Ontario Land Transfer Tax

One or Two Family Residence

as of June 1, 1989

 Price  L.T. Tax
 $150,000  $1,225
 $160,000  $1,325
 $170,000  $1,425
 $180,000  $1,525
 $190,000  $1,625
 $200,000  $1,725
 $210,000  $1,825
 $220,000  $1,925
 $230,000  $2,025
 $240,000  $2,125
 $250,000  $2,225
 $260,000  $2,375
 $270,000  $2,525
 $280,000  $2,675
 $290,000  $2,825

LAND TRANSFER TAX
Tax Rates
Current tax rates (effective from June 1, 1989)
• 0.5% of the value of consideration for the transfer up to and including $55,000,
•  
• 1% of the value of the consideration which exceeds $55,000 up to and including $250,000, and
•  
• 1.5% of the value of the consideration which exceeds $250,000, and
• 2% of the amount by which the value of the consideration exceeds $400,000 for land that contains at least one and not more than two single family residences.


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1/6/08