Updated: April 2025  |  bremo.io financial guides

Ottawa Land Transfer Tax Calculator 2025

Ottawa buyers pay Ontario's provincial Land Transfer Tax (LTT) when purchasing a home. Unlike buyers in Toronto, Ottawa buyers do NOT pay a municipal land transfer tax — only the provincial rate applies. Use this calculator to instantly determine your LTT amount, including the first-time home buyer rebate if applicable.

Ontario LTT Rates Explained

The Ontario Land Transfer Tax is a marginal/progressive tax, calculated as follows:

• 0.5% on the first $55,000 of the purchase price
• 1.0% on the portion between $55,001 and $250,000
• 1.5% on the portion between $250,001 and $400,000
• 2.0% on the portion between $400,001 and $2,000,000
• 2.5% on any amount above $2,000,000

Each rate applies only to the portion of the price within that bracket — similar to how income tax brackets work.

Ottawa vs. Toronto: The Municipal LTT Difference

Ottawa's lack of a municipal LTT is a significant financial advantage over Toronto buyers. Toronto home buyers pay both Ontario provincial LTT AND a City of Toronto municipal LTT (at approximately the same rate as the provincial tax). On a $700,000 Toronto home, buyers pay roughly $20,950 in combined LTT. Ottawa buyers at the same price pay only $10,475. That's a $100+ advantage for Ottawa buyers — a meaningful cost difference that many Torontonians don't realize until they compare.

First-Time Buyer LTT Rebate in Ontario

Ontario first-time home buyers receive a rebate on the Land Transfer Tax of up to $4,000. For homes priced below approximately $368,000, the rebate eliminates the LTT entirely. For more expensive properties, it reduces the LTT by $4,000. To qualify:

• Must be a Canadian citizen or permanent resident
• Must be at least 18 years old
• Must occupy the home as principal residence within 9 months of closing
• Cannot have previously owned a home anywhere in the world
• Spouse cannot have owned a home while your spouse

When Is LTT Due?

The Land Transfer Tax is payable at closing — when title changes hands at the land registry. Your real estate lawyer handles the payment on your behalf. You must have sufficient funds in your real estate trust account to cover LTT plus other closing costs before your lawyer can complete the transaction.

LTT Examples for Ottawa Price Points