2026 Ontario LTT Calculator · First-Time Buyer Rebate · Niagara Region
Buying in Niagara Falls means you pay only Ontario's provincial land transfer tax — there is no Toronto Municipal Land Transfer Tax (MLTT) here. At the Niagara Falls median of $540,000, a buyer in Toronto would pay approximately $14,550 in combined LTT, while a Niagara Falls buyer pays just $7,275 — a saving of $7,275.
| 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.
Niagara Falls offers some of the lowest entry prices for detached homes in Southern Ontario. At the median of $540,000, a first-time buyer pays Ontario LTT of $7,575, receives the $4,000 rebate, and owes a net $3,575 at closing.
Niagara Falls is in Niagara Region — no Toronto MLTT applies. A $540,000 purchase in Toronto would cost $15,150 in combined LTT, versus just $7,575 in Niagara Falls — a saving of $7,575.
| Scenario | Ontario LTT | Toronto MLTT | Total LTT |
|---|---|---|---|
| Buy in Niagara Falls at $540,000 | $7,275 | None | $7,275 |
| Buy in Toronto at $540,000 | $7,275 | $7,275 | $14,550 |
| Savings by buying in Niagara Falls | $7,275 | ||
For a full breakdown of Ontario LTT rules, visit our Ontario Land Transfer Tax guide.
Niagara Falls is one of Ontario's most recognizable cities, offering surprisingly affordable housing alongside tourist infrastructure and US border access. Local buyers and investors are drawn to neighbourhoods such as Stamford, Chippawa, Lundy's Lane, Downtown Niagara Falls, and Willoughby. The city's location in Niagara Region means only Ontario's provincial LTT applies.
Use the calculator above to model the exact Ontario LTT for any purchase price in Niagara Falls.
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No. Only the City of Toronto charges a municipal LTT on top of Ontario's provincial LTT. Since Niagara Falls is in Niagara 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 Niagara Falls. 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.