The City of Toronto charges its own municipal land transfer tax (MLTT) on top of Ontario's provincial tax. For homes up to $2 million, the city's brackets mirror the province's, so most Toronto buyers pay about double what they'd pay elsewhere in Ontario.
Toronto MLTT rates
| Portion of the price | Rate |
|---|---|
| Up to $55,000 | 0.5% |
| $55,000 to $250,000 | 1.0% |
| $250,000 to $400,000 | 1.5% |
| $400,000 to $2,000,000 | 2.0% |
| $2,000,000 to $3,000,000 | 2.5% |
| Above $3,000,000 (residential) | Graduated luxury rates of 4.4% to 8.6%, since April 1, 2026 |
New for 2026: Toronto raised the rates on the portion of residential purchases above $3 million, effective April 1, 2026, with graduated bands from 4.4% up to 8.6% on the most expensive homes. If you're buying in this range, ask your lawyer for the exact figure.
Examples (before rebates)
| Price | Ontario | Toronto | Total |
|---|---|---|---|
| $600,000 | $8,475 | $8,475 | $16,950 |
| $900,000 | $14,475 | $14,475 | $28,950 |
| $1,200,000 | $20,475 | $20,475 | $40,950 |
Where it applies
Only within the City of Toronto's boundaries: the former municipalities of Toronto, North York, Scarborough, Etobicoke, York and East York. Mississauga, Vaughan, Markham, Brampton and the rest of the GTA don't charge a municipal land transfer tax.
First-time buyer rebate
Eligible first-time buyers get up to $4,475 back on the Toronto tax, on top of up to $4,000 on the provincial tax. See first-time buyer rebates.
Frequently asked questions
Do you pay two land transfer taxes in Toronto?
Yes. Buyers in the City of Toronto pay both the Ontario land transfer tax and the Toronto municipal land transfer tax.
Does Mississauga have a municipal land transfer tax?
No. Toronto is currently the only Ontario municipality that charges one.
How is Toronto MLTT paid?
Your lawyer pays it at closing, at the same time as the provincial tax, when the deed is registered.
Sources
- City of Toronto, Municipal Land Transfer Tax