Land Transfer
Tax Calculator

Land transfer tax (LTT) is often overlooked when considering the total cost of purchasing a home. All provinces have a land transfer tax, except Alberta and Saskatchewan, who instead levy a much smaller transfer fee. In most provinces the tax is calculated as a percentage of property value, using asking price as a close estimate. Homebuyers in Toronto, however, also incur an additional municipal tax.

To help offset the unwelcome cost, Ontario, British Columbia, Prince Edward Island and the City of Toronto offer land transfer tax rebates for first-time homebuyers.

 

 
Created By
RATEHUB
Curated By
Tyson Gobind
IT and Marketing Manager
RealProperty Transaction Centres Inc.
Reference and Notes
Land Transfer Tax Calculator provided by Ratehub.ca