How much is land transfer tax in Toronto?

On the average Toronto home price of $1,010,836 (July 2026), combined land transfer tax is approximately $33,383 before any rebate. This is the provincial Ontario LTT ($16,692) plus an equal municipal LTT ($16,692), since Toronto is the only Canadian city that charges both.

Why does Toronto have double land transfer tax?

Toronto is the only municipality in Canada with the legal authority to levy its own land transfer tax, granted under the City of Toronto Act in 2007. The Toronto Municipal Land Transfer Tax (MLTT) took effect in 2008 and uses nearly identical rate tiers to the provincial Ontario LTT, effectively doubling the tax for Toronto buyers.

What is the first-time buyer rebate for Toronto land transfer tax?

First-time buyers in Toronto can claim both rebates: up to $4,000 off the provincial LTT and up to $4,475 off the municipal MLTT, for a combined maximum of $8,475. This fully eliminates LTT on homes priced up to roughly $400,000 and meaningfully reduces it above that.

How much would I save on land transfer tax by buying in Mississauga or Brampton instead of Toronto?

Neither Mississauga nor Brampton charge a municipal land transfer tax, so buyers there pay only the provincial LTT. On a similarly priced home, that can mean $14,000 to $15,000 less in land transfer tax alone compared to buying the equivalent home in Toronto.

Do I pay Toronto MLTT on a pre-construction condo?

Yes. Both the provincial LTT and Toronto MLTT are paid on final closing (occupancy or final transfer of title), calculated on the full purchase price stated in the agreement of purchase and sale, not the deposit amounts paid during construction.

Is Toronto land transfer tax based on the purchase price or the assessed value?

Both the provincial LTT and Toronto MLTT are calculated on the purchase price agreed to in the sale contract, not the municipal property assessment used for annual property tax.

Toronto Land Transfer Tax Calculator 2026

Toronto is the only city in Canada that charges its own municipal land transfer tax on top of the provincial tax, making it by far the most expensive city in the country for this closing cost. This calculator applies both the Ontario Land Transfer Tax (OLTT) and the Toronto Municipal Land Transfer Tax (MLTT) together, along with the combined first-time buyer rebate. If you’re buying elsewhere in Ontario, use the Ontario Land Transfer Tax Calculator instead, since the municipal tax only applies inside Toronto’s city limits.

Land Transfer Tax

The calculator above defaults to “In Toronto” checked, which applies both the provincial LTT and the municipal MLTT. Uncheck it to see the provincial-only amount for comparison.

Why Toronto Has Double Land Transfer Tax

Toronto is the only municipality in Canada with the legal authority to charge its own land transfer tax, granted under the City of Toronto Act in 2006 and first applied in 2008. Every other city in Ontario, including Mississauga, Brampton, Hamilton, and Ottawa, charges only the provincial LTT.

The Toronto Municipal Land Transfer Tax (MLTT) uses nearly the same rate structure as the provincial tax up to $2,000,000, which means the tax is effectively doubled for most Toronto home purchases.

Toronto Land Transfer Tax Rates (2026)

Home Purchase Price	Provincial LTT	Toronto MLTT
First $55,000	0.5%	0.5%
$55,001 to $250,000	1.0%	1.0%
$250,001 to $400,000	1.5%	1.5%
$400,001 to $2,000,000	2.0%	2.0%
$2,000,001 to $3,000,000	2.5%	2.5%
$3,000,001 to $4,000,000	2.5%	3.5%
$4,000,001 to $5,000,000	2.5%	4.5%
$5,000,001 to $10,000,000	2.5%	5.5%
$10,000,001 to $20,000,000	2.5%	6.5%
Over $20,000,000	2.5%	7.5%

Below $2,000,000, both taxes use identical tiers, so the combined rate is simply double the provincial rate shown on the Ontario land transfer tax page.

How Much Is Land Transfer Tax on a Toronto Home in 2026

Using the current City of Toronto average resale price of $1,010,836 (TRREB, July 2026):

Component	Calculation	Amount
Provincial LTT	Tiered on $1,010,836	$16,692
Toronto MLTT	Same tiers on $1,010,836	$16,692
Combined LTT		$33,383
First-time buyer rebate	Up to $4,000 + $4,475	−$8,475
Net LTT (first-time buyer)		$24,908

Toronto Land Transfer Tax by Property Type

Land transfer tax scales directly with price, so Toronto’s property type mix (more condos, fewer detached homes than the rest of the GTA) creates a wide range of outcomes. Using July 2026 TRREB average prices by type:

Property Type	Average Price	Combined LTT (before rebate)
Detached	$1,291,690	$44,618
Semi-detached	$964,922	$31,547
Townhouse	$903,986	$29,109
All types (blended)	$1,010,836	$33,383
Condo apartment	$636,323	$18,403

A first-time buyer purchasing the average Toronto condo would owe $18,403 in combined LTT before rebate, or $9,928 after the full $8,475 combined rebate. A first-time buyer purchasing the average detached home would still owe $36,143 after the same rebate, since the rebate is a fixed dollar cap rather than a percentage.

First-Time Buyer Rebate in Toronto

Toronto first-time buyers can stack both rebates:

Rebate	Maximum Amount	Applies To
Ontario provincial rebate	$4,000	Provincial LTT only
Toronto municipal rebate	$4,475	Municipal MLTT only
Combined maximum	$8,475	Both taxes together

Because the rebates apply separately to each tax, a first-time buyer effectively pays no LTT at all on a Toronto home up to roughly $400,000 combined, and pays only the tax owing above the $8,475 combined cap on more expensive homes. The eligibility rules are the same as the rest of Ontario: you must be a Canadian citizen or permanent resident, at least 18, moving in as your principal residence, and have never owned a home anywhere in the world before.

Toronto vs the 905: How Much You Save Buying Just Outside the City

Because the municipal tax only applies inside Toronto’s own city limits, buyers in neighbouring 905-area cities pay the provincial LTT only, with no MLTT stacked on top. Comparing similarly priced homes using July 2026 averages:

City	Average Price (July 2026)	Total LTT	MLTT Charged?
Toronto	$1,010,836	$33,383	Yes
Mississauga	$899,002	$14,455	No
Brampton	$885,702	$14,189	No
Richmond Hill	$753,914	$11,553	No
Oshawa	$693,677	$10,349	No

Even accounting for the lower average prices in the 905, the gap is stark: a buyer purchasing a similarly priced home in Mississauga or Brampton pays roughly $14,000 to $15,000 less in land transfer tax alone than a Toronto buyer at a comparable price point, simply because the municipal tax doesn’t apply outside city limits. See our Mississauga and Brampton pages for full local cost breakdowns.

Land Transfer Tax in the Rest of Ontario

Every other Ontario city, including Ottawa, Hamilton, London, and the rest of the GTA outside Toronto’s city limits, charges only the provincial LTT with no municipal add-on. Use the Ontario Land Transfer Tax Calculator for the provincial-only calculation, or see our full provincial breakdown for rates in every province and territory.