Calculator

Ontario Land Transfer Tax Calculator

Ontario provincial LTT only · No municipal LTT in Ottawa · FTHB rebate up to $4,000

Property Details

Purchase Price

First-Time Home Buyer?

Ottawa Advantage

Unlike Toronto, Ottawa has NO municipal land transfer tax. You pay only the provincial Ontario LTT, saving thousands compared to purchasing in Toronto.

Land Transfer Tax Owing

$6,475

Tax Bracket Breakdown

First $55,000@ 0.5%

$275

$55,001 – $250,000@ 1.0%

$1,950

$250,001 – $400,000@ 1.5%

$2,250

$400,001 – $2,000,000@ 2.0%

$2,000

Total Ontario LTT$6,475

Factor this into your closing costs. Book a call with Jessy to plan your full purchase budget.

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Ontario Land Transfer Tax: 2024 Brackets

Purchase Price Range	Tax Rate
First $55,000	0.5%
$55,001 – $250,000	1.0%
$250,001 – $400,000	1.5%
$400,001 – $2,000,000	2.0%
Over $2,000,000	2.5%

First-Time Home Buyer Rebate: Ontario provides a land transfer tax rebate of up to $4,000 for eligible first-time buyers. The rebate equals the lesser of the total LTT paid or $4,000.

Ottawa vs Toronto: Toronto buyers pay both the provincial Ontario LTT AND a Municipal Land Transfer Tax (MLTT) of equal amount, effectively doubling their land transfer tax. Ottawa buyers pay only the provincial LTT, saving thousands on every purchase.

Planning Your Ottawa Home Purchase?

→ First-Time Buyer Guide Ottawa → Get Pre-Approved First