Instantly calculate Ontario LTT for Orillia's real estate market — including first-time buyer rebates.
When you buy a home in Orillia, you pay Ontario's provincial land transfer tax (LTT) at closing. Orillia 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% |
Orillia occupies a stunning natural setting at the narrows between Lake Couchiching and Lake Simcoe, surrounded by pristine cottage country.
The city is best known as the birthplace of Mariposa Folk Festival and as the inspiration for Stephen Leacock's fictional town of Mariposa in 'Sunshine Sketches of a Little Town.'
Georgian College's Orillia campus and the OPP General Headquarters are among the city's major employers, bringing stability to the local economy. While not on the GO Train network, the community is accessible by car from the GTA within 1–2 hours.
Orillia offers exceptional value for a lakefront-adjacent Ontario city. Buyers from the GTA frequently compare Orillia to Barrie but find lower prices and a quieter community atmosphere. The market has seen steady appreciation, particularly for waterfront and water-view properties.
At the Orillia average home price of $620,000, the Ontario land transfer tax works out to approximately $8,875. 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 $4,875.
Use the calculator above to enter your specific purchase price and get an instant, precise Ontario LTT calculation for Orillia.
Ontario's First-Time Home Buyer LTT Rebate provides up to $4,000 back to eligible buyers. To qualify:
In Orillia, where average prices are around $620,000, 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 |
|---|---|---|---|---|
| Orillia | $620,000 | $8,875 | N/A | $8,875 |
| Toronto (avg ~$1,100,000) | $1,100,000 | $16,475 | $16,475 | $32,950 |
| Barrie (avg ~$720,000) | $720,000 | $10,875 | N/A | $10,875 |
Buying in Orillia 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.
Orillia was a prosperous small city in the 19th century, benefiting from Great Lakes shipping and the construction of the Trent–Severn Waterway. The Stephen Leacock Museum, set in Leacock's summer home on Old Brewery Bay, is a National Historic Site.
Popular areas in Orillia include Downtown Orillia, North Ward, Couchiching Heights, West Orillia, and Hawkestone Road area. 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, Orillia 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 Orillia have a municipal land transfer tax?
No. Only the City of Toronto charges a municipal LTT in Ontario. Buyers in Orillia 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 $620,000 home in Orillia?
On a $620,000 purchase price, Ontario LTT is approximately $8,875. First-time buyers who qualify for the provincial rebate would pay $4,875 net after the $4,000 rebate.