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Property in Toronto: the Rules for Foreign Buyers and the Brokerages

What a foreign buyer needs to know in Toronto: the federal prohibition, Ontario’s Non-Resident Speculation Tax, the City’s land transfer and vacant home taxes, and the brokerages. We never publish prices.

Our 8 favourites, listed A–Z · Updated November 2026

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Three Toronto moments we keep going back to: the ferry to the islands for the skyline at dusk, a Saturday morning at St. Lawrence Market, and an afternoon in the galleries of the Royal Ontario Museum.

  1. To 1 January 2027

    The federal prohibition on non-Canadian buyers

    Canada·Federal rule

    Most non-Canadians may not buy residential property in Canada; the ban was extended to 1 January 2027.

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  2. 25% since 2022

    Non-Resident Speculation Tax (Ontario)

    Ontario·Provincial tax

    Ontario’s 25% tax on residential property bought by foreign nationals and foreign corporations.

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The full list: Property, A–Z

Neighbourhood

The back story 1

What a foreign buyer needs to know first.

  1. The back story

    Buying in Toronto: Rosedale, the condos and the rules for foreign buyers

    Toronto·In depth

    Rosedale’s ravine houses, Forest Hill, the Annex and the condominium towers of Yorkville and the waterfront, and the federal, Ontario and City rules a foreign buyer must know first.

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The rules 5

Federal, provincial and City.

  1. On every purchase

    Land Transfer Tax (Ontario)

    Ontario·Provincial tax

    Ontario’s tax on every transfer of land.

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  2. On top of Ontario’s

    Municipal Land Transfer Tax (Toronto)

    Toronto·City tax

    Toronto’s own land transfer tax and Municipal Non-Resident Speculation Tax.

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  3. 25% since 2022

    Non-Resident Speculation Tax (Ontario)

    Ontario·Provincial tax

    Ontario’s 25% tax on residential property bought by foreign nationals and foreign corporations.

    Explore View on map

  4. To 1 January 2027

    The federal prohibition on non-Canadian buyers

    Canada·Federal rule

    Most non-Canadians may not buy residential property in Canada; the ban was extended to 1 January 2027.

    Explore View on map

  5. 3% of assessed value

    Vacant Home Tax (Toronto)

    Toronto·City tax

    Owners declare every year whether a home is occupied; vacant homes pay 3%.

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Brokerages 3

In Toronto.

  1. Toronto and cottage country

    Chestnut Park Real Estate

    Toronto·Brokerage

    A Toronto brokerage in the luxury and recreational markets.

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  2. Toronto homes

    Harvey Kalles Real Estate

    Toronto·Brokerage

    A long-established Toronto brokerage.

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  3. Luxury homes

    Sotheby’s International Realty Canada

    Toronto·Brokerage

    The Canadian arm of Sotheby’s International Realty, with Toronto offices.

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