{
  "country": "CA",
  "region": "ON",
  "regionName": "Ontario",
  "isScaffold": false,
  "currency": "CAD",
  "currencySymbol": "$",
  "locale": "en-CA",
  "lengthUnit": "sqft",
  "mortgageCompounding": "semi-annual",
  "minDownPct": 0.05,
  "defaultAmortYears": 25,
  "mortgageInsuranceName": "CMHC",
  "cmhcTiers": [
    {
      "minDownPct": 0.05,
      "maxDownPct": 0.0999,
      "insuranceRate": 0.04
    },
    {
      "minDownPct": 0.1,
      "maxDownPct": 0.1499,
      "insuranceRate": 0.031
    },
    {
      "minDownPct": 0.15,
      "maxDownPct": 0.1999,
      "insuranceRate": 0.028
    },
    {
      "minDownPct": 0.2,
      "maxDownPct": 1,
      "insuranceRate": 0
    }
  ],
  "transferTaxLayers": [
    {
      "name": "Ontario Land Transfer Tax",
      "brackets": [
        {
          "upTo": 55000,
          "rate": 0.005
        },
        {
          "upTo": 250000,
          "rate": 0.01
        },
        {
          "upTo": 400000,
          "rate": 0.015
        },
        {
          "upTo": 2000000,
          "rate": 0.02
        },
        {
          "upTo": null,
          "rate": 0.025
        }
      ],
      "firstTimeBuyerRebate": 4000,
      "firstTimeBuyerRebateMax": 4000,
      "notes": "First-time buyer rebate up to $4,000 (maximum refund on homes <= $368,000)",
      "source": "https://www.ontario.ca/laws/statute/90l06"
    },
    {
      "name": "Toronto Municipal Land Transfer Tax (Toronto only)",
      "brackets": [
        {
          "upTo": 55000,
          "rate": 0.005
        },
        {
          "upTo": 400000,
          "rate": 0.01
        },
        {
          "upTo": 2000000,
          "rate": 0.02
        },
        {
          "upTo": null,
          "rate": 0.025
        }
      ],
      "firstTimeBuyerRebate": 4475,
      "firstTimeBuyerRebateMax": 4475,
      "notes": "Applies only to properties within the City of Toronto. First-time buyer rebate up to $4,475.",
      "source": "https://www.toronto.ca/services-payments/property-taxes-utilities/toronto-land-transfer-tax/"
    }
  ],
  "typicalPropertyTaxRate": 0.0075,
  "depreciationMethod": "CCA",
  "depreciationRate": 0.04,
  "capitalGainsInclusionRate": 0.5,
  "salesTaxOnNewConstruction": 0.13,
  "deposit": {
    "cap": 1,
    "interestRate": null,
    "holdType": "any",
    "source": "https://www.ontario.ca/laws/statute/06r17#BK119"
  },
  "rentIncrease": {
    "guideline": 0.025,
    "noticeDays": 90,
    "belowMarketExempt": true,
    "abi1482Style": false,
    "source": "https://www.ontario.ca/page/rent-increase-guideline"
  },
  "lateFeeMax": null,
  "lateFeeGraceDays": 0,
  "str": {
    "requiresLicense": true,
    "primaryResidenceOnly": true,
    "source": "https://www.toronto.ca/services-payments/permits-licences-and-regulations/short-term-rentals/"
  },
  "officialLinks": {
    "tenancyAct": "https://www.ontario.ca/laws/statute/06r17",
    "rentIncreasePage": "https://www.ontario.ca/page/rent-increase-guideline",
    "depositRules": "https://www.ontario.ca/laws/statute/06r17#BK119",
    "transferTax": "https://www.ontario.ca/laws/statute/90l06",
    "ltb": "https://tribunalsontario.ca/ltb/",
    "revenueDept": "https://www.canada.ca/en/revenue-agency.html"
  },
  "lastVerified": "2025-01-15",
  "notes": "Rent increase guideline changes annually — check MMAH site each year. Toronto MLTT applies only within Toronto city limits."
}