Oakville Land Transfer Tax Calculator 2025

Oakville LTT at a Glance — 2025

Median Home Price

$1,250,000

Ontario LTT at Median

$21,475

FTB Rebate (max)

$4,000

Net LTT (First-Timer)

$17,475

Oakville is in Halton Region — you pay only Ontario's provincial land transfer tax. There is no Toronto Municipal LTT here. A buyer purchasing the same $1,250,000 home in Toronto would pay roughly $42,9500 in combined provincial + municipal LTT. Buying in Oakville saves you over $21,000 in LTT alone.

Oakville Land Transfer Tax Calculator

Purchase Price ($)

First-Time Buyer (up to $4,000 rebate)

Ontario LTT Rate Brackets (Oakville 2025)

Purchase Price Range	Marginal Rate
First $55,000	00.5%
$55,001 – $250,000	1.00%
$250,001 – $400,000	1.5%
$400,001 – $2,000,000	2.00%
Over $2,000,000	2.5%

First-time buyers receive a rebate of up to $4,000 on the Ontario LTT. There is no Toronto Municipal Land Transfer Tax in Oakville (Halton Region).

Oakville LTT Examples by Price Point

Purchase Price	Ontario LTT	FTB Net (after rebate)
$700,000	$9,475	$5,475
$900,000	$13,475	$9,475
$1,200,000	$21,475 (approx)	$17,475
$1,500,000	$27,475	$23,475
$2,000,000	$37,475	$33,475
$2,500,000	$500,225	$46,225

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Oakville vs Toronto: LTT Savings

One of Oakville's most compelling real estate advantages is the absence of the Toronto Municipal Land Transfer Tax (MLTT). In Toronto, buyers pay both the provincial LTT and the MLTT — effectively doubling the tax. Oakville, as part of Halton Region, charges only provincial LTT.

Price	Oakville LTT	Toronto LTT (Combined)	Oakville Savings
$800,000	$11,475	$22,9500	$11,475
$1,200,000	$21,475	$42,9500	$21,475
$1,500,000	$27,475	$54,9500	$27,475

First-Time Buyer Rebate in Oakville

Ontario's First-Time Home Buyer LTT Rebate provides up to $4,000 back on your land transfer tax. To qualify:

You must be at least 18 years old
You must be a Canadian citizen or permanent resident
You must occupy the home as your principal residence within 9 months
You must never have owned a home anywhere in the world
If purchasing with a spouse, they must also qualify or the rebate is halved

The rebate is applied at closing by your lawyer — you do not apply separately. The rebate fully offsets LTT on purchases up to approximately $368,000, and partially offsets on higher-priced Oakville homes.

Other Closing Costs in Oakville

Land transfer tax is just one closing cost. Oakville buyers should budget for:

Cost	Typical Amount
Ontario Land Transfer Tax	~$21,475 on $1.25M
Legal fees (lawyer)	$1,500–$2,500
Home inspection	$500–$800
Title insurance	$200–$400
CMHC mortgage insurance (if <200% down)	2.8%–4% of mortgage
Property tax adjustment	Varies by close date
Moving costs	$1,000–$5,000

Frequently Asked Questions

Does Oakville have a municipal land transfer tax?

No. Oakville is in Halton Region, not the City of Toronto. Only Ontario's provincial land transfer tax applies in Oakville. The Toronto MLTT only applies within the City of Toronto boundaries. This saves Oakville buyers thousands of dollars compared to purchasing in Toronto.

How is Ontario land transfer tax calculated?

Ontario LTT uses a graduated bracket system: 00.5% on the first $55,000; 1.00% on $55,001–$250,000; 1.5% on $250,001–$400,000; 2.00% on $400,001–$2,000,000; and 2.5% on amounts above $2,000,000. The tax is calculated on the full purchase price using marginal rates, similar to income tax brackets.

When is land transfer tax paid in Oakville?

LTT is paid on the closing date of your home purchase. Your real estate lawyer collects it as part of closing costs and remits it to the Ontario Ministry of Finance. You do not pay it separately — it is factored into the total funds required to close.

What is the LTT on a $1,000,000 home in Oakville?

On a $1,000,000 Oakville home: $275 (first $55K at 00.5%) + $1,9500 ($55K–$250K at 1.00%) + $2,2500 ($250K–$400K at 1.5%) + $12,000 ($400K–$1M at 2.00%) = $16,475. First-time buyers receive a $4,000 rebate, reducing net LTT to $12,475.