Is there a land transfer tax in Mississauga?

Mississauga buyers pay Ontario's provincial land transfer tax but not a separate municipal land transfer tax. This is a meaningful difference from Toronto, where buyers pay both a provincial and a Toronto-specific municipal tax. The Ontario LTT is calculated on a sliding scale based on purchase price, ranging from 0.5 percent on the first portion to two percent on amounts above $400,000. On a $900,000 Mississauga home, the Ontario LTT is roughly $16,475. For a full picture of buyer closing costs, see what buyers pay at closing in Mississauga.

First-time buyers may qualify for a provincial LTT rebate of up to $4,000. Confirm your eligibility with your lawyer before closing. Find a real estate agent in Mississauga who can connect you with the right legal guidance before you make an offer.