08/18/2026
Buyers often underestimate the land transfer tax, which is one of their largest closing costs.
In Ontario, the amount you pay is based on the purchase price, with tiered calculations that can add thousands of dollars to your upfront costs. While some first-time buyers may qualify for rebates, the final number surprises many purchasers.
The Land Transfer Tax in Ontario outlines its calculation, payment schedule, and impact on your overall closing costs in Kingston and nearby regions.
Ensure you properly account for this cost before you complete your purchase.
Bill Stevenson, REALTOR®
Century 21 Lanthorn Real Estate
Kingston, ON
613-449-2630
Land transfer tax is a major closing cost for Ontario buyers. This guide explains how LTT is calculated, how it applies to homes, condos, commercial buildings, and vacant land, and why first time buyers must never have been on title anywhere else to qualify for rebates.