Toronto Real Estate Listings
August 1st, 2010 
J. Scott Wilson
Sales Representative

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Land Transfer Tax

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

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