Land Transfer Tax is a major element in determining closing fees for a Home Buyer. Also, Land Transfer Tax costs vary by Province and sometime by City, thus can become somewhat complicated to calculate. For your convenience, you will find a useful Land Transfer Tax calculator below that will generate the Land Transfer Tax amount you will owe at closing. Follow the instructions in the Green Box, then select your Provice and City and check the box if you are a First Time Home Buyer so that the tools calculates any Rebates you will be entitled for.
Please note: This calculator should result accurate figures, however, please consult with your Lawyer to determine the actual amount of Land Transfer Tax owing.