Calculate your Ontario land transfer tax for any home purchase in Kitchener, Waterloo, Cambridge, or the surrounding townships. First-time buyer rebate automatically applied.
Updated 2025 · Ontario LTT · No municipal LTT in Waterloo Region · 5-minute read
Waterloo Region LTT Calculator
Purchase Price
Ontario LTT (before rebate)
Ontario FTB Rebate
Net LTT Payable
Note: No municipal land transfer tax applies in Waterloo Region (only Toronto charges a municipal LTT). The Ontario LTT is the only LTT payable.
Ontario Land Transfer Tax Rates 2025
Waterloo Region (Kitchener, Waterloo, Cambridge) has no municipal land transfer tax — only the provincial Ontario LTT applies. This is a major advantage over Toronto, where buyers pay both Ontario and Toronto municipal LTT.
Purchase Price Range
Marginal Rate
Tax on This Portion
First $55,000
0.5%
Up to $275
$55,001 – $250,000
1.0%
Up to $1,950
$250,001 – $400,000
1.5%
Up to $2,250
$400,001 – $2,000,000
2.0%
Up to $32,000
Over $2,000,000
2.5%
On excess
LTT at Common Waterloo Region Price Points
Purchase Price
Ontario LTT
After FTB Rebate
Notes
$450,000
$5,475
$1,475
Cambridge townhome
$600,000
$8,475
$4,475
Kitchener detached
$750,000
$11,475
$7,475
Waterloo detached
$900,000
$14,475
$10,475
Uptown Waterloo premium
$1,100,000
$18,475
$14,475
Beechwood / south Waterloo
Ontario First-Time Buyer LTT Rebate
Ontario's first-time home buyer LTT rebate provides up to $4,000 in tax relief. To qualify:
You must be a Canadian citizen or permanent resident
You must be 18 years of age or older
You must occupy the home as your principal residence within 9 months
You must never have owned a home anywhere in the world previously
If buying with a spouse, they also cannot have previously owned a home
The rebate fully eliminates LTT on Waterloo Region homes priced up to approximately $368,333. For higher prices, it reduces the payable amount by exactly $4,000.
Save on Closing Costs with Fee-Free Banking
After paying land transfer tax and other closing costs, keep more of your money by switching to KOHO — $0/month with 3% interest on your chequing balance. Waterloo Region buyers save $130–$360/year in avoided bank fees. Use code 45ET55JSYA for a bonus.
Does Waterloo Region charge a municipal land transfer tax?
No — Waterloo Region municipalities (Kitchener, Waterloo, Cambridge, and the townships) do not charge a municipal land transfer tax. Only the Ontario provincial LTT applies. This is a significant cost advantage over Toronto, where buyers pay both provincial and city LTT, adding thousands to closing costs.
How much is land transfer tax on a $650,000 home in Kitchener?
The Ontario LTT on a $650,000 Kitchener home is $9,475. If you qualify as a first-time buyer, the rebate of $4,000 reduces it to $5,475 net payable. Use the calculator above for any specific price point.
What is the Ontario first-time buyer LTT rebate maximum?
The Ontario first-time home buyer LTT rebate maximum is $4,000. It fully eliminates Ontario LTT on homes priced up to approximately $368,333. For higher prices, it reduces the payable LTT by exactly $4,000. The rebate is applied at closing through your real estate lawyer.
Who pays land transfer tax in Ontario?
The buyer pays land transfer tax in Ontario. It is paid at closing through your real estate lawyer and is due on the date of title transfer. The amount is based on the purchase price of the property as stated in the Agreement of Purchase and Sale.