{"id":8,"date":"2021-09-08T09:57:53","date_gmt":"2021-09-08T09:57:53","guid":{"rendered":"https:\/\/ltcalculator.wpengine.com\/?page_id=8"},"modified":"2024-10-16T11:13:06","modified_gmt":"2024-10-16T16:13:06","slug":"home","status":"publish","type":"page","link":"https:\/\/landtransfertaxcalculator.com\/","title":{"rendered":"Land Transfer Tax Calculator.com"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"8\" class=\"elementor elementor-8\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-afcc9fe elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"afcc9fe\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-72f80bc\" data-id=\"72f80bc\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4b75fd2 elementor-widget elementor-widget-heading\" data-id=\"4b75fd2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span style=\"font-weight: normal\">Land Transfer Tax Calculator.com<\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-43c5db3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"43c5db3\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8e84bc4\" data-id=\"8e84bc4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1d4aeda elementor-widget elementor-widget-spacer\" data-id=\"1d4aeda\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-59e41b1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"59e41b1\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-86c938c\" data-id=\"86c938c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7aa3cd4 elementor-widget elementor-widget-heading\" data-id=\"7aa3cd4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><span style=\"font-weight: normal\">Buying or Selling a home in Ontario? This website is a quick reference and land transfer tax calculator for real estate consumers<\/span><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e5d2a2e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e5d2a2e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3fab7f8\" data-id=\"3fab7f8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0b07bda elementor-widget elementor-widget-spacer\" data-id=\"0b07bda\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9246db2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9246db2\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-7af2a46\" data-id=\"7af2a46\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-631643d elementor-widget elementor-widget-shortcode\" data-id=\"631643d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"borgscal landtransfertax\">\r\n    <form name=\"landtax\">\r\n        <h3>Calculate Residential Land Transfer Tax<\/h3>\r\n        <div class=\"formstart\">\r\n            <input id=\"inputprice\" type=\"text\" name=\"Price\" size=\"18\" placeholder=\"Enter the purchase price\" style=\"background-image: url(&quot;data:image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAQCAYAAAAf8\/9hAAABHklEQVQ4EaVTO26DQBD1ohQWaS2lg9JybZ+AK7hNwx2oIoVf4UPQ0Lj1FdKktevIpel8AKNUkDcWMxpgSaIEaTVv3sx7uztiTdu2s\/98DywOw3Dued4Who\/M2aIx5lZV1aEsy0+qiwHELyi+Ytl0PQ69SxAxkWIA4RMRTdNsKE59juMcuZd6xIAFeZ6fGCdJ8kY4y7KAuTRNGd7jyEBXsdOPE3a0QGPsniOnnYMO67LgSQN9T41F2QGrQRRFCwyzoIF2qyBuKKbcOgPXdVeY9rMWgNsjf9ccYesJhk3f5dYT1HX9gR0LLQR30TnjkUEcx2uIuS4RnI+aj6sJR0AM8AaumPaM\/rRehyWhXqbFAA9kh3\/8\/NvHxAYGAsZ\/il8IalkCLBfNVAAAAABJRU5ErkJggg==&quot;); background-repeat: no-repeat; background-attachment: scroll; background-size: 16px 18px; background-position: 98% 50%; cursor: auto;\">\r\n            <p>*No commas or decimals<\/p>\r\n            <input id=\"landbutton\" name=\"Calc\" type=\"button\" value=\"CALCULATE\">\r\n            <br><\/br>\r\n            <input id=\"proviland\" type=\"text\" name=\"Tax\" size=\"16\" placeholder=\"Provincial Land Transfer Tax (PLTT)\">\r\n            <p>*Applicable to all Toronto and Ontario properties<\/p>\r\n\r\n            <input id=\"torontoland\" type=\"text\" name=\"NTax\" size=\"16\" placeholder=\"Toronto Land Transfer Tax (TLTT)\">\r\n            <p>*Applicable to all Toronto properties<\/p>\r\n\r\n            <input id=\"totalland\" type=\"text\" name=\"GTax\" size=\"16\" placeholder=\"Total Land Transfer Tax (PLTT + TLTT)\">\r\n            <p>*Total applicable to Toronto properties only.<\/p>\r\n\r\n            <p><strong>DISCLAIMER:<\/strong> LandTransferTaxCalculator.ca accepts no responsibility for any loss arising from any use or reliance on the information contained or produced through calculative function herein.<\/p>\r\n        <\/div>\r\n    <\/form>\r\n<\/div>\r\n\r\n<style>\r\n    .landtransfertax form p {\r\n        color: #0C1786;\r\n        font-size: 10px;\r\n        font-weight: bold;\r\n        margin: 0px 0px 0px 0px;\r\n        padding: 3px 0px;\r\n        line-height: 1.8;\r\n    }\r\n\r\n    .landtransfertax {\r\n        background: linear-gradient(rgb(192 192 192), rgba(214, 235, 242, 1.0));\r\n        background-position: top center;\r\n        background-repeat: no-repeat;\r\n        padding: 25px;\r\n        -webkit-border-radius: 10px;\r\n        -moz-border-radius: 10px;\r\n        border-radius: 10px;\r\n    }\r\n\r\n    .landtransfertax form #landbutton {\r\n        width: 100%;\r\n        border: none;\r\n        background: linear-gradient(rgb(30 32 34), rgb(8 67 110));\r\n        margin: 10px 0px 10px 0px;\r\n        color: #fff;\r\n        font-weight: 600;\r\n        font-size: 16px;\r\n        text-align: center;\r\n        padding: 20px 0 20px 0;\r\n        -webkit-border-radius: 6px;\r\n        -moz-border-radius: 6px;\r\n        border-radius: 6px;\r\n    }\r\n<\/style>\r\n\r\n<script type=\"application\/javascript\">\r\n    jQuery(document).ready(function() {\r\n        jQuery(\"#landbutton\").click(function() {\r\n            \/\/ alert(\"clicked on button happend\");\r\n            var mainprice = jQuery('#inputprice').val();\r\n\r\n            var newproviland = 0;\r\n            var newtorontoland = 0;\r\n\r\n            if (mainprice <= 55000) {\r\n                var newproviland = (mainprice * 0.005);\r\n            } else if (mainprice > 55000 && mainprice <= 250000) {\r\n                var newproviland = (275 + ((mainprice - 55000) * 0.01));\r\n            } else if (mainprice > 250000 && mainprice <= 400000) {\r\n                var newproviland = (2225 + ((mainprice - 250000) * 0.015));\r\n            } else if (mainprice > 400000 && mainprice <= 2000000) {\r\n                newproviland = (4475 + ((mainprice - 400000) * 0.02));\r\n            } else if (mainprice > 2000000) {\r\n                newproviland = (36475 + ((mainprice - 2000000) * 0.025));\r\n            }\r\n\r\n            if (mainprice <= 55000) {\r\n                var newtorontoland = (mainprice * 0.005);\r\n            } else if (mainprice > 55000 && mainprice <= 400000) {\r\n                var newtorontoland = (275 + (mainprice - 55000) * 0.01);\r\n            } else if (mainprice > 400000) {\r\n                var newtorontoland = (4275 + (mainprice - 400000) * 0.02);\r\n            }\r\n\r\n            jQuery('#proviland').val(newproviland);\r\n            jQuery('#torontoland').val(newtorontoland);\r\n\r\n            var totalland = newproviland + newtorontoland;\r\n            jQuery('#totalland').val(totalland);\r\n\r\n        });\r\n\r\n    });\r\n<\/script>\t\t<div class=\"elementor-shortcode\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-f0afa03\" data-id=\"f0afa03\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b9fcc25 elementor-widget elementor-widget-image\" data-id=\"b9fcc25\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/misterrealestatelawyer.ca\/\" target=\"_blank\">\n\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"300\" height=\"171\" src=\"https:\/\/landtransfertaxcalculator.com\/wp-content\/uploads\/2021\/10\/MRREAL-Logo-300x171.png\" class=\"attachment-medium size-medium wp-image-30\" alt=\"Real estate law made easy.\" srcset=\"https:\/\/landtransfertaxcalculator.com\/wp-content\/uploads\/2021\/10\/MRREAL-Logo-300x171.png 300w, https:\/\/landtransfertaxcalculator.com\/wp-content\/uploads\/2021\/10\/MRREAL-Logo.png 700w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">REAL ESTATE LAW MADE EASY.<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-635739df elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"635739df\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-174ce2be\" data-id=\"174ce2be\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3fea299e elementor-widget elementor-widget-text-editor\" data-id=\"3fea299e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>Land Transfer Tax Calculator<\/h2>\n<h3>Buying or Selling a home in Ontario? This website is a quick reference and land transfer tax calculator for real estate consumers.<\/h3>\n<p><img decoding=\"async\" class=\"size-medium wp-image-13 alignright\" src=\"https:\/\/landtransfertaxcalculator.com\/wp-content\/uploads\/2021\/09\/calculator-1680905_1920-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/landtransfertaxcalculator.com\/wp-content\/uploads\/2021\/09\/calculator-1680905_1920-300x200.jpg 300w, https:\/\/landtransfertaxcalculator.com\/wp-content\/uploads\/2021\/09\/calculator-1680905_1920-1024x683.jpg 1024w, https:\/\/landtransfertaxcalculator.com\/wp-content\/uploads\/2021\/09\/calculator-1680905_1920-768x512.jpg 768w, https:\/\/landtransfertaxcalculator.com\/wp-content\/uploads\/2021\/09\/calculator-1680905_1920-1536x1024.jpg 1536w, https:\/\/landtransfertaxcalculator.com\/wp-content\/uploads\/2021\/09\/calculator-1680905_1920-600x400.jpg 600w, https:\/\/landtransfertaxcalculator.com\/wp-content\/uploads\/2021\/09\/calculator-1680905_1920-1200x800.jpg 1200w, https:\/\/landtransfertaxcalculator.com\/wp-content\/uploads\/2021\/09\/calculator-1680905_1920-1400x933.jpg 1400w, https:\/\/landtransfertaxcalculator.com\/wp-content\/uploads\/2021\/09\/calculator-1680905_1920.jpg 1920w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>Certain things in Canada are non-taxable. Basic groceries, prescription drugs, freight transportation services, and even gambling winnings (according to&nbsp;<a href=\"https:\/\/casinovalley.ca\/gambling-winnings-tax\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"CasinoValley (opens in a new tab)\">CasinoValley<\/a>) are not taxed at all. However, the government doesn\u2019t mind profiting from home buyers. You must pay a land transfer tax when you buy a home. It can be quite a hefty sum of money, depending on the price of the property. We advise you to plan ahead and calculate this tax at the time of planning your budget for buying a home. That way, it won\u2019t become an unpleasant surprise charge that you can\u2019t afford.<\/p>\n<p>If you purchase land or an interest in land in Ontario you are required to pay the Provincial Land Transfer Tax (PLTT). If you have purchased this land or an interest in land located in Toronto, you are required to pay the Municipal Land Transfer Tax (MLTT) in addition to the PLTT.<\/p>\n<h2><br><\/h2>\n<h2>Ontario Land Transfer Tax<\/h2>\n<h3>Provincial Land Transfer Tax (PLTT)<\/h3>\n<p>Up to $55,000 X 0.5% of total property value<br>From $55,000 to $250,000 X 1% of total property value<br>From $250,000 to $400,000 X 1.5% of total property value<br>From $400,000 up X 2% of total property value<br>The City of Toronto levies an additional LTT on Toronto real estate in addition to the provincial rate.<\/p>\n<h2>Toronto Land Transfer Tax<\/h2>\n<h3>Municipal Land Transfer Tax (MLTT)<\/h3>\n<p>Up to and including $55,000.00 X 0.5% of total property value<br>From $55,000.01 to $400,000.00 X 1% of total property value<br>Over $400,000.00 X 2% of total property value<\/p>\n<h3>Land Transfer Tax Rebates: First Time Home Buyers<\/h3>\n<p>If you are a first time home buyer you are eligable for rebates for both the Municipal and Provincial Land Transfer Tax<\/p>\n<ul>\n<li>Municipal Land Transfer Tax (MLTT): Maximum $3725<\/li>\n<li>Provincial Land Transfer Tax (PLTT): Maximum $4000<\/li>\n<\/ul>\n<p><strong>Must Read: More Information on Land Transfer Taxes in Ontario and Toronto<\/strong><\/p>\n<p><a href=\"https:\/\/www.toronto.ca\/services-payments\/property-taxes-utilities\/property-tax\/\" rel=\"nofollow\">Municipal Land Transfer Tax: City of Toronto<\/a><br><a href=\"https:\/\/www.fin.gov.on.ca\/en\/tax\/ltt\/\" rel=\"nofollow\">Provincial Land Transfer Tax: Ontario Government<\/a><br><a href=\"http:\/\/www.trebhome.com\/\" rel=\"nofollow\">Toronto Real Estate Board: Land Transfer Tax Overview<\/a><\/p>\n<p>We encourage our users to educate themselves on this topic and its intricacies. We recommend that users speak to a government representative, a licensed Realtor and a real estate lawyer.<\/p>\n<p><strong>DISCLAIMER:&nbsp;<\/strong>LandTransferTaxCalculator.com accepts no responsibility for any loss arising from any use or reliance on the information contained or produced through calculative function herein.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Land Transfer Tax Calculator.com Buying or Selling a home in Ontario? This website is a quick reference and land transfer tax calculator for real estate consumers REAL ESTATE LAW MADE EASY. Land Transfer Tax Calculator Buying or Selling a home in Ontario? This website is a quick reference and land transfer tax calculator for real &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_genesis_block_theme_hide_title":false,"footnotes":""},"class_list":["post-8","page","type-page","status-publish","hentry","post","without-featured-image"],"featured_image_src":null,"featured_image_src_square":null,"_links":{"self":[{"href":"https:\/\/landtransfertaxcalculator.com\/index.php?rest_route=\/wp\/v2\/pages\/8","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/landtransfertaxcalculator.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/landtransfertaxcalculator.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/landtransfertaxcalculator.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/landtransfertaxcalculator.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8"}],"version-history":[{"count":0,"href":"https:\/\/landtransfertaxcalculator.com\/index.php?rest_route=\/wp\/v2\/pages\/8\/revisions"}],"wp:attachment":[{"href":"https:\/\/landtransfertaxcalculator.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}