Land Transfer Tax- City of Toronto
Municipal Land Transfer Tax is charged on all properties purchased in the City of Toronto after February 1, 2008. All unregistered dispositions with a beneficial interest in land are also subject to this tax.
The City of Toronto includes the area bounded by Steeles on the North, Lake Ontario’s shoreline on the South, Western boundary of Etobicoke and Eastern boundary formed by Scarborough.
The Land Transfer Tax becomes payable at the time of registration of your property as per the Provincial Land Transfer Act. The Municipal Land Transfer tax is payable in addition to the Land Transfer Tax payable for the province of Ontario.
What Are the Municipal Land Transfer Tax Rates for Toronto?
After March 1, 2017, tax rates are as follows for properties with at least one and a maximum of two single family residences: