The Land Transfer Tax is calculated based on the fair market value of the property on the date of registration of a transfer of title and calculated as follows: 

Amount Rate
On the first $30,000 0%
On the next $60,000 (ie., $30,001 to $90,000) 0.5%
On the next $60,000 (ie., $90,001 to $150,000) 1.0%
On the next $50,000 (ie., $150,001 to $200,000) 1.5%
On amounts in excess of $200,000 2.0%