Land Transfer Tax Calculator
When purchasing a home or land in Niagara or anywhere in Ontario, the land transfer tax is one of several applicable closing costs to consider. Use our calculator to quickly estimate your fee.
Purchase Price | Rate |
On the first $55,000 | 0.5% |
On the amount exceeding $55,000 up to $250,000 | 1.0% |
On the amount exceeding $250,000 up to $400,000 | 1.5% |
On the amount exceeding $400,000 up to $2,000,000 | 2.0% |
On the amount exceeding $2,000,000 | 2.5% |
Tax is calculated by adding together the calculated fee for each applicable range.
This is an estimated rate for Ontario properties located outside the city of Toronto. Refer to the City of Toronto’s website for land transfer rates in Toronto. Actual rates will be calculated when a lawyer registers the transaction, and will be paid as part of real estate closing costs.
Reach out to any of our agents if you’d like to know more about how land transfer tax applies to purchasing a home or land in Niagara.
Purchase Price
Fee
$0.00