Land Transfer Tax Calculator Ontario. Need help knowing how much your ontario land transfer tax will be. The ontario first time home buyer tax credit also known as the land transfer tax rebate has a value of the full amount of the ontario land transfer tax up to a maximum 4000.
Land transfer tax calculator elliott hills elliott and hills ontario land transfer tax calculator calculator by note. If father and son buy a home or any two non spouses and one only is a first time buyer with a 50 interest for example such first time buyer can claim a refund of 50 of the ontario land transfer tax refund available being half of 400000. To provide you with an accurate amount of the tax you can expect to pay use nestos land transfer tax calculator as a quick and easy online tool.
To obtain this refund you need to apply within 18 months after the purchase of the home.
Land transfer tax calculator pickering ajax whitby toronto. To obtain this refund you need to apply within 18 months after the purchase of the home. The ontario land transfer tax refund is equal to the full value of the land transfer tax up to a maximum of 4000. Based on ontario land transfer tax rates the rebate will cover the fully taxed amount on houses up to 227500.