Calculate Ontario land transfer tax on any Oakville home purchase, understand the closing costs and rebates that may apply, and see how Oakville compares with Toronto.
Enter the exact purchase price of a home or condominium in Oakville. Your tax estimate updates automatically as you type.
Buyers in Oakville generally pay Ontario's provincial land transfer tax when a property is registered. Unlike Toronto, Oakville does not impose an additional municipal land transfer tax.
Land transfer tax is calculated progressively. The higher rate applies only to the portion of the purchase price within each bracket.
Portion of purchase price | Rate |
|---|---|
First $55,000 | 0.5% |
$55,000.01 to $250,000 | 1.0% |
$250,000.01 to $400,000 | 1.5% |
$400,000.01 to $2,000,000 | 2.0% |
Above $2,000,000 | 2.5% |
These brackets apply to property containing one or two single-family residences. Different rules can apply to other property categories.
Eligible buyers can receive up to $4,000 back from Ontario. Buyers must meet ownership, age, residence and citizenship or permanent-residency rules. A refund can be reduced when only some purchasers qualify.
Budget beyond the transfer tax: legal fees, title insurance, property tax or condo-fee adjustments, mortgage-related expenses and, where applicable, new-home HST. These costs are not part of the calculator.
A buyer purchasing in the City of Toronto pays both Ontario land transfer tax and Toronto's municipal land transfer tax. Oakville buyers generally pay only the provincial amount.
Provincial tax only
Provincial + municipal tax
This illustration uses a $2,500,000 purchase price and shows standard tax before any first-time buyer refunds. Toronto's higher municipal brackets for purchases above $3 million took effect April 1, 2026.
No. Oakville buyers generally pay Ontario provincial land transfer tax only. The City of Toronto imposes a separate municipal land transfer tax on properties within its boundaries.
The buyer typically pays land transfer tax when the property transfer is registered on closing. Your real estate lawyer will calculate and remit the amount.
Yes. Land transfer tax generally applies to purchases of condominiums, townhouses, detached homes and other eligible real property. The calculation depends on the purchase price and the property's classification.
Eligible first-time buyers may receive up to $4,000. Ontario considers prior ownership anywhere in the world, spousal ownership, the buyer's age and status, and principal-residence occupancy. Your lawyer can confirm whether you qualify.
The standard provincial land transfer tax generally still applies, but additional considerations such as HST, rebates and how consideration is determined may affect the closing budget. Confirm new-construction calculations with your lawyer.
The numbers are an important starting point. Understanding property values, the right neighbourhood and the homes currently available matters just as much.
Sources: Ontario tax rates | First-time buyer refunds | Toronto municipal rates .