Canada Property Transfer Tax Calculator
Calculate land transfer tax for BC and Ontario, including Toronto municipal tax and first-time buyer rebates.
C$
Quick:
C$11,475
Total Land Transfer Tax
1.53%
Effective Rate
C$0
FTB Rebate
C$11,475
Net After Rebate
Tax Band Breakdown
| Band | Rate | Taxable Amount | Tax |
|---|---|---|---|
| Total LTT | C$11,475 | ||
Land Transfer Tax Rates by Province
British Columbia
1% on first $200,000
2% on $200,001 to $2,000,000
3% on amounts above $2,000,000
2% on $200,001 to $2,000,000
3% on amounts above $2,000,000
Ontario
0.5% on first $55,000
1.0% on $55,001 to $250,000
1.5% on $250,001 to $400,000
2.0% on $400,001 to $2,000,000
2.5% on amounts above $2,000,000
1.0% on $55,001 to $250,000
1.5% on $250,001 to $400,000
2.0% on $400,001 to $2,000,000
2.5% on amounts above $2,000,000
Example
C$750,000 property in Ontario:
0.5% Γ $55,000 = $275
1.0% Γ $195,000 = $1,950
1.5% Γ $150,000 = $2,250
2.0% Γ $350,000 = $7,000
Total = C$11,475
0.5% Γ $55,000 = $275
1.0% Γ $195,000 = $1,950
1.5% Γ $150,000 = $2,250
2.0% Γ $350,000 = $7,000
Total = C$11,475
Extended
Province Comparison
Compare land transfer taxes across Canadian provinces
Province Comparison
Land transfer tax on the selected purchase price across provinces.
| Province | LTT | Effective Rate | Notes |
|---|
C$
Frequently Asked Questions
What is Property Transfer Tax in BC?
British Columbia's Property Transfer Tax is paid when you register a transfer of land at the Land Title Office. It is 1% on the first $200,000, 2% on $200,001β$2,000,000, and 3% above $2,000,000.
What is the Ontario Land Transfer Tax?
Ontario charges a Land Transfer Tax (LTT) starting at 0.5% on the first $55,000 up to 2.5% on amounts above $2,000,000. Toronto buyers also pay a Municipal LTT equal to the provincial LTT.
Do first-time buyers get a rebate in Ontario?
Yes. Ontario first-time buyers receive a rebate of up to $4,000 on the provincial LTT. Toronto first-time buyers can also get a rebate of up to $4,475 on the municipal LTT.
Is there a property transfer tax in Alberta?
Alberta does not have a provincial land transfer tax. However, you do pay a small land title transfer fee based on the property value.
When is the BC First-Time Home Buyers' Exemption available?
In BC, first-time buyers may qualify for a full or partial exemption if the property is valued at $500,000 or less ($500,000β$525,000 for partial), is your principal residence, and you are a Canadian citizen or permanent resident.