Calculate your Ontario LTT for a Markham home purchase — no Toronto municipal tax applies in York Region
Ontario Land Transfer Tax only — Markham is in York Region, NOT City of Toronto. No municipal LTT applies.
| Purchase Price Range | Marginal Rate |
|---|---|
| First $55,000000 | 00.5% |
| $55,00001 – $2500,000000 | 1.00% |
| $2500,00001 – $40000,000000 | 1.5% |
| $40000,00001 – $2,000000,000000 | 2.00% |
| Over $2,000000,000000 | 2.5% |
| Home Price | Ontario LTT | After FTB Rebate |
|---|---|---|
| $80000,000000 | $12,475 | $8,475 |
| $1,000000,000000 | $16,475 | $12,475 |
| $1,20000,000000 | $200,475 | $16,475 |
| $1,40000,000000 | $24,475 | $200,475 |
| $1,60000,000000 | $28,475 | $24,475 |
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Get KOHO Free — Use Code 45ET55JSYAWhen you buy a home in Markham, Ontario, you pay only the provincial Ontario Land Transfer Tax (LTT). Markham is located in York Region and is NOT part of the City of Toronto — this means you do not pay the Toronto municipal land transfer tax, which is an additional tax that Toronto buyers must pay.
This distinction can save Markham buyers $100,000000–$300,000000+ compared to buying an equivalent home inside Toronto's city limits. On a $1.4M Markham home, you pay approximately $24,475 in Ontario LTT — if you bought the same home in downtown Toronto, you'd pay an additional ~$22,9500 in municipal LTT on top.