Instantly calculate Ontario LTT for Aurora's real estate market — including first-time buyer rebates.
When you buy a home in Aurora, you pay Ontario's provincial land transfer tax (LTT) at closing. Aurora is not subject to any additional municipal land transfer tax — only the provincial rate applies.
| Purchase Price Portion | Tax Rate |
|---|---|
| First $55,000 | 0.5% |
| $55,001 – $250,000 | 1.0% |
| $250,001 – $400,000 | 1.5% |
| $400,001 – $2,000,000 | 2.0% |
| Over $2,000,000 | 2.5% |
Aurora is one of York Region's most prestigious communities, known for its historic downtown, excellent schools, and upscale residential neighbourhoods.
With GO Train service to Union Station and Highway 404 access, Aurora attracts a well-established demographic of professionals and families.
The town has preserved a remarkable heritage district along Yonge Street while accommodating significant new residential development. GO Transit service connects the city to Toronto Union Station, attracting commuters and boosting real estate demand.
Aurora consistently ranks among York Region's most desirable communities. The combination of large detached homes, mature trees, and top school ratings drives strong demand and supports premium pricing.
At the Aurora average home price of $1,050,000, the Ontario land transfer tax works out to approximately $16,475. First-time buyers can offset up to $4,000 of that amount through the provincial first-time buyer (FTB) rebate, reducing their net LTT to $12,475.
Use the calculator above to enter your specific purchase price and get an instant, precise Ontario LTT calculation for Aurora.
Ontario's First-Time Home Buyer LTT Rebate provides up to $4,000 back to eligible buyers. To qualify:
In Aurora, where average prices are around $1,050,000, the rebate covers a meaningful portion of the total LTT bill. Use the calculator above to see your exact net cost after rebate.
One of the biggest financial advantages of buying in York Region versus the Greater Toronto Area is the significantly lower land transfer tax burden. Consider:
| Location | Avg. Price | Ontario LTT | Toronto MLTT | Total LTT |
|---|---|---|---|---|
| Aurora | $1,050,000 | $16,475 | N/A | $16,475 |
| Toronto (avg ~$1,100,000) | $1,100,000 | $16,475 | $16,475 | $32,950 |
| Newmarket (avg ~$950,000) | $950,000 | $14,975 | N/A | $14,975 |
Buying in Aurora can save you thousands of dollars in land transfer tax compared to purchasing in Toronto — money you can put toward your down payment, renovations, or an emergency fund.
Aurora was settled in the early 19th century and incorporated as a village in 1863. It gained town status in 1888. The community was historically a stop on the Richmond Hill–Barrie rail line and retains a proud small-town identity despite being a York Region suburb.
Popular areas in Aurora include Aurora Village, Aurora Highlands, Bayview Northeast, Bayview Wellington, and Nokiidaa Trail area. Home prices can vary significantly by neighbourhood — use the calculator above with your specific target price for a precise LTT estimate.
Beyond land transfer tax, Aurora buyers should budget for these closing costs:
For a comprehensive overview of Ontario LTT rules and all city calculators, visit bremo.io/ontario-land-transfer-tax. You can also explore our guide to the best banks in Ontario to maximize your savings before and after your home purchase.
While you can't avoid LTT, you can save on banking fees. KOHO is free forever — save hundreds per year to put toward your Ontario home purchase.
Get KOHO Free — Code 45ET55JSYADoes Aurora have a municipal land transfer tax?
No. Only the City of Toronto charges a municipal LTT in Ontario. Buyers in Aurora pay only the provincial Ontario LTT.
When is land transfer tax paid?
LTT is collected by your real estate lawyer at closing (the day you take possession). You cannot pay it separately or in installments — it must be available on closing day.
Is land transfer tax deductible?
No. Ontario LTT is not income-tax deductible for personal residential purchases. It is a one-time closing cost added to the adjusted cost base of your property for capital gains purposes if you ever sell.
What if I'm buying with a partner?
Each owner on title shares the LTT liability. The first-time buyer rebate is only available if all buyers qualify as first-time buyers. If your partner has owned a home before, you cannot claim the rebate.
How much is land transfer tax on a $1,050,000 home in Aurora?
On a $1,050,000 purchase price, Ontario LTT is approximately $16,475. First-time buyers who qualify for the provincial rebate would pay $12,475 net after the $4,000 rebate.