2026 Ontario LTT Calculator · First-Time Buyer Rebate · Waterloo Region
Buying in Cambridge means you pay only Ontario's provincial land transfer tax — there is no Toronto Municipal Land Transfer Tax (MLTT) here. At the Cambridge median of $660,000, a buyer in Toronto would pay approximately $19,350 in combined LTT, while a Cambridge buyer pays just $9,675 — a saving of $9,675.
| 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.
Cambridge attracts first-time buyers with its relatively lower price points versus Waterloo and Kitchener. At the median of $660,000, a first-time buyer pays Ontario LTT of $9,975, receives the $4,000 rebate, and owes a net $5,975 at closing.
Cambridge is in Waterloo Region — no Toronto MLTT applies. A $660,000 purchase in Toronto would cost $19,950 in combined LTT, versus just $9,975 in Cambridge — a saving of $9,975.
| Scenario | Ontario LTT | Toronto MLTT | Total LTT |
|---|---|---|---|
| Buy in Cambridge at $660,000 | $9,675 | None | $9,675 |
| Buy in Toronto at $660,000 | $9,675 | $9,675 | $19,350 |
| Savings by buying in Cambridge | $9,675 | ||
For a full breakdown of Ontario LTT rules, visit our Ontario Land Transfer Tax guide.
Cambridge is the southernmost city in Waterloo Region, offering a blend of historic mill districts, modern suburbs, and access to Highway 401. The Grand River runs through the city, giving rise to neighbourhoods like Hespeler, Preston, Galt, Pinehurst, and Blair. Cambridge is a popular choice for buyers wanting Waterloo Region affordability with strong employment options in manufacturing and tech.
Use the calculator above to model the exact Ontario LTT for any purchase price in Cambridge.
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No. Only the City of Toronto charges a municipal LTT on top of Ontario's provincial LTT. Since Cambridge is in Waterloo Region 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 Cambridge. 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.