Land Transfer Tax Calculator
North York (Toronto), Ontario

North York (Toronto) residents pay both Ontario provincial and Toronto municipal land transfer tax. Ontario's provincial LTT rates are: 0.5% on the first $55,000, 1% on $55,001–$250,000, 1.5% on $250,001–$400,000, and 2% on amounts over $400,000.

Yes. First-time home buyers in North York (Toronto) can claim up to $4,000 in Ontario provincial LTT rebate plus up to $4,475 in Toronto municipal LTT rebate, for a combined savings of up to $8,475.

Yes. North York (Toronto) charges a municipal land transfer tax in addition to Ontario provincial LTT. The Toronto MLTT mirrors provincial rates. Combined, buyers in North York (Toronto) pay significantly more than other Ontario cities.