Canada Land Transfer Tax Calculator 2026
Last verified · Methodology
Calculate the land transfer tax (LTT) for any Canadian province using 2026 rates. Covers Ontario (including Toronto municipal LTT), British Columbia, Quebec, and all other provinces. First-time buyer rebates are applied automatically where applicable.
Property Details
Ontario LTT on $700,000: tiered rates 0.5% to 2.5%
Rates are approximate 2026 figures. LTT is paid at closing. Alberta and Saskatchewan figures represent registration fees, not traditional LTT. Always verify with a real estate lawyer or notary before closing.
Land Transfer Tax Rates by Province
Land transfer tax is one of the largest closing costs when buying a home in Canada. The rates and rules vary significantly by province, making it essential to calculate before budgeting for your purchase.
Ontario uses a tiered bracket system: 0.5% on the first $55,000, 1% to $250,000, 1.5% to $400,000, 2% to $2 million, and 2.5% above. On a $700,000 home, Ontario LTT is approximately $10,475 before any rebate. Toronto buyers pay a parallel municipal LTT of similar amounts.
British Columbia's Property Transfer Tax starts at 1% on the first $200,000, 2% to $2 million, 3% to $3 million, and 5% above. First-time buyers in BC qualify for a full exemption on properties up to $500,000 and a partial exemption to $525,000.
Quebec's Welcome Tax (taxe de bienvenue) uses lower rates: 0.5% to $55,200, 1% to $276,200, and 1.5% above. Alberta and Saskatchewan have no traditional LTT, charging only modest land title registration fees instead.
| Province | LTT Amount | Notes |
|---|---|---|
| Ontario (outside Toronto) | C$10,475 | Tiered brackets; first-time buyer rebate up to C$4,000 |
| Ontario (Toronto) | C$20,950 | Provincial plus municipal LTT; rebate up to C$8,475 |
| British Columbia | C$14,000 | 1% to C$200k, 2% to C$2M; first-time buyer exemption up to C$500k |
| Quebec (Welcome Tax) | C$8,025 | 0.5% to C$55,200, 1% to C$276,200, 1.5% above |
| Manitoba | C$7,650 | Tiered brackets; first-time buyer rebate up to C$4,500 |
| Alberta | ~C$500 | Registration fee only; no traditional LTT |
Almost all provinces levy some form of property transfer tax. Ontario and British Columbia have the most significant LTT, with tiered rates reaching 2.5% and 5% respectively. Quebec has the Welcome Tax (taxe de bienvenue). New Brunswick, Nova Scotia, PEI, and Newfoundland have lower flat or banded rates. Alberta and Saskatchewan charge registration fees rather than a traditional LTT. Manitoba has a tiered LTT. Territories use flat registration fees.
Yes. Ontario first-time home buyers can claim a rebate of up to $4,000 on provincial land transfer tax. In Toronto, an additional first-time buyer rebate of up to $4,475 applies to the Toronto municipal LTT. Together, these rebates can fully offset the LTT on properties up to approximately $368,000 in Ontario outside Toronto.
The City of Toronto levies its own municipal LTT on top of Ontario's provincial LTT, effectively doubling the LTT burden for Toronto purchases. Both taxes use similar tiered brackets. Toronto first-time buyers qualify for a separate municipal rebate of up to $4,475. This is one reason why purchasing in Toronto is significantly more expensive at closing than elsewhere in Ontario.
For a principal residence, land transfer tax is not deductible from income tax and is not recoverable. It is simply a one-time closing cost. For a rental property or investment property, LTT is added to the adjusted cost base (ACB) of the property, which reduces your capital gains when you eventually sell.
Land transfer tax is paid at closing, coordinated by your lawyer or notary. It is due on the date the property transfer is registered. Your lawyer will include LTT in the closing statement along with legal fees, title insurance, and any property tax adjustments. Budget for it as part of your total closing costs.