Land Transfer Tax & Closing Costs Calculator
On a $800,000 purchase in Ontario, Ontario Land Transfer Tax is $12,475, for $12,475 in total after any rebate. Total cash needed to close is $175,575.
Total cash needed to close
$175,575
$160,000 down payment, $12,475 in transfer tax, and $3,100 of other closing costs.
- Ontario Land Transfer Tax
- $12,475
- Net transfer tax and fees
- $12,475
1.56% of the purchase price
| Item | Amount |
|---|---|
| Down payment | $160,000 |
| Ontario Land Transfer Tax | $12,475 |
| Legal fees and disbursements | $1,800 |
| Title insurance | $400 |
| Home inspection | $500 |
| Appraisal | $400 |
| Total cash to close | $175,575 |
Rates last verified 2026-09-07. Official Ontario source
Transfer tax rates and rebate programs change, and eligibility rules for first-time buyer relief are set by each jurisdiction. Confirm with your real estate lawyer before relying on these figures. Clover Mortgage Inc. is a licensed mortgage brokerage. This calculator provides estimates for information only and is not an offer of credit, an approval, or financial advice.
Every mortgage is different. A Clover Mortgage broker can confirm what you actually qualify for across more than 50 lenders — at no cost to you.
Total cash needed to close
$175,575
Common questions
- Does Toronto charge its own land transfer tax?
- Yes. Toronto's Municipal Land Transfer Tax is charged in addition to Ontario's provincial tax, effectively doubling the bill on most homes. Toronto also has its own first-time buyer rebate of up to $4,475, separate from Ontario's $4,000.
- Do all provinces charge land transfer tax?
- No. Alberta, Saskatchewan and the territories charge land title registration fees rather than a transfer tax, which are far smaller. This calculator labels the charge accurately for each jurisdiction.