When purchasing real estate in Ontario, understanding the land transfer tax (LTT) is crucial. At Joshi Law Office, we offer a simple and easy-to-use Land Transfer Tax Calculator to help you estimate the tax payable on your property purchase.
The Land Transfer Tax is a fee paid to the government when real estate is transferred from one person to another. In Ontario, the tax is based on the purchase price of the property, and the rate increases progressively based on the value of the property.