What are You Looking For?

Toronto Money Guide: Calculators, Tax and City Info

Toronto Resident Guide is more than a set of calculators. It brings together free money tools, plain-language guides and local news for people who live, work or plan to buy in Toronto and Ontario.

Work out a mortgage payment, land transfer tax, property tax or take-home pay. Read how city fees, tenant rules, benefits and income tax actually work, and see what changed this year in Toronto. Every page names its sources from the City of Toronto, the Government of Ontario, CMHC and the Canada Revenue Agency, and shows the date it was last reviewed.

Start with a calculator below, browse a topic hub, or open one of our guides. Results are estimates for planning, not tax or financial advice.

Start with what you are doing

Buy a home

Payment, down payment, land transfer tax and closing costs.

Mortgage PaymentLand Transfer Tax

Rent a home

How much rent you can afford and the yearly increase limit.

How Much Rent Can I AffordOntario Rent Increase

Get paid

Take-home pay, overtime, vacation pay and severance.

Take-Home PayOvertime Pay

File taxes

Income tax, refund, capital gains and self-employed tax.

Canadian Income TaxTax Refund

Raise a family

Child benefit, child care cost and education savings.

Canada Child Benefit (CCB)Ontario Child Care Cost

Plan retirement

RRSP, TFSA, CPP, OAS and retirement income.

RRSPCPP Retirement Pension

Popular calculators

Mortgage Payment CalculatorWork out your mortgage payment, CMHC insurance premium, total interest and payoff time for a CanadianInterest Calculator (Simple & Savings)Work out simple or compound interest on any amount.Compound Interest CalculatorSee how savings grow with compound interest and monthly contributions.Canadian Income Tax CalculatorEstimate federal and Ontario income tax for 2026.Percentage CalculatorWork out percentages, percentage change and add or subtract a percent.Car Loan CalculatorWork out a car loan payment with sales tax, down payment and trade-in.

All calculators by topic

Mortgage 12

See all 12

Real estate 19

See all 19

Income and taxes 9

See all 9

Salary and paycheque 10

See all 10

Government benefits 9

See all 9

Savings and retirement 10

See all 10

Loans and debt 4

See all 4

Everyday math 4

See all 4

Toronto fees 5

See all 5

Ontario housing 4

See all 4

Ontario work and family 4

See all 4

New on the site

Understanding the Cost of Living in Toronto · Sep 17, 2026The best ways to contact the CRA for personal taxesFor most personal tax questions, start with your CRA My Account, then call 1-800-959-8281 if the answer isn't there. TheUnderstanding the Cost of Living in Toronto · Sep 3, 2026How to change a filed tax return and file on paperIf you've already filed and spot a mistake, wait for your notice of assessment, then use Change My Return inUnderstanding the Cost of Living in Toronto · Aug 19, 2026What to expect if the CRA reviews or audits your returnMost CRA contact about a personal return is a review, not an audit. A review is a request to prove

What changed in Toronto lately

Fees, taxes and rules change every year. These are the latest updates, and the news section has the rest.

Guides worth reading first

How mortgages work in OntarioPayments, insurance, the stress test, renewals and penalties.Land transfer tax in Ontario and TorontoRates, rebates and worked examples.Income tax in OntarioRates, credits and how to file.CRA My Account helpSign in, lockouts and return status.Late filing penalty reliefWhat the CRA charges and how to ask for relief.Toronto city fees for 2026What the City charges and when.

How the numbers stay reliable

Rates come from the City of Toronto, MPAC, CMHC, the Government of Ontario and the Canada Revenue Agency. Each page lists its sources and the date it was last reviewed. The methodology page explains how we test the maths, and the editorial policy explains how we write and correct. Results are estimates for planning, not tax or financial advice, and this site has no link to any government body. Read the full disclaimer before you rely on a figure.

Are the calculators free?

Yes. Every calculator is free to use and needs no sign-up.

Can I keep my results?

Yes. Each calculator can copy a link to your numbers and save a one-page PDF.

Do the calculators only cover Toronto?

They focus on Toronto and Ontario. Most also work for the rest of Canada.

How often are the rates updated?

We review the rates on each page and show the date at the bottom. The property tax rates refresh from the City every month.
Toronto Resident Guide

Free calculators, plain-language guides and local news for people who live, work or plan to buy in Toronto and Ontario.

Checked against official sources
© 2011 - 2026 Toronto Taxpayer. All rights reserved
Torontotaxpayer.ca serves exclusively as "The Toronto Resident’s Handbook: Navigating City Life, Property & Local Services". All content is derived from publicly available sources and provided strictly for general informational and family-friendly purposes. Despite our domain name, we do not provide financial, legal, or real estate advisory services. The content presented should never be construed as professional advice. Users must not rely on our articles as a substitute for consulting licensed professionals, such as certified real estate brokers or legal advisors, regarding specific property decisions. While we strive to ensure the accuracy of our guides regarding local services and city living, municipal rules change frequently. We make no warranties regarding the completeness, accuracy, or timeliness of our content. If you identify any errors, please notify us so we may promptly correct them. By using this website, you acknowledge and agree that Torontotaxpayer.ca shall not be liable for any personal or property decisions made or actions taken based on the information provided herein.