Updated: April 2025 | bremo.io financial guides
Oshawa Ontario Land Transfer Tax Calculator 2025
Buying a home in Oshawa means paying Ontario's Provincial Land Transfer Tax at closing. The good news: unlike Toronto, Oshawa has no municipal land transfer tax. You only pay the provincial amount. This calculator and guide shows you exactly what you'll owe, what first-time buyers can recover, and how Oshawa's LTT compares to buying in Toronto.
Ontario LTT Rates (2025) — Applicable in Oshawa
| Purchase Price Portion | Tax Rate |
|---|
| First $55,000 | 0.5% |
| $55,001 – $250,000 | 1.0% |
| $250,001 – $400,000 | 1.5% |
| $400,001 – $2,000,000 | 2.0% |
| Above $2,000,000 | 2.5% |
LTT Examples at Oshawa Home Prices
Oshawa detached home prices typically range from $650,000 to $900,000. Here's what the LTT looks like at common price points:
| Purchase Price | Gross LTT | After FTB Rebate |
|---|
| $550,000 | $8,475 | $4,475 |
| $650,000 | $10,475 | $6,475 |
| $750,000 | $12,475 | $8,475 |
| $850,000 | $14,475 | $10,475 |
| $950,000 | $16,475 | $12,475 |
| $1,100,000 | $19,475 | $15,475 |
Oshawa vs. Toronto LTT Savings: A buyer purchasing a $750,000 home in Oshawa pays $12,475 in LTT. The same purchase in Toronto would cost approximately $24,475 (provincial + municipal). Buying in Oshawa saves you $12,000 in LTT alone — a significant portion of your closing costs.
First-Time Home Buyer Rebate in Oshawa
Ontario's first-time home buyer rebate reduces your LTT by up to $4,000. Eligibility requirements:
- Must be 18 or older
- Must occupy as principal residence within 9 months of closing
- Must never have owned an eligible home anywhere in the world
- Spouse or common-law partner also must never have owned a home (or your rebate is proportionately reduced)
The rebate fully offsets LTT on Oshawa purchases up to approximately $368,000. Above that price, you receive the full $4,000 rebate and pay the balance. At $750,000, you'd owe $12,475 − $4,000 = $8,475 net LTT.
Other Closing Costs to Budget in Oshawa
- Legal fees: $1,200–$2,500
- Home inspection: $400–$600
- Title insurance: $200–$400
- CMHC premium: Added to mortgage if less than 20% down
- Property tax adjustment: Reimburse seller for prepaid taxes
- Moving costs: $1,500–$4,000 for a GTA-adjacent move to Oshawa
LTT Planning Tips for Oshawa Buyers
- Claim the first-time buyer rebate if eligible — up to $4,000 back at closing
- Use an FHSA to save tax-free for your down payment AND closing costs (LTT is a closing cost)
- Budget for total closing costs of 2–3% of purchase price
- Include LTT in your down payment savings plan — it's due at closing, not rolled into the mortgage
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