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COST OF ONTARIO LAND TRANSFER TAX FOR RESIDENTIAL PROPERTY/PROPERTIES
The following information should help you to calculate land transfer tax in Ontario .
To calculate the total Ontario Land Transfer Tax for residential properties, add the following together:
· 0.5% on the first $55,000 of the purchase price
· 1.0% of the amount from $55,000 to $250,000
· 1.5% of the amount in excess of $250,001 to $400,000
· 2.0% of the amount in excess of $400,000
Calculate the Land transfer using the below calculator
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