First-Time Buyers

See What You Could Save as a First-Time Buyer

Buying your first home? Estimate the Land Transfer Tax refund/rebate that may be available based on your purchase price and where you're buying.

$

This calculator automatically assumes you are a first-time homebuyer.

Estimated First-Time Buyer Savings

$4,000

$750,000 purchase · Outside Toronto

Land Transfer Tax Before First-Time Buyer Benefits

Ontario Land Transfer Tax$11,475
Total Before Credits$11,475

Your Potential First-Time Buyer Benefits

Ontario First-Time Buyer Refund-$4,000
Estimated First-Time Buyer Savings$4,000
Estimated Land Transfer Tax After Credits$7,475

Important

This calculator assumes you qualify as a first-time homebuyer under the applicable Ontario and, where relevant, City of Toronto rules. Eligibility requirements apply. Confirm your eligibility and final Land Transfer Tax amount with your real estate lawyer before relying on this estimate.

Buying your first home?

Understand More Than Just the Credit

Your Land Transfer Tax benefit is only one part of the cash you'll need to purchase your first home. See your estimated minimum down payment and major closing costs next.

Estimates are provided for planning purposes only. Tax rules, eligibility and transaction circumstances can affect the final amount payable. Confirm your actual Land Transfer Tax and eligibility for any first-time buyer refund/rebate with your real estate lawyer.