11775 Bramalea Rd, Brampton, L6R 3Z4
Karan Sokhey
Sales Representative
Land Transfer Tax Refunds
First-time buyers in Ontario are eligible for significant rebates on both Provincial and Municipal (Toronto) land transfer taxes.
Try Our Instant Calculator
Calculate your specific LTT and Rebate based on your purchase price.
Open LTT CalculatorOntario Land Transfer Tax Rates
| Purchase Price Range | Marginal Tax Rate |
|---|---|
| First $55,000 | 0.5% |
| $55,000.01 to $250,000 | 1.0% |
| $250,000.01 to $400,000 | 1.5% |
| $400,000.01 to $2,000,000 | 2.0% |
| Over $2,000,000 | 2.5% |
Max Rebate: $4,000 (Covers LTT fully for homes up to $368,000).
Toronto Municipal Land Transfer Tax (MLTT)
If buying within Toronto city limits, a second tax applies. First-time buyers can receive an additional rebate of up to $4,475.