HomeLife Silvercity Realty Inc.
201-11775 Bramalea Rd, Brampton, L6R 3Z4
Karan Sokhey
Sales Representative
Tax & Closing Costs
Calculate Land Transfer Tax, legal fees, and the cash needed to close on your home.
Land Transfer Tax Refunds
First-time buyers in Ontario are eligible for significant rebates on both Provincial and Municipal (Toronto) land transfer taxes.
Ontario Tax Rates (Provincial)
| First $55,000 | 0.5% |
| $55k – $250k | 1.0% |
| $250k – $400k | 1.5% |
| $400k – $2M | 2.0% |
Max Provincial Rebate: $4,000
Buying in Toronto? You pay a second Municipal tax (MLTT). First-time buyers can receive an additional rebate of up to $4,475.
Instant LTT Estimator
Estimate your closing tax for Ontario properties.
Estimated Tax Due
$0.00
*Excludes Toronto Municipal LTT. Final figures provided by your solicitor.