2026 Ontario LTT Calculator · First-Time Buyer Rebate · Simcoe County
Buying in Barrie means you pay only Ontario's provincial land transfer tax — there is no Toronto Municipal Land Transfer Tax (MLTT) here. At the Barrie median of $680,000, a buyer in Toronto would pay approximately $20,150 in combined LTT, while a Barrie buyer pays just $10,075 — a saving of $10,075.
| Portion of Purchase Price | Tax Rate | Max Tax in Bracket |
|---|---|---|
| First $55,000 | 0.5% | $275 |
| $55,001 – $250,000 | 1.0% | $1,950 |
| $250,001 – $400,000 | 1.5% | $2,250 |
| $400,001 – $2,000,000 | 2.0% | $32,000 |
| Above $2,000,000 | 2.5% | Unlimited |
Ontario LTT uses a marginal bracket system — only the portion within each bracket is taxed at that rate. For a full explanation, visit our Ontario Land Transfer Tax guide.
Ontario's First-Time Homebuyer Land Transfer Tax Rebate can save you up to $4,000 on your Ontario LTT bill.
Barrie is a top GTA commuter city for first-time buyers. At the median of $680,000, a first-time buyer pays Ontario LTT of $10,225, receives the $4,000 rebate, and owes a net $6,225 at closing.
Barrie is in Simcoe County — no Toronto MLTT applies. A $680,000 purchase in Toronto would cost $20,450 in combined LTT, versus just $10,225 in Barrie — a saving of $10,225.
| Scenario | Ontario LTT | Toronto MLTT | Total LTT |
|---|---|---|---|
| Buy in Barrie at $680,000 | $10,075 | None | $10,075 |
| Buy in Toronto at $680,000 | $10,075 | $10,075 | $20,150 |
| Savings by buying in Barrie | $10,075 | ||
For a full breakdown of Ontario LTT rules, visit our Ontario Land Transfer Tax guide.
Barrie is one of Ontario's fastest-growing cities, benefiting from GO Train service to Toronto and proximity to Georgian Bay and ski country. Georgian College and a strong retail and healthcare sector support local employment. Popular neighbourhoods include Allandale, Painswick, Holly, Innis-Shore, and East Barrie. Barrie buyers pay only Ontario's provincial LTT.
Use the calculator above to model the exact Ontario LTT for any purchase price in Barrie.
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No. Only the City of Toronto charges a municipal LTT on top of Ontario's provincial LTT. Since Barrie is in Simcoe County and outside the City of Toronto's boundaries, buyers pay only the Ontario LTT.
Ontario land transfer tax is paid on closing day, typically through your real estate lawyer. It is calculated on the purchase price registered with the province.
Yes. Ontario's FTB rebate applies anywhere in the province, including Barrie. You can receive up to $4,000 back on your Ontario LTT if you have never owned a home anywhere in the world and the property will be your principal residence.
For more details, see our comprehensive Ontario Land Transfer Tax guide.