Enter the purchase price of the property on the first line below. Numeric amount only - no commas, periods, or dollar signs are required. Press calculate and the amount of Ontario Land Transfer Tax payable appears in the third line.

Ontario Land Transfer Tax on residential property is the total of:

• 0.5% of the first $55,000
• plus 1.0% of the amount from $55,001 to $250,000
• plus 1.5% of the amount in excess of $250,001 to $400,000
• plus 2.0% of the amount in excess of $400,000