Land transfer tax · Toronto · 2026
Land transfer tax on an $800,000 home in Toronto
$24,950 for most buyers, $16,475 if it's your first home.
Land transfer tax
$24,950
3.12% of the price
First-time buyer
$16,475
You save $8,475
Buyers in the City of Toronto pay two land transfer taxes: Ontario's and Toronto's municipal tax. Toronto uses the same rates as Ontario up to $3 million and graduated rates from 4.4% to 8.6% above that (from April 1, 2026).
Free calculator with every province and first-time buyer rebates
How the Ontario land transfer tax is worked out
On an $800,000 purchase
| Band | Rate | Taxed | Tax |
|---|---|---|---|
| Up to $55,000 | 0.5% | $55,000 | $275 |
| $55,000 to $250,000 | 1% | $195,000 | $1,950 |
| $250,000 to $400,000 | 1.5% | $150,000 | $2,250 |
| $400,000 to $2,000,000 | 2% | $400,000 | $8,000 |
| Total | $12,475 |
How the Toronto municipal land transfer tax is worked out
On an $800,000 purchase
| Band | Rate | Taxed | Tax |
|---|---|---|---|
| Up to $55,000 | 0.5% | $55,000 | $275 |
| $55,000 to $250,000 | 1% | $195,000 | $1,950 |
| $250,000 to $400,000 | 1.5% | $150,000 | $2,250 |
| $400,000 to $2,000,000 | 2% | $400,000 | $8,000 |
| Total | $12,475 |
First-time home buyers
First-time buyers get up to $4,000 back from Ontario and up to $4,475 from Toronto, $8,475 in total.
- Ontario land transfer tax$12,475
- First-time buyer refund (Ontario)−$4,000
- Toronto municipal land transfer tax$12,475
- First-time buyer rebate (Toronto)−$4,475
First-time buyer total: $16,475
Cash you'll need at this price
With less than 20% down, here's the least you'd bring to closing before legal fees, inspection and moving.
- Minimum down payment$55,000
- Land transfer tax$24,950
- Sales tax on mortgage insurance$2,384
- Total$82,334
The $29,800 mortgage insurance premium (25-year amortization) is added to your mortgage, but the provincial sales tax on it is paid in cash.
Add legal fees, inspection and more in the closing costs calculator →
Land transfer tax on $800,000 across Canada
Saskatchewan, Newfoundland and Labrador and the territories charge only land titles fees.
| Where you buy | Tax |
|---|---|
| Ontario | $12,475 |
| Toronto | $24,950 |
| British Columbia | $14,000 |
| Quebec | $10,111 |
| Montreal | $11,349 |
| Manitoba | $13,650 |
| New Brunswick | $8,000 |
| Nova Scotia (Halifax) | $12,000 |
| Prince Edward Island | $8,000 |
| Alberta (fees only) | $1,540 |
Frequently asked questions
How much is land transfer tax on an $800,000 house in Toronto?
The land transfer tax in Toronto on an $800,000 home is $24,950 in 2026, about 3.12% of the price. First-time buyers pay $16,475.
Do first-time buyers pay less?
First-time buyers get up to $4,000 back from Ontario and up to $4,475 from Toronto, $8,475 in total.
When do you pay land transfer tax?
Your lawyer pays both taxes when the sale is registered on closing day, from the money you bring to closing. Neither can be added to your mortgage.
Is land transfer tax based on the price or the assessed value?
It's based on the price you pay (the value of the consideration). If you buy for less than market value, for example from a relative, the province can tax the fair market value instead.
Other prices in Toronto
Rates for 2026. Sources: City of Toronto MLTT; Ontario land transfer tax. Estimates for planning, not legal or tax advice. Your lawyer or notary confirms the final amount.