Do I pay capital gains tax when I sell my house in Ontario?
By Natalia Halenda, Sales Representative, RE/MAX Jazz Inc., Brokerage. Updated
The short answer
Usually not on your principal residence, for the years it was your home. You still report the sale on your tax return, on Schedule 3 and Form T2091. A rental or a second property is different, so ask an accountant.
From the guide: What does it cost to sell a home in Durham Region in 2026?
More questions from this guide
General information, not legal, tax or mortgage advice. Rates, prices and rebate rules change often. Confirm the details with your real estate lawyer and a licensed mortgage professional before you make a decision.