Land Transfer Tax — Thorold, ON

Instant Ontario LTT calculator for Thorold home buyers. First-time buyer rebate up to $4,000.

Ontario LTT Calculator — Thorold

Home Purchase Price ($) First-time buyer (rebate up to $4,000)

Ontario Land Transfer Tax:

Land Transfer Tax in Thorold, Ontario

Thorold is a small but growing city in the Niagara Region, situated between St. Catharines and Welland along the Welland Canal. Home buyers here pay only the provincial Ontario Land Transfer Tax — there is no municipal LTT in Thorold.

With Brock University just minutes away and easy access to both Highway 406 and the QEW, Thorold attracts students, young families, and commuters who want Niagara living without the higher price tags of St. Catharines or Niagara Falls.

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

Thorold home prices typically range from $450,000 to $600,000 for detached properties. At $500,000, buyers can expect to pay roughly $6,475 in Ontario LTT before any rebates.

First-Time Buyer Rebate

Ontario's first-time home buyer rebate offsets LTT on the first $368,000 of purchase price — saving eligible buyers up to $4,000. You must never have owned a home anywhere in the world, and the home must become your primary residence.

Closing Costs to Budget For

Ontario Land Transfer Tax (use calculator above)
Legal fees: $1,200–$2,000
Title insurance: $250–$400
Home inspection: $400–$600
Property tax adjustment at closing
Moving expenses

For full Ontario LTT details and rules, visit bremo.io/ontario-land-transfer-tax.

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Frequently Asked Questions

Does Thorold have a municipal land transfer tax?

No. Thorold does not charge a municipal LTT. Only the provincial Ontario land transfer tax applies — unlike Toronto, where buyers pay both.

When is LTT paid?

Land transfer tax is due on your closing date. Your real estate lawyer collects it as part of your closing costs and remits it to the Ontario government.

Are there new builds in Thorold?

Yes, Thorold has seen significant new development in recent years, particularly townhomes and detached homes aimed at first-time buyers and young families. New builds still require LTT payment.