Mississauga Homes for Sale

About Mississauga

Nestled on the shores of Lake Toronto, Mississauga is a city located only a short drive west of Toronto. It is Canada's sixth largest city, covering 292 square kilometres. Though it has a vast history, the area has developed a multi-cultural population over the years, attracting people from around the world.

While many tend to see Mississauga as the Greater Toronto Area’s west-end sleepy suburb, few things are further from the truth. Most of the city’s neighbourhoods retain a small-town feel, with the many woodland and waterfront parks making the city perfect for nature lovers and sports enthusiasts. However, the city has much more to offer. For example, there are multiple economic opportunities, thanks, in part, to the various Fortune 500 companies the city hosts. The diverse culture, recreational facilities, economic growth, and low crime rates combine to make buying property in Mississauga an ideal investment for anyone.

Mississauga - Land Transfer Tax

When purchasing a property in Mississauga, you’ll have to pay the Ontario Land Transfer Tax, which is due upon closing. There is no municipal transfer tax. If you’re a first-time home buyer, you could be eligible for a rebate to a maximum of $4,000. See below for Ontario Land Transfer Tax rates.

Ontario Land Transfer Tax

Purchase PriceRate
$0 - $55,0000.5%
$55,000.01 - $250,0001.0%
$250,000.01 - $400,0001.5%
$400,000.01 - $2,000,0002.0%
$2,000,000+2.5%

Land Transfer Tax Calculator

$
Provincial tax$6,475
Municipal tax$0
Rebate$0
Total land transfer tax$6,475

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