Land Transfer Tax — Hamilton, ON

Ontario LTT Calculator — Hamilton

Land Transfer Tax in Hamilton, Ontario

Hamilton is one of Ontario's fastest-growing cities, attracting buyers from the GTA with its lower home prices, revitalized downtown core, thriving arts scene, and excellent access to major highways and GO Transit. The city spans diverse neighbourhoods from the historic lower city and James Street North arts district to communities on the Escarpment like Ancaster, Dundas, and Flamborough.

When buying a home in Hamilton, you pay only the provincial Ontario Land Transfer Tax. Hamilton does not charge a municipal LTT, keeping closing costs lower than Toronto where buyers face both taxes.

Ontario LTT Rates (2024)

• 0.5% on the first $55,000
• 1.0% on $55,001–$250,000
• 1.5% on $250,001–$400,000
• 2.0% on $400,001–$2,000,000
• 2.5% on amounts over $2,000,000

Hamilton home prices have moderated from their pandemic peaks but remain elevated. Detached homes in established areas average $650,000–$850,000, while the Mountain and newer suburban communities offer options in the $550,000–$750,000 range. LTT on a $700,000 purchase is approximately $10,475.

First-Time Buyer Rebate

Ontario's first-time home buyer rebate offsets LTT entirely on the first $368,000 of purchase price — maximum saving of $4,000. You must never have owned a home anywhere in the world, and the property must be your primary residence.

Typical Closing Costs

• Ontario Land Transfer Tax
• Legal/notary fees: $1,200–$2,000
• Title insurance: $250–$400
• Home inspection: $400–$600
• Property tax adjustment
• Moving costs

For the complete Ontario LTT guide, visit bremo.io/ontario-land-transfer-tax.

Frequently Asked Questions

Does Hamilton have a municipal land transfer tax?

No. Hamilton does not have a municipal LTT. Only the provincial Ontario land transfer tax applies when you purchase a home here.

When do I pay LTT?

LTT is paid on closing day and is typically handled by your real estate lawyer as part of your closing statement.

Does Hamilton have GO Transit access?

Yes. GO Train service connects Hamilton to Toronto's Union Station, making it a popular choice for Toronto commuters. The planned Hamilton LRT will further improve transit options in coming years.