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Toronto land transfer tax and mortgage calculators
Updated for the April 1, 2026 Toronto rates. Enter a price to see what you'll owe at closing and what your payment looks like.
Land transfer tax
Ontario and Toronto taxes are calculated separately, bracket by bracket.
- Ontario land transfer tax
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- Toronto municipal land transfer tax
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- First-time buyer refunds
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- Total payable
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Rates for homes with one or two single-family residences. Non-resident taxes and Toronto's MLTT administration fee are not included.
Mortgage payment
Canadian mortgages compound semi-annually. With less than 20% down, CMHC insurance is added to the loan.
- Down payment share
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- CMHC premium
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- Mortgage amount
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- Monthly payment
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Ontario charges 8% sales tax on the CMHC premium, payable in cash at closing.
New home HST rebate calculator
For a new home bought from a builder as your primary residence. Enter the price before HST.
Your estimated relief
- HST payable (13%)
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- Federal rebate
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- Ontario rebate
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- Ontario New Home Affordability Payment
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- HST you still pay
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Estimate only. Assumes house and land bought from the same builder for use as a primary residence. Rentals, owner-built homes and assignments follow different rules. CRA began processing Ontario enhanced rebate claims after its fall 2026 system changes; confirm with your lawyer or the CRA.
Estimates only, not tax or financial advice. Your lawyer and lender will confirm the exact amounts.
Frequently asked questions
How is land transfer tax calculated in Toronto?
Toronto buyers pay two taxes: Ontario land transfer tax and Toronto's municipal land transfer tax. Both are marginal: 0.5% up to $55,000, 1% to $250,000, 1.5% to $400,000, 2% to $2,000,000 and 2.5% above that. Since April 1, 2026, Toronto charges higher municipal rates on the portion above $3 million, from 4.4% up to 8.6% above $20 million.
How much is the first-time buyer refund?
Up to $4,000 of the Ontario tax and up to $4,475 of the Toronto tax, for a combined maximum of $8,475, if you qualify.
How much HST rebate can I get on a new home in Ontario?
For agreements signed between April 1, 2026 and March 31, 2027, Ontario's temporary enhanced rebate removes the full 13% HST on eligible new homes up to $1 million, keeps a $130,000 rebate up to $1.5 million, and phases down to $24,000 at $1.85 million. First-time buyers also have a separate federal and Ontario rebate for agreements signed from March 20, 2025 to the end of 2030.
Do I pay Toronto land transfer tax in North York?
Yes. North York, Scarborough and Etobicoke are part of the City of Toronto. Markham, Richmond Hill and Vaughan are not, so buyers there pay only the Ontario tax.