Tools
Buyer calculators
Canadian math: semi-annual compounding, CMHC premium tiers, and Ontario's land transfer tax brackets with the first-time buyer rebates applied.
Mortgage payment
Estimate only. Lender rates, stress test qualification (contract rate + 2%) and property taxes are not included. Ali can connect you with a mortgage broker for a pre-approval.
Land transfer tax
| Ontario bracket | 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% |
| Over $2,000,000 (1–2 family residential) | 2.5% |
Toronto's municipal tax mirrors these brackets below $3M, with higher graduated rates above. Rebates: Ontario up to $4,000, Toronto up to $4,475. Durham Region has no municipal land transfer tax.