Commercial Land Transfer Tax Calculator for Ontario and Toronto
Commercial, industrial and multi-unit property: the provincial tax, the Toronto municipal tax, and the total.
By Ashita Chandra, AACI, P.App — Director of Valuations
Land transfer tax on a commercial, industrial or multi-unit property in Ontario is 0.5% of the first $55,000, 1% of the next $195,000 and 1.5% of everything above $250,000. The 2% and 2.5% brackets apply only to property containing one or two single-family residences. In Toronto a second, municipal tax is added: 0.5%, 1% and 1.5% on the same first three bands, then 2% above $400,000. There is no first-time-buyer rebate on commercial property. Enter the price and the location to see both taxes and the total.
Provincial land transfer tax
$73,475
Toronto municipal land transfer tax
Not applicable outside Toronto
Total
$73,475
Effective rate
1.47%
| Band | Rate | Amount in band | Tax |
|---|---|---|---|
| $0 to $55,000 | 0.5% | $55,000 | $275 |
| $55,000 to $250,000 | 1% | $195,000 | $1,950 |
| Above $250,000 | 1.5% | $4,750,000 | $71,250 |
Payable by the buyer on registration. Toronto also charges an administration fee on registration. HST, legal fees and the Toronto fee are not included.
How the tax is calculated
The provincial tax on non-residential property is 0.5% of the first $55,000 of the price, plus 1% of the part between $55,000 and $250,000, plus 1.5% of everything above $250,000.
The Toronto municipal tax on non-residential property is 0.5% of the first $55,000, plus 1% of the part between $55,000 and $250,000, plus 1.5% of the part between $250,000 and $400,000, plus 2% of everything above $400,000. It is added to the provincial tax, not instead of it.
Sources: Ontario Land Transfer Tax Act rates (ontario.ca) and the City of Toronto MLTT rates and fees page, verified October 15, 2026. Toronto's April 1, 2026 increase applies only to property with one or two single-family residences; the non-residential schedule is unchanged.
What is not in this number
This is the land transfer tax only. It leaves out HST on the purchase where it applies, legal and registration fees, the Toronto administration fee, and any adjustments on closing. The tax is charged on the consideration stated in the transfer, so the price you enter should be that figure.
Related reading: what affects an appraisal fee, commercial property valuation, and bank appraisal vs private appraisal.
Commercial land transfer tax FAQ
Is there land transfer tax on commercial property in Ontario?
Yes. Every transfer of land in Ontario pays the provincial tax, and a transfer inside the City of Toronto pays the municipal tax as well. Commercial, industrial, multi-unit and vacant land all pay on the non-residential schedule.
Does the 2% bracket apply to commercial property?
No. For non-residential property the rate is 1.5% on everything above $250,000. The 2% and 2.5% brackets apply only to property containing one or two single-family residences.
Does Toronto's 2026 increase apply to commercial property?
No. The brackets added on April 1, 2026 apply to property with one or two single-family residences. Non-residential property in Toronto stays at 2% above $400,000.
Does the non-resident speculation tax apply to commercial property?
No. It applies to residential property.
Is there a rebate for commercial buyers?
No. The first-time-buyer rebates apply to residential purchases only.
Is a store with an apartment above taxed as commercial?
If the land contains one or two single-family residences, the residential schedule applies to the whole consideration, so the tax is higher above $400,000. Ask your lawyer before you rely on the commercial rate.
Is land transfer tax deductible?
Usually it is added to the property's cost for tax purposes rather than expensed in the year. Confirm with your accountant.
AACI, P.App
Ashita Chandra is an AACI-designated appraiser and Director of Valuations at Aion Appraisals & Consulting, preparing commercial property appraisals across Ontario.
Verify this designation in the Appraisal Institute of Canada directoryNeed the number a lender will accept?
A CUSPAP-compliant appraisal signed by an AACI-designated appraiser, usually 5–10 business days after the site visit.