Important Notes:
If your purchase is outside the City of Toronto but within the Province of Ontario, you must pay the Ontario Land Transfer Tax only. First-time buyers may qualify for a credit up to $4000, click here for details.
If your purchase is within the City of Toronto, you must pay BOTH the Ontario Land Transfer Tax AND the Toronto Land Transfer Tax. First-time buyers within the City of Toronto are exempt from the Toronto Land Transfer Tax for the first $400,000 of the purchase price (check the First-time Buyer box in the calculator to factor this in the calculation).
Finally, this calculator is provided as a helpful tool in estimating the costs of your purchase. Spagnuolo Professional Corporation does not guarantee the accuracy of the calculator. |
