Land Transfer Tax Guide

Understand your biggest closing cost.

Technical Closing Cost Audit

Land Transfer Tax is a significant up-front cost that cannot be added to your mortgage. Depending on your province and city, this can range from 0.5% to over 4% of your total purchase price.

Provincial Variation

Ontario, BC, and Quebec have unique tiered structures that impact your cash-to-close.

Toronto Municipal Tax

Buying in the 416? You'll face a second municipal-level tax (MLTT) on top of the provincial rate.

Open Precision Calculator

What You Need to Know Before Closing

To ensure the highest accuracy for our readers, the BubbleWatch calculation back-end has been migrated to CalculatorVillage.com. This central hub maintains the latest provincial tax brackets and rebate logic for 2025/2026.

Keep in mind that while first-time buyer rebates can significantly reduce your tax burden (up to $8,475 in Toronto), the funds are still required as part of your total down payment strategy during the closing process.