Ontario Residential Land Transfer

Tax Rates

Purchase Price	Tax Applied	Purchase Price	Tax Applied
$55,000	$275	$550,000	$7,475
$75,000	$475	$600,000	$8,475
$100,000	$725	$650,000	$9,475
$125,000	$975	$700,000	$10,475
$150,000	$1,225	$750,000	$11,475
$175,000	$1,475	$800,000	$12,475
$200,000	$1,725	$850,000	$13,475
$225,000	$1,975	$900,000	$14,475
$250,000	$2,225	$950,000	$15,475
$275,000	$2,600	$1,000,000	$16,475
$300,000	$2,975	$1,100,000	$18,475
$325,000	$3,350	$1,200,000	$20,475
$350,000	$3,725	$1,300,000	$22,475
$375,000	$4,100	$1,400,000	$24,475
$400,000	$4,475	$1,500,000	$26,475
$425,000	$4,975	$1,750,000	$31,475
$450,000	$5,475	$2,000,000	$36,475
$475,000	$5,975	$2,500,000	$46,475
$500,000	$6,475	$3,000,000	$56,475

The formula for calculating the total land transfer tax is as follows:
0.5% on the first $55,000
Plus 1% of the amount from $55,001 to $250,000
Plus 1.5% of the amount in excess of $250,001 to $400,000
Plus 2% of the amount in excess of $400,001