2026 Ontario LTT Calculator · First-Time Buyer Rebate · Durham Region
Buying in Oshawa means you pay only Ontario's provincial land transfer tax — there is no Toronto Municipal Land Transfer Tax (MLTT) here. At the Oshawa median of $650,000, a buyer in Toronto would pay approximately $18,950 in combined LTT, while a Oshawa buyer pays just $9,475 — a saving of $9,475.
Ontario LTT is calculated using a marginal bracket system — similar to income tax. Only the portion of the purchase price within each bracket is taxed at that rate:
| 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 |
Example at $650,000 (Oshawa median):
Ontario's First-Time Homebuyer Land Transfer Tax Rebate can save you up to $4,000 on your Ontario LTT bill. Here's how it works:
First-time buyers in Oshawa frequently qualify for the full $4,000 FTB rebate; detached homes in the $550K–$750K range are attainable for many buyers.
At Oshawa's median price of $650,000, a first-time buyer pays $9,475 in Ontario LTT, receives a $4,000 rebate, and owes a net $5,475 at closing.
The City of Toronto charges its own Municipal Land Transfer Tax (MLTT) on top of the provincial Ontario LTT — effectively doubling the transfer tax burden. Since Oshawa is in Durham Region and not within Toronto's city limits, buyers here pay only the Ontario LTT.
| Scenario | Ontario LTT | Toronto MLTT | Total LTT |
|---|---|---|---|
| Buy in Oshawa at $650,000 | $9,475 | None | $9,475 |
| Buy in Toronto at $650,000 | $9,475 | $9,475 | $18,950 |
| Savings by buying in Oshawa | $9,475 | ||
That's $9,475 more you keep in your pocket — money that could cover moving costs, furniture, or go straight into your FHSA or RRSP.
For a full breakdown of Ontario LTT rules, visit our Ontario Land Transfer Tax guide.
Oshawa has transformed from a solely automotive city into a thriving educational and healthcare hub anchored by Ontario Tech University and Durham College, with some of the GTA's most affordable home prices.
Popular neighbourhoods include McLaughlin, Vanier, Farewell, Centennial, Samac, and Windfields. Home prices vary significantly by neighbourhood — use the calculator above to model the exact LTT for any purchase price.
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No. Only the City of Toronto charges a municipal LTT on top of Ontario's provincial LTT. Since Oshawa is in Durham 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 of the property as registered with the province.
Yes. Ontario's FTB rebate applies anywhere in the province, including Oshawa. 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.
Yes, Ontario LTT applies to all residential real estate transactions including new construction. Buyers of pre-construction condos and new-build homes pay LTT on the final purchase price on the registration date.
For more details, see our comprehensive Ontario Land Transfer Tax guide.