Join the Beta Group
Help develop an efficient solution for your industry
We are looking for 20 Ontario law firms to work with us to provide feedback as we prepare to bring our mortgage discharge undertakings solution to market. This automated and digitized platform is designed to manage all discharge undertakings with little-to-no post-closing labour for all transaction types including Sales, Purchases and Mortgage files.
To get a sneak peak of what this platform will look like, watch the video below.
Provide feedback to us in real time before we launch this solution to your peers.
Complete the form below to sign up for this exclusive beta and we’ll reach out to you within a few days to get started.
Toronto Land Transfer Tax
The Toronto Land Transfer Tax is applicable to all transfers of property within the city limits of Toronto, Ontario with closing dates on or after February 1, 2008.
The Toronto Land Transfer Tax is in addition to the Ontario Land Transfer Tax.
Calculating Toronto Land Transfer Tax
The Toronto Land Transfer Tax will be charged on a graduated basis depending on the value of consideration paid for the property.
For property containing at least one, and not more than two, single family residences:
| Value of Consideration | MLTT Rate |
| Up to and including $55,000 | 0.5% plus |
| Over $55,000.00 to $400,000 | 1.0% plus |
| Over $400,000 | 2.0% |
For all other property:
| Value of Consideration | MLTT Rate |
| Up to and including $55,000 | 0.5% plus |
| Over $55,000.00 to $400,000 | 1.0% plus |
| Over $400,000.00 to $40,000,000 | 1.5% plus |
| Over $40,000,000 | 1.0% |
