Toronto tax guide

Toronto Land Transfer Tax Calculator

Toronto buyers often pay both Ontario LTT and Toronto MLTT. The calculator keeps the municipal amount separate so buyers can see the actual closing-day impact.

Open the full cash-to-close calculator

Short answer

Toronto buyers generally need to plan for both Ontario land transfer tax and Toronto municipal land transfer tax. First-time buyer relief can reduce each tax separately, but the caps and rules are not the same.

What does this page answer?

Estimate Toronto municipal land transfer tax and first-time buyer rebate alongside Ontario LTT and new-build closing costs.

Toronto MLTT is shown separately from Ontario land transfer tax.
First-time buyer rebates are capped and modelled independently.
The main calculator combines MLTT with HST rebate and CMHC timing.

Search intent: Toronto buyer wants to calculate municipal land transfer tax and understand how it stacks with Ontario LTT.

Do Toronto buyers pay two land transfer taxes?

A Toronto purchase can trigger provincial and municipal land transfer taxes. The calculator keeps them on separate ledger lines so the buyer can see what each rebate does and what remains payable.

Why does Toronto change the closing number quickly?

For first-time buyers, Toronto's municipal rebate helps, but it rarely eliminates the combined LTT/MLTT cash requirement on higher-priced homes.

Example Toronto land transfer tax estimate

Purchase price	$950,000
Gross Toronto MLTT	$15,475
Toronto first-time buyer rebate	Up to $4,475
Net Toronto MLTT	$11,000

Sources reviewed

Policy and data sources

confirmed Toronto municipal land transfer tax rates and rebates toronto Last reviewed 2026-04-25 confirmed Ontario land transfer tax rates ontario Last reviewed 2026-04-25 confirmed Ontario land transfer tax refund for first-time homebuyers ontario Last reviewed 2026-04-25

Quick questions

Do Toronto buyers pay two land transfer taxes?

Generally yes. Toronto purchases can trigger both Ontario land transfer tax and Toronto municipal land transfer tax.

Is the Toronto first-time buyer rebate the same as Ontario's?

No. The Toronto MLTT rebate and Ontario LTT refund are separate caps and should be modelled separately.