Ontario Land Transfer Tax for Commercial Properties
To calculate the total LTT payable for Commercial properties, on the purchase price, use the following chart:
0.5% on 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
The tax on residential properties is calulated as below:
0.5% amounts up to and including $55,000
1.0% amounts exceeding $55,000 up to and including $250,000
1.5% amounts exceeding $250,000
2.0% amounts exceeding $400,000 where the land contains one or two single family residences
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