Land Transfer Tax Calculator
How Land Transfer Tax is Calculated
- Rates Vary by Province: Each province has its own calculation structure and rates, often ranging from 0.5% to over 2% depending on the price of the property.
- Progressive Tax Rates: Some provinces (like Ontario and British Columbia) use a progressive rate structure, where tax rates increase for higher property value brackets.
- First-Time Homebuyer Rebates: Certain provinces offer rebates for first-time homebuyers to offset some or all of the LTT.