Instantly calculate Ontario LTT for Midland's real estate market — including first-time buyer rebates.
When you buy a home in Midland, you pay Ontario's provincial land transfer tax (LTT) at closing. Midland is not subject to any additional municipal land transfer tax — only the provincial rate applies.
| Purchase Price Portion | Tax Rate |
|---|---|
| First $55,000 | 0.5% |
| $55,001 – $250,000 | 1.0% |
| $250,001 – $400,000 | 1.5% |
| $400,001 – $2,000,000 | 2.0% |
| Over $2,000,000 | 2.5% |
Midland is a picturesque Georgian Bay town known for its rich Indigenous and French-Canadian history, deep-water harbour, and affordable housing market.
The town offers exceptional value for buyers seeking waterfront-adjacent living without the premium prices of Collingwood or Wasaga Beach.
Midland's murals program — featuring large outdoor paintings depicting local history — has made it a cultural destination and was among the first such programs in Canada. While not on the GO Train network, the community is accessible by car from the GTA within 1–2 hours.
Midland consistently offers some of the best housing value on Georgian Bay. Detached homes can be found at prices well below provincial averages, making LTT a smaller proportional cost. This market attracts retirees, remote workers, and buyers seeking recreational properties with year-round utility.
At the Midland average home price of $600,000, the Ontario land transfer tax works out to approximately $8,475. First-time buyers can offset up to $4,000 of that amount through the provincial first-time buyer (FTB) rebate, reducing their net LTT to $4,475.
Use the calculator above to enter your specific purchase price and get an instant, precise Ontario LTT calculation for Midland.
Ontario's First-Time Home Buyer LTT Rebate provides up to $4,000 back to eligible buyers. To qualify:
In Midland, where average prices are around $600,000, the rebate covers a meaningful portion of the total LTT bill. Use the calculator above to see your exact net cost after rebate.
One of the biggest financial advantages of buying in Simcoe County versus the Greater Toronto Area is the significantly lower land transfer tax burden. Consider:
| Location | Avg. Price | Ontario LTT | Toronto MLTT | Total LTT |
|---|---|---|---|---|
| Midland | $600,000 | $8,475 | N/A | $8,475 |
| Toronto (avg ~$1,100,000) | $1,100,000 | $16,475 | $16,475 | $32,950 |
| Collingwood (avg ~$780,000) | $780,000 | $11,875 | N/A | $11,875 |
Buying in Midland can save you thousands of dollars in land transfer tax compared to purchasing in Toronto — money you can put toward your down payment, renovations, or an emergency fund.
Midland was established near the site of the Jesuit mission of Sainte-Marie among the Hurons, founded in 1639 and now a major historic site. The town developed as a railway and steamship terminus in the late 19th century, serving Georgian Bay's lumber industry.
Popular areas in Midland include Downtown Midland, Hillside, Little Lake Park area, and Penetang Road corridor. Home prices can vary significantly by neighbourhood — use the calculator above with your specific target price for a precise LTT estimate.
Beyond land transfer tax, Midland buyers should budget for these closing costs:
For a comprehensive overview of Ontario LTT rules and all city calculators, visit bremo.io/ontario-land-transfer-tax. You can also explore our guide to the best banks in Ontario to maximize your savings before and after your home purchase.
While you can't avoid LTT, you can save on banking fees. KOHO is free forever — save hundreds per year to put toward your Ontario home purchase.
Get KOHO Free — Code 45ET55JSYADoes Midland have a municipal land transfer tax?
No. Only the City of Toronto charges a municipal LTT in Ontario. Buyers in Midland pay only the provincial Ontario LTT.
When is land transfer tax paid?
LTT is collected by your real estate lawyer at closing (the day you take possession). You cannot pay it separately or in installments — it must be available on closing day.
Is land transfer tax deductible?
No. Ontario LTT is not income-tax deductible for personal residential purchases. It is a one-time closing cost added to the adjusted cost base of your property for capital gains purposes if you ever sell.
What if I'm buying with a partner?
Each owner on title shares the LTT liability. The first-time buyer rebate is only available if all buyers qualify as first-time buyers. If your partner has owned a home before, you cannot claim the rebate.
How much is land transfer tax on a $600,000 home in Midland?
On a $600,000 purchase price, Ontario LTT is approximately $8,475. First-time buyers who qualify for the provincial rebate would pay $4,475 net after the $4,000 rebate.