2026 Ontario LTT Calculator — Free Instant Estimate
Use KOHO to manage your down payment and closing costs. New members get a $100 cash bonus with referral code:
Exeter is a small town in South Huron Municipality, Huron County, offering rural Ontario charm with convenient Highway 4 access. Known for its agricultural fair and tight-knit community, Exeter attracts buyers seeking affordability within commuting distance of London and Stratford. Average home prices range from $420,000 to $520,000.
South Huron's growing communities benefit from the region's strong agricultural economy and proximity to Lake Huron's eastern shore. Exeter serves as a commercial hub for surrounding townships.
Buyers in Exeter pay only the Ontario provincial LTT — no municipal surcharge applies anywhere in Huron County. This makes the total cost of home ownership notably lower than in municipalities with additional municipal taxes.
| Purchase Price | Ontario LTT | After FTB Rebate |
|---|---|---|
| $350,000 | $4,075 | $75 |
| $450,000 | $5,475 | $1,475 |
| $420,000 | $5,950 | $1,950 |
| $700,000 | $8,475 | $4,475 |
| $900,000 | $13,475 | $9,475 |
Ontario's land transfer tax uses a tiered bracket system. Unlike Toronto, Exeter buyers pay only the provincial tax — there is no municipal land transfer tax here.
| Purchase Price Range | Tax Rate | Marginal Tax on Range |
|---|---|---|
| First $55,000 | 0.5% | Up to $275 |
| $55,001 – $250,000 | 1.0% | Up to $1,950 |
| $250,001 – $400,000 | 1.5% | Up to $2,250 |
| $400,001 – $2,000,000 | 2.0% | Up to $32,000 |
| Over $2,000,000 | 2.5% | On amount above $2M |
For the full Ontario LTT guide, visit our Ontario Land Transfer Tax page.
First-time buyers in Exeter can receive a rebate of up to $4,000 on their Ontario LTT. This rebate is automatically applied at closing by your real estate lawyer — no separate application is required.
Exeter real estate offers considerable value compared to the Greater Toronto Area, where the average home exceeds $1 million and buyers also pay the Toronto Municipal Land Transfer Tax (MLTT) on top of the provincial tax. Southwestern Ontario's affordability is one of its strongest draws.
Average prices fluctuate with market conditions. Always consult a local REALTOR® for current data. Our calculator uses up-to-date Ontario LTT brackets regardless of the price you enter.
Southwestern Ontario's housing market offers dramatic savings versus the GTA. Consider a $600,000 home in Exeter versus a $1,100,000 home in Toronto:
| Cost | Exeter ($600,000) | Toronto ($1,100,000) |
|---|---|---|
| Ontario LTT | $6,750 | $16,475 |
| Toronto MLTT | $0 | ~$16,475 |
| Total LTT | $6,750 | ~$32,950 |
| Purchase Price Savings | $500,000 less in Exeter | |
The absence of a municipal land transfer tax in Exeter means buyers save over $16,000 in LTT alone versus Toronto — on top of the lower purchase price.
Learn more about Ontario's land transfer tax system on our comprehensive Ontario LTT guide.
No. Only Toronto levies a municipal LTT in Ontario. Buyers in Exeter pay only the provincial Ontario LTT, calculated on the purchase price using the bracket system above.
The LTT is paid on the closing date when title transfers to you. Your real estate lawyer handles the calculation and remittance to the province on your behalf.
No. Land transfer tax must be paid in cash at closing and cannot be added to your mortgage. Budget for it alongside your down payment, legal fees, and home inspection costs.
Yes, outside Toronto the provincial rate applies uniformly. The same bracket system applies whether you buy in Exeter, Ottawa, or Sudbury.
Beyond the LTT, plan for legal fees ($1,500–$2,500), title insurance ($250–$400), home inspection ($400–$600), and any adjustments for prepaid taxes or utilities.
Open a KOHO account to organize your closing costs. Referral code 45ET55JSYA unlocks a $100 cash bonus.
Get $100 with KOHO →