Land Transfer Tax Stoney Creek ON

Land Transfer Tax in Stoney Creek, Ontario

Stoney Creek is a community within the City of Hamilton, located on the eastern end of the city along Lake Ontario and the Niagara Escarpment. It is known for its beach communities, scenic escarpment views, and diverse range of housing from lakefront estates to affordable starter homes and new townhome developments.

As part of Hamilton, Stoney Creek does not have a separate municipal LTT. Only the provincial Ontario Land Transfer Tax applies to all home purchases in Stoney Creek.

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

Stoney Creek offers a broad price range. Lakefront and escarpment-view properties can exceed $1M, while standard detached homes in areas like Battlefield and Fruitland typically list for $600,000–$850,000. Townhomes and condos provide more accessible entry points starting around $450,000.

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 Stoney Creek have a municipal land transfer tax?

No. Stoney Creek 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.

Is Stoney Creek part of Hamilton for tax purposes?

Yes. Stoney Creek is an amalgamated community within the City of Hamilton. The same Ontario LTT rules apply as for all Hamilton properties.

Land Transfer Tax — Stoney Creek, ON

Ontario LTT Calculator — Stoney Creek