Land Transfer Tax — Welland, ON

Ontario LTT Calculator — Welland

Land Transfer Tax in Welland, Ontario

Welland is one of the most affordable cities in the Niagara Region, making it a popular destination for first-time buyers and investors seeking strong rental yields. When purchasing a home in Welland, you pay the provincial Ontario Land Transfer Tax — no municipal LTT applies here.

Known for the Welland Canal, the city bridges Lake Erie and Lake Ontario and has a proud industrial and sports heritage. Welland's affordability relative to St. Catharines and Niagara Falls continues to attract buyers priced out of larger nearby markets.

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

Detached homes in Welland typically range from $400,000 to $560,000, making LTT obligations generally between $4,475 and $8,000 for most buyers. First-time buyers can save up to $4,000 with the provincial rebate.

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.

Frequently Asked Questions

Does Welland have a municipal land transfer tax?

No. Welland 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.

Is Welland a good place to buy a first home?

Yes. Welland's lower price point means more buyers qualify for the full $4,000 first-time buyer rebate. It's one of the most accessible markets in Niagara for entry-level buyers.