Howard Rothschild
Sales Representative

RE/MAX West Realty Inc.
Brokerage
Independently owned and operated

1678 Bloor Street W., Toronto, Ontario

 

 

Cell: 416-712-9181

Office: 416-769-1616

Fax: 416-769-1524


 

Web: www.ilovethishouse.ca

Email: howard@ilovethishouse.ca

 

Land Transfer Tax Calculator

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Ontario Land Transfer Tax Explained

  • 0.5% - on the first $55,000
  • 1.0% - on portion between $55,000 - $250,000
  • 1.5% - on balance over $250,000
  • 2.0% - on anything over $400,000
  • Qualifying first time buyers receive up to a $4000 credit

Toronto Land Transfer Tax Explained

  • 0.5% - on the first $55,000
  • 1.0% - on portion between $55,000 - $400,000
  • 2.0% - on anything over $400,000
  • First time buyers are exempt on the first $400,000
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