Ontario tax guide
Ontario land transfer tax is a major closing-day cash item. First-time buyers may receive a refund, but eligibility is separate from GST/HST rebate eligibility.
Short answer
Ontario land transfer tax is usually paid on closing through the buyer's lawyer. First-time buyers may qualify for a refund up to the program cap, but that refund is separate from federal or Ontario GST/HST rebate eligibility.
Estimate Ontario land transfer tax and first-time home buyer refund as part of a broader cash-to-close calculation.
Search intent: Buyer wants to estimate Ontario land transfer tax and understand how the first-time buyer refund affects closing cash.
Land transfer tax is not a future rebate timing issue in the same way GST/HST can be. It is generally part of the lawyer's closing funds request, so the calculator treats it as closing-day cash.
The first-time buyer refund is capped. At higher purchase prices, buyers can still owe net Ontario LTT after the refund.
| Purchase price | $950,000 |
|---|---|
| Gross Ontario LTT | $15,475 |
| First-time buyer refund | Up to $4,000 |
| Net Ontario LTT | $11,475 |
Sources reviewed
Yes, it is generally a closing cost handled by the lawyer and should be included in cash-to-close planning.
Only up to the program cap. Higher purchase prices can still have a net Ontario LTT amount after the refund.
Related pages