The Toronto Land Transfer Tax is applicable to all transfers of property within the city limits of Toronto, Ontario with closing dates on or after February 1, 2008.
The Toronto Land Transfer Tax is in addition to the Ontario Land Transfer Tax.
The Toronto Land Transfer Tax will be charged on a graduated basis depending on the value of consideration paid for the property.
For property containing at least one, and not more than two, single family residences:
| Value of Consideration | MLTT Rate |
| Up to and including $55,000 | 0.5% plus |
| Over $55,000.00 to $400,000 | 1.0% plus |
| Over $400,000 | 2.0% |
| Value of Consideration | MLTT Rate |
| Up to and including $55,000 | 0.5% plus |
| Over $55,000.00 to $400,000 | 1.0% plus |
| Over $400,000.00 to $40,000,000 | 1.5% plus |
| Over $40,000,000 | 1.0% |
Calculate all your closing costs including Legal Fees, Land Transfer Tax, Government Registration Fees, Title Insurance, balance of your purchase price and more!
Calculate all your closing costs including Legal Fees, Land Transfer Tax, Government Registration Fees, Title Insurance, balance of your purchase price and more!
Website Terms of Use & Disclaimer | Privacy Policy | Contact Us | FAQ
Copyright © 2024 LandTransferTax.com. All Right Reserved.
