Using the Land Transfer Tax Calculator
The largest part of your closing costs is often the land transfer tax. Use this calculator to determine how much you’ll owe based on the province, property type, and whether you’re a first-time homebuyer.
The calculator determines your province tax, municipal tax, and applicable rebate, so you have a good estimate of what you’d owe if you bought the home. You owe these taxes at closing, so keep them in mind as you figure out your down payment and use the other calculators to make your decision.