A small suite of buyer calculators — land transfer tax, mortgage, affordability and total purchase power — built on Canadian lending standards and the Ontario & Toronto tax codes. For planning a purchase with clarity, before we begin the conversation.
These calculators are a starting point — one piece of a thoughtful buying process that begins with a conversation and ends with the right home. For the full picture of how we work, visit For Buyers, or download our complimentary Home Buyer's Guide.
An estimate of the provincial and municipal land transfer taxes payable at closing, including first-time buyer rebates where eligible.
Estimates use the official Ontario LTT brackets and the updated Toronto MLTT brackets, including the luxury-tier rates of 2.5% – 7.5% on portions of value above $3M. Final tax payable is calculated by your real estate lawyer at closing.
An estimate of your mortgage payment, interest paid, and CMHC insurance premium — under Canadian high-ratio and conventional lending rules.
Canadian high-ratio mortgages (under 20% down) require CMHC default insurance, which is added to the loan principal. Minimum down payments: 5% on the first $500K, 10% on the portion between $500K–$1.5M, and 20% on homes over $1.5M.
From your household income, debts and down payment — the maximum home price a Canadian lender will qualify you for, under the GDS & TDS standards.
Canadian lenders qualify buyers using two ratios — GDS (housing ÷ gross income, max 39%) and TDS (housing + debts ÷ gross income, max 44%). Housing includes principal, interest, property taxes, heat, and 50% of condo fees. Numbers assume property tax at 0.66% of price and $150/mo for heat.
Bringing it all together — your down payment, income, debts, the qualifying rate, your location's property tax, and basic ongoing expenses — to estimate the home you can truly carry.
Calculations factor in Canadian lender standards (GDS 39% / TDS 44%, stress-test qualifying rate), CMHC premiums where applicable, Ontario and Toronto land transfer tax with first-time buyer rebates, property taxes (Toronto ≈ 0.715% / Ontario avg ≈ 1.10% of value), and a $150/mo estimate for heat. Condo fees not modeled — add separately if applicable. A planning aid, not a pre-approval.
Once the numbers make sense, the next questions follow — neighbourhoods, financing structure, common pitfalls, what to ask at every stage. Our complimentary Home Buyer's Guide is the natural next step.
Every search begins with listening. Whether you've done this before or it's a first home — we'd be glad to walk through the next steps with you.
