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Homebuyers in Toronto incur additional Municipal Land Transfer Tax
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Up to and including $55,000 | 0.5% |
greater than $55,000 and up to $250,000 | 1% |
greater than $250,000 and up to $400,000 | 1.5% |
greater than $400,000 | 2% |
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|
Up to and including $55,000 | 0.5% |
greater than $55,000 and up to $400,000 | 1% |
greater than $400,000 | 2% |
If you are a first-time home buyer, you may be eligible for a land transfer tax rebate.