May 25, 2013
Sheila Fennell
Broker
sheilafennell@bell.net
RE/MAX First Realty Ltd.,
Brokerage
Independently owned & operated
304 Brock St. South,
2nd Floor Whitby, Ontario
L1N 4K4
Toll Free: (877) 520-3700
Helping you make the move in Pickering, Ajax, Whitby & Oshawa!
| Land Transfer Tax Calculator |  |
Use the form below to calculate the amount of land transfer tax you will have to pay. Land transfer tax is applied on the sale price only.
Land Transfer Tax Calculator
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 $2000 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
