519 672 2121

We are shocked and devastated by the senseless crime motivated by hatred and racism that was committed in our community on June 6. We extend our deepest condolences to the friends and family of those who were killed, and wish a full recovery to the surviving young boy who remains in hospital. We stand in solidarity with our Muslim partners, colleagues, clients, friends, and neighbours in rejecting Islamophobia in all forms, and demanding better for our community. Hatred has no place here. It diminishes every one of us. Each of us shares the responsibility for putting an end to it. We recognize that as members of the legal profession, our share of that responsibility is heightened. This unspeakable crime strikes at the very core of the Muslim community’s sense of security and will have a lasting impact. Although this tragedy can never be undone, we believe the goodness in our city will prevail. We commit to be better for each other, to demand better from each other and to share love, kindness and tolerance with one another. We must stand together to build a safer, more inclusive community for all.

Close mobile menu

Why Siskinds Real Estate?

At Siskinds, we believe that closing your purchase, sale or refinance should be as easy and convenient as possible. No matter where in Ontario your property is located, our dedicated real estate team is happy to help. With decades of real estate experience, we’re here to help make your closing go smoothly.

Most of the time real estate lawyers will quote legal fees, then add a lot of extras. Siskinds instead offers peace of mind by providing fixed-cost1 pricing at the beginning of our hassle-free closing process, inclusive of all normal costs. We won’t quote you a low legal fee and then nickel and dime you with disbursements that can triple your cost or more.

Siskinds is also happy to provide virtual signing services. Whether you’re in this London, the other London, Toronto, Ottawa, Windsor, Vancouver, Halifax, or somewhere else, if the property’s located in Ontario we’re here to help.

For more information, or for a specific quote, please contact the Siskinds Real Estate Team. Our Real Estate Team can also be reached by phone at 519-660-2061 or 519-672-2121.

What is Land Transfer Tax?

Land Transfer Tax (“LTT”) is payable to the Province of Ontario at the time we close a purchase transaction. It can also be payable if title is changing as part of a refinance. For properties located in Toronto there is an additional Municipal Land Transfer Tax (“MLTT”).

LTT and MLTT are calculated based on the “value of consideration”, which in a purchase is usually the purchase price.

Ontario LTT rates were last updated in 2017:

Amounts up to and including $55,000: - 0.5%
Amounts exceeding $55,000, up to and including $250,000: - 1.0%
Amounts exceeding $250,000, up to and including $400,000: - 1.5%
Amounts exceeding $400,000: - 2.0%
Amounts exceeding $2,000,000: - 2.5%

If the property is in Toronto, the additional MLTT applies. MLTT rates are currently the same as the LTT rates, essentially doubling the amount of land transfer taxes payable. The City of Toronto also charges a MLTT administration fee.

If you want to calculate LTT and MLTT please use the following calculator.

Ratehub.ca logo

Please note that the results may not be 100% accurate. For more details on LTT and MLTT please contact the Siskinds Real Estate Team.

I'm a first-time homebuyer. Can I get a land transfer tax rebate?

The Ontario LTT first-time homebuyer rebate is equal to the full value of the LTT up to a maximum of $4,000. For a buyer to be eligible, the buyer must be a Canadian citizen or permanent resident, be at least 18 years old, and must occupy the home within nine months of purchase. The buyer also cannot have ever owned a home anywhere in the world, and the buyer’s spouse cannot have owned a home anywhere during the time the spouse was the buyer’s spouse. The rebate is usually applied at the time of closing, however some exceptions apply.

Toronto currently offers a first-time homebuyer rebate in relation to MLTT. The qualifications are the same as for the Ontario rebate, however the rebate is for up to $4,475.

What if I'm not a resident of Canada?

If any buyer, seller, or mortgagor is not a Canadian resident then additional fees and procedures may apply.

A non-resident speculation tax equal to 15% of the purchase price applies on the purchase or acquisition of an interest in residential or farm property located in the Greater Golden Horseshoe Region by people who are not citizens or permeant residents of Canada or by foreign corporations or trusts.

To comply with income tax requirements, 25% (and in some cases 50%) of the sale price of any property sold by a non-resident of Canada will be withheld, to ensure the payment of income tax liabilities. Those funds will only be released once the Canada Revenue Agency provides a Certificate confirming that no taxes remain outstanding. We would advise any non-resident seller to consult with an accountant prior to selling property in Canada.

For more information please contact the Siskinds Real Estate Team.

What if I'm buying, selling or refinancing a different type of property?

While the information on this page is primarily for those buying, selling or refinancing owner-occupied, single-family urban residential properties, Siskinds is happy to help you with your transaction no matter the type of property you’re dealing with. Is the property rented to tenants? Commercial? Industrial? Institutional? Farmland? Vacant Land? The Siskinds Real Estate Team is here to help!

For more information please contact our Commercial Real Estate Team.

1 Some exceptions apply. Please contact Siskinds LLP for more details. Standard pricing applies only to owner-occupied single-family residential transactions, where the property is connected to a municipal sewer and/or water system, and where the property is not bound on any side by water. Any prices quoted are for standard transactions.


Our Team

Learn more about Matthew Wilson.

Matthew Wilson

Certified Specialist - Real Estate Law

Lawyers Across Our Firm

With over 80 lawyers who focus on diverse areas of the law, we can help you. Start here.

Find a Lawyer

Hello, finally stopping by to say thank you for everything! I had the honor of having Jill McCartney work my case, amazing person to work with she is very nice, explains things very thoroughly. No complaints. - K.W.

As the COO of a midsize company I contacted Siskinds with regards to an intricate and somewhat challenging H.R. issue, and we were directed to Christopher Sinal. Upon review of this complex situation, his in depth knowledge of H.R. law allowed us to construct a clear and strategic plan. Phone calls and email enquiries were dealt with efficiently and timely. Chris displayed his competency and confidence in our final negotiations to bring closure to the case. We appreciate his preparedness and professionalism in representing our firm. - B.D.

When I was reflecting on the year 2020, and thinking of the people that had the most impact on me, you [Rasha El-Tawil] quickly came to mind. I was stressed and uncomfortable for the past few years, but when you took my case, I have since been able to relax and focus on other aspects of my life. I want to take a moment to thank you for making my 2020 easier. Not only have you contributed to my personal case, but you’ve also taught me the traits that an amazingly kind and intelligent lawyer should have. -T.H.