Land transfer tax calculator
The closing cost that surprises almost every first-time buyer. Enter your purchase price and province to see exactly what you'll owe — and how much of it a first-time buyer rebate can wipe out.
Land transfer tax is due in cash on closing and cannot be rolled into your mortgage — budget for it alongside legal fees and your down payment.
| $0 – $55,000 | 0.50% |
| $55,000 – $250,000 | 1.00% |
| $250,000 – $400,000 | 1.50% |
| $400,000 – $2,000,000 | 2.00% |
| Over $2,000,000 | 2.50% |
Land transfer tax is a one-time, cash-on-closing tax charged on the purchase price. Rates vary by province, Toronto charges it twice (provincial + municipal), and Alberta, Saskatchewan and the territories charge none at all.
Land transfer tax by province on a $700,000 home
| Province | Tax on $700,000 |
|---|---|
| British Columbia | $12,000 |
| Manitoba | $11,650 |
| Nova Scotia | $10,500 |
| Ontario | $10,475 |
| Quebec | $8,733 |
| New Brunswick | $7,000 |
| Prince Edward Island | $7,000 |
| Newfoundland and Labrador | $2,898 |
| Saskatchewan | $2,100 |
| Alberta | None |
| Northwest Territories | None |
| Nunavut | None |
| Yukon | None |
Provincial tax only, before any first-time buyer rebate. Toronto buyers pay the Ontario amount again as municipal tax.
Frequently asked questions
What is land transfer tax?
Land transfer tax is a one-time tax you pay to your province (and sometimes your city) when ownership of a property is transferred to you. It's due in cash on closing day and cannot be rolled into your mortgage, so it needs to be budgeted separately from your down payment.
Which provinces have no land transfer tax?
Alberta, Saskatchewan, the Northwest Territories, Nunavut, and Yukon do not charge a percentage-based land transfer tax. Instead they charge much smaller land titles registration fees, usually a few hundred dollars.
Do first-time home buyers pay land transfer tax?
Often less, and sometimes nothing. Ontario refunds up to $4,000, Toronto refunds a further $4,475, and British Columbia fully exempts qualifying first-time buyers on lower-priced homes. PEI also offers a first-time buyer exemption.
Does Toronto charge extra land transfer tax?
Yes. Toronto is the only Canadian city with its own municipal land transfer tax on top of the provincial one, which effectively doubles the bill. On a $1,000,000 home that means roughly $16,475 provincially plus another $16,475 to the city.
Researching and writing about Canadian home buying and closing costs since 2026.
“Land Transfer Tax Calculator (Canada) — VaultNerd” — VaultNerd, https://www.vaultnerd.com/tools/land-transfer-tax-calculator, updated August 2026.
- Ontario Ministry of Finance — Land Transfer Tax rates and rebates
- City of Toronto — Municipal Land Transfer Tax rates
- BC, MB, QC, NB, NS, PE, NL and SK provincial transfer tax / registration schedules