In ONTARIO the Land Transfer Tax (LTT) is charged as follows:
  • 0.5% on amounts up to and including $55,000
  • +1.0% on the amount exceeding $55,000 up to and including $250,000
  • +1.5% on amounts above $250,000 up to and including $400,000
  • +2.0% on the amount in excess of $400,000

For example, the Land Transfer Tax on a house costing $250,000 would be $2,225.00