What is the first-time home buyer land transfer tax rebate in Ontario?

First-time home buyers in Ontario are eligible for a rebate of up to $4,000. If buying in Toronto, an additional municipal rebate of up to $4,475 is available, for a combined maximum savings of $8,475.

Land Transfer Tax Calculator — Waterloo, Ontario

Calculate your exact land transfer tax for a property purchase in Waterloo, Ontario. Waterloo buyers pay Ontario provincial land transfer tax only. See if you qualify for first-time buyer rebates.

Frequently Asked Questions — Land Transfer Tax Calculator in Waterloo

How is land transfer tax calculated in Waterloo?▼

Waterloo residents pay Ontario provincial land transfer tax only (no municipal LTT). 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.

Is there a first-time buyer LTT rebate in Waterloo?▼

Yes. First-time home buyers in Waterloo can claim up to $4,000 in Ontario provincial LTT rebate, which covers the full LTT on homes up to $368,333.

Does Waterloo have municipal land transfer tax?▼

No. Waterloo does not charge a municipal land transfer tax. Only Toronto has a separate municipal LTT. Buyers in Waterloo pay only the Ontario provincial land transfer tax.