Cambridge Ontario Land Transfer Tax Calculator

Updated March 2026 · Ontario Provincial LTT Only — No Municipal Tax in Cambridge

Purchasing a home in Cambridge, Ontario — whether in historic Galt, Preston, or Hespeler — means paying the Ontario provincial land transfer tax. Cambridge is not part of the City of Toronto, so there is no second municipal land transfer tax. This calculator shows you the exact provincial LTT and any first-time buyer rebate you may qualify for.

Ontario LTT Rate Brackets

• 0.5% on the first $55,000
• 1.0% on $55,001 to $250,000
• 1.5% on $250,001 to $400,000
• 2.0% on $400,001 to $2,000,000
• 2.5% on amounts above $2,000,000

LTT Examples for Cambridge Home Prices

$450,000 Home in Cambridge (Galt, Preston, or Hespeler)

Ontario LTT: $5,475. First-time buyer net after $4,000 rebate: $1,475.

$600,000 Home in Cambridge

Ontario LTT: $8,475. First-time buyer net: $4,475.

$750,000 Home in Cambridge

Ontario LTT: $11,475. First-time buyer net: $7,475.

$900,000 Home in Cambridge

Ontario LTT: $14,475. First-time buyer net: $10,475.

First-Time Buyer Rebate in Cambridge

Ontario's first-time home buyer LTT rebate is available province-wide, including Cambridge. The rebate covers up to $4,000 of your LTT. Eligibility requirements:

• Must be at least 18 years old
• Must be a Canadian citizen or permanent resident
• Must never have owned a home anywhere in the world
• If you have a spouse, they must also never have owned a home
• Must occupy the Cambridge home as your principal residence within 9 months of purchase

Buying in Galt vs. Preston vs. Hespeler

All three Cambridge communities are within the City of Cambridge and subject to the same Ontario provincial LTT. There is no difference in LTT based on which former town your home is in — the calculation is purely based on the purchase price. What does differ is the character, price range, and amenity access of each area:

• Galt: Historic downtown, Victorian architecture, Grand River setting. Often slightly higher prices for character homes.
• Preston: Industrial heritage, more suburban character, typically more affordable.
• Hespeler: Quieter, more residential, family-oriented. Good value relative to Kitchener and Waterloo.

Cambridge Closing Costs Checklist

Beyond the LTT, Cambridge home buyers should budget for:

• Real estate lawyer fees: $1,500–$2,500
• Title insurance: $200–$400
• Home inspection: $400–$600
• CMHC mortgage insurance (if down payment under 20%)
• Property tax adjustment at closing
• Moving costs
• Any condo fees or status certificate review costs (if buying a condo)

For more on buying a home in Cambridge, see our Cambridge First-Time Home Buyer Guide and Banking in Cambridge.