2026 Ontario LTT Calculator · First-Time Buyer Rebate · Hastings County
Buying in Belleville means you pay only Ontario's provincial land transfer tax — there is no Toronto Municipal Land Transfer Tax (MLTT) here. At the Belleville median of $470,000, a buyer in Toronto would pay approximately $11,750 in combined LTT, while a Belleville buyer pays just $5,875 — a saving of $5,875.
| 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.
Belleville is an increasingly popular destination for GTA buyers seeking more space at lower prices. At the median of $470,000, a first-time buyer pays Ontario LTT of $6,225, receives the $4,000 rebate, and owes a net $2,225 at closing.
Belleville is in Hastings County — no Toronto MLTT applies. A $470,000 purchase in Toronto would cost $12,450 in combined LTT, versus just $6,225 in Belleville — a saving of $6,225.
| Scenario | Ontario LTT | Toronto MLTT | Total LTT |
|---|---|---|---|
| Buy in Belleville at $470,000 | $5,875 | None | $5,875 |
| Buy in Toronto at $470,000 | $5,875 | $5,875 | $11,750 |
| Savings by buying in Belleville | $5,875 | ||
For a full breakdown of Ontario LTT rules, visit our Ontario Land Transfer Tax guide.
Belleville is a growing city on the Bay of Quinte, midway between Toronto and Ottawa on the Highway 401 corridor. Loyalist College and a strong healthcare sector provide stable employment. Popular neighbourhoods include East Hill, West Hill, Quinte West, Thurlow, and Downtown Belleville. Buyers in Belleville pay only Ontario's provincial LTT.
Use the calculator above to model the exact Ontario LTT for any purchase price in Belleville.
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No. Only the City of Toronto charges a municipal LTT on top of Ontario's provincial LTT. Since Belleville is in Hastings 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 Belleville. 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.