Land Transfer Tax Calculator for Canadian Provinces

Land Transfer Tax Calculator

Calculators and content on this page are for general information only. nesto does not guarantee their accuracy and is not responsible for any results from their use.

What is Land Transfer Tax?

Land transfer tax is a tax that must be paid to the government when a property is purchased and the title is transferred to a new titleholder’s name. 

The amount depends on the property’s value and the province (or municipality) in which it is located. Some provinces also have additional municipal land transfer taxes on top of the provincial amount. 

The tax aims to generate revenue for the government and help fund public services and infrastructure projects. 

The payment of land transfer tax is solely the buyer’s responsibility and cannot be included in the mortgage. Payment is arranged to the different level(s) of government through your solicitor or notary, who is completing your home purchase.

How to Use a Land Transfer Tax Calculator

Using an LTT calculator is a convenient and efficient way to estimate what you will owe in land transfer taxes at closing. 

The calculator will then use your province’s applicable land transfer tax rates to calculate the amount owing and consider any rebates or incentives you may be eligible for as a first-time homebuyer (FTHB). The result will be an estimate of the Land Transfer Tax (LTT) you can expect to pay.

To get started, input the following details:

• Asking Price: This is the property’s purchase price. 
• Downpayment: This is the amount of your downpayment.
• Location: Select the province where the property is located. Depending on the province, you may need to select the area, as some locations require an additional municipal land transfer tax.
• First-time home buyer: Toggle yes if you are a first-time buyer to have the rebate available in your area applied to the total amount owing. 
• Owner occupied: Toggle yes if you will reside in the home or no if you do not plan to reside in the home. 
• New construction: Toggle yes if the home is a new build or no if it is an existing (resale) home. 

How Land Transfer Tax Works for First-time Home Buyers

First-time homebuyers may be eligible for certain rebates and incentives to help reduce their land transfer tax. 

These programs are designed to make homeownership more affordable for first-time buyers.

In Ontario, first-time homebuyers are eligible for a provincial rebate of up to $4,000. In addition to the provincial rebate, the City of Toronto has a first-time homebuyer rebate program that provides eligible buyers with a rebate of up to $4,475 on the municipal portion of the tax. 

In British Columbia, first-time homebuyers can apply for an exemption on all or part of the property transfer tax based on the home’s purchase price. 

In Prince Edward Island, first-time homebuyers can have the Real Property Transfer Tax waived. 

Land Transfer Tax by Province

British Columbia Property Transfer Tax

BC has a General Property Transfer Tax that applies to the purchase price of a property. The general property transfer tax rate is

• 1% of the fair market value up to and including $200,000
• 2% of the fair market value greater than $200,000 up to and including $2,000,000
• 3% of the fair market value greater than $2,000,000

A further 2% tax is applied on properties with a fair market value greater than $3,000,000. 

Foreign nationals must also pay an Additional Property Transfer Tax on the fair market value of the residential portion of the property within specified areas of BC. If the property falls within the following areas, a 20% tax rate on the fair market value will apply:

• Capital Regional District
• Fraser Valley Regional District
• Metro Vancouver Regional District
• Regional District of Central Okanagan
• Regional District of Nanaimo

The Property Transfer Tax for a $500,000 property in BC can be calculated as follows:

Property Value	Tax Rate	Calculation	Tax Amount
Up to and including $200,000	1%	$200,000 x 1%	$2,000
$200,000.01 up to and including $2,000,000	2%	$500,000 – $200,000 = $300,000 x 2%	$6,000
$2,000,000.01 up to and including $3,000,000	3%
$3,000,000+	5%
Total Property Transfer Tax Owing:			$8,000

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Alberta Land Titles Transfer Fee

Alberta does not have a land transfer tax. Instead, they charge a Land Titles Transfer Fee on the property value and mortgage amount. The fees are

• $50 plus $2 for each $5,000 or portion of property value

And

• $50 plus $1.50 for each $5,000 or portion of the mortgage principal.

The Land Title Transfer Fee for a $500,000 property in Alberta, assuming a 5% ($25,000) downpayment, can be calculated as follows:

	Calculation	Tax Amount
Property Value	$50 +  $500,000 / $5,000 = 100 100 x $2 = $200	$250
Mortgage Principal	$50 +  $500,000 – $25,000 = $475,000 $475,000 / $5,000 = 95 95 x $1.50 = $142.50	$192.50
Total Land Titles Transfer Fee Owing:		$442.50

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Saskatchewan Land Titles Transfer Fee

Saskatchewan does not have a land transfer tax. Instead, they charge a Land Titles Transfer Fee based on the property value. The fees are

• $0 to $500 = Free
• $500.01 to $6,300 = $25
• $6,300.01 and greater = 0.4% of the value of the title or abstract

The Land Title Transfer Fee for a $500,000 property in Saskatchewan can be calculated as follows:

Property Value	Tax Rate	Calculation	Tax Amount
$0 – $500	Free
$500.01 to $6,300	$25
$6.300.01 and greater	0.4%	$500,000 x 0.4	$2,000
Total Land Titles Transfer Fee Owing:			$2,000

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Manitoba Land Transfer Tax

Manitoba has a Land Transfer Tax that is based on the value of the property. The land transfer tax rate is

• 0% on the first $30,000
• 0.5% on the next $60,000 ($30,001 to $90,000)
• 1% on the next $60,000 ($90,001 to $150,000)
• 1.5% on the next $50,000 ($150,001 to $200,000)
• 2% on amounts in excess of $200,000 

The Land Transfer Tax for a $500,000 property in Manitoba can be calculated as follows:

Property Value	Tax Rate	Calculation	Tax Amount
On the first $30,000	0%	$30,000 x 0	$0
On the next $60,000 ($30,001 – $90,000)	0.5%	$90,000 – $30,000 = $60,000 x 0.5%	$300
On the next $60,000 ($90,001 – $150,000)	1%	$150,000 – ($60,000 + $30,000) = $60,000 x 1%	$600
On the next $50,000 ($150,001 – $200,000)	1.5%	$200,000 – ($60,000 + $60,000 + $30,000) = $50,000 x 1.5%	$750
On amounts in excess of $200,000	2%	$500,000 – ($50,000 + $60,000 + $60,000 + $30,000) = $300,000 x 2%	$6,000
Total Land Transfer Tax Owing:			$7,650

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Ontario Land Transfer Tax

Ontario has a Land Transfer Tax that is based on the purchase price of the property. The land transfer tax rate is

• 0.5% on amounts up to and including $55,000
• 1% on amounts exceeding $55,000 up to and including $250,000
• 1.5% on amounts exceeding $250,000 up to and including $400,000
• 2% on amounts exceeding $400,000 up to and including $2,000,000
• 2.5% on amounts exceeding $2,000,000

The Land Transfer Tax for a $500,000 property in Ontario can be calculated as follows:

Property Value	Tax Rate	Calculation	Tax Amount
Up to and including $55,000	0.5%	$55,000 x 0.5%	$275
55,000.01, up to and including $250,000	1%	$250,000 – $55,000 = $195,000 x 1%	$1,950
$250,000.01 up to and including $400,000	1.5%	$400,000 – $250,000 = $150,000 x 1.5%	$2,250
$400,000.01 up to and including $2,000,000	2%	$500,000 – ($55,000 + $195,000+ $150,000) = $100,000 x 2%	$2,000
$2,000,000.01 +	2.5%
Total Land Transfer Tax Owing:			$6,475

Toronto Land Transfer Tax

In addition to the provincial land transfer tax, anyone purchasing property in Toronto will be subject to an additional Municipal Land Transfer Tax. The municipal tax mirrors the provincial tax structure, meaning you will pay double land transfer taxes if purchasing property in the Toronto area. 

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Quebec Welcome Tax

Quebec charges a Property Transfer Duties Tax, also known as the Welcome Tax. 

Each municipality collects the duties rather than the province, and they can set rates higher than 1.5% but not higher than 3% (except in Montreal) on any bracket over $500,000. 

The tiers are adjusted annually by the provincial government based on Québec’s annualized consumer price index (CPI). The welcome tax rate is calculated as

• 0.5% on amounts up to $55,200
• 1% on amounts exceeding $55,200 up to $276,000
• 1.5% on amounts that exceed $276,000

The Welcome Tax for a $500,000 property in Quebec (outside of Montréal) can be calculated as follows:

Property Value	Tax Rate	Calculation	Tax Amount
Up to $55,200	0.5%	$55,200 x 0.5%	$276
$55,200.01 to $276,200	1%	$276,200 – $55,200 = $221,000 x 1%	$2,210
$276,200.01 +	1.5%	$500,000 – ($221,000 + $55,200) = $223,800 x 1.5%	$3,357
Total Welcome Tax Owing:			$5,843

Montreal Welcome Tax

Montreal has additional tax brackets that change each year. For this year, they are as follows:

• 0.5% up to $55,200
• 1% on amounts between $55,200 – $276,200
• 1.5% on amounts between $276,200 – $552,300
• 2% on amounts between $552,300 – $1,104,700
• 2.5% on amounts between $1,104,700 – $2,136,500
• 3.5% on amounts between $2,136,500 – $3,113,000
• 4% on amounts higher than $3,113,000

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New Brunswick Transfer Tax

New Brunswick has a Transfer Tax that is a flat rate of 1% of the purchase price or assessment value, whichever is greater. 

The Transfer Tax for a $500,000 property in New Brunswick can be calculated as follows:

Tax Rate	Calculation	Tax Amount
1%	$500,000 x 1%	$5,000
Total Transfer Tax Owing:		$5,000

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Newfoundland and Labrador Registration of Deeds Prescribed Fees

NL charges a fee to register the deed, which is $100 plus an additional $0.40 for every $100 in value over $500. There is also an additional fee with the same structure as the deed registration fee owed for registering the mortgage. 

The Registration of Deeds Prescribed Fees for a $500,000 property in Newfoundland, assuming a 5% ($25,000) downpayment, can be calculated as follows:

	Calculation	Tax Amount
Property Value	$100 +  $500,000 – $500 = $499,500 / 100 = 4,995 x $0.40 = $1,998	$2,098
Mortgage Principal	$100 +  $500,000 – $25,000 = $475,000 – $500 = $474,500 / 100 = 4,745 x $0.40 = $1,898	$1,998
Total Fees Owing:		$3,996

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Prince Edward Island Real Property Transfer Tax

PEI charges a Real Property Transfer Tax that is a flat fee based on 1% of the greater of the purchase price of the real property or the assessed value of the real property. 

The Real Property Transfer Tax for a $500,000 property in PEI can be calculated as follows:

Tax Rate	Calculation	Tax Amount
1%	$500,000 x 1%	$5,000
Total Real Property Transfer Tax Owing:		$5,000

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Yukon Land Titles Fees

The Yukon has a Land Titles Fee which charges 3 separate fees based on a flat rate structure. The assurance fund fee is $20 on the first $10,000 plus $10 for each additional $10,000 or portion of declared value. The property value fees are

• $50 + assurance fund fee for properties valued less than $100,000
•  $150 + assurance fund fee for properties valued at $100,000 to less than $500,000
• $350 + assurance fund fee for properties valued at $500,000 to less than $3,000,000
• $550 + assurance fund fee for properties valued at $3,000,000 to less than $10,000,000
• $750 + assurance fund fee for properties valued at $10,000,000 or greater

The mortgage amount fees are

• $50 for mortgages of less than $100,000
• $100 for mortgages of $100,000 to less than $500,000
• $200 for mortgages of $500,000 to less than $1,000,000
• $400 for mortgages of $1,000,000 to less than $5,000,000 
• $600 for mortgages of $5,000,000 to less than $10,000,000
• $800 for mortgages of $10,000,000 to less than $20,000,000
• $1,000 for mortgages of $20,000,000 or greater

The Land Titles Fees for a $500,000 property in the Yukon, assuming a 5% ($25,000) downpayment, can be calculated as follows:

	Calculation	Tax Amount
Assurance Fund Fee	$20 +  ($500,000 – $10,000 = $490,000 / $10,000 = 49 x $10 = $490	$510
Property Value	$350	$350
Mortgage Principal	$100	$100
Total Fees Owing:		$960

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Northwest Territories Land Titles Fees

NWT charges Land Titles Fees on the property value and the mortgage amount. The property value fees are

• $2 for each $1,000 of value when the property is less than or equal to $1,000,000 (minimum $100)
•  $2,000 + $1.50 for each $1,000 of value over $1,000,000 when the property is valued over $1,000,000

The mortgage value fees are

• $1.50 for each $1,000 or part thereof of the amount secured by the mortgage (minimum $80)

The Land Titles Fees for a $500,000 property in the NWT, assuming a 5% ($25,000) downpayment, can be calculated as follows:

	Calculation	Tax Amount
Property Value	$500,000 / $1,000 = 500 x $2	$1,000
Mortgage Principal	$500,000 – $25,000 = $475,000 / $1,000 = 475 x $1.50	$712.50
Total Fees Owing:		$1,712.50

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Nunavut Land Titles Tariffs

Nunavut charges Land Titles Tariffs based on the property value and the mortgage amount. The property value fees are

• $1,50 for each $1,000 of value when the property is less than or equal to $1,000,000 (minimum $60) 
• ● $1.50 for each $1,000 of value up to $1,000,000 and $1 for each $1000 of value after that for properties valued at great than $1,000,000 

The mortgage value fees are 

• $1 for each $1,000 of the principal amount (minimum $40)

The Land Titles Tariffs for a $500,000 property in Nunavut, assuming a 5% ($25,000) downpayment, can be calculated as follows:

	Calculation	Tax Amount
Property Value	$500,000 / $1,000 = 500 x $1	$500
Mortgage Principal	$500,000 – $25,000 = $475,000 / $1,000 = 475 x $1	$475
Total Fees Owing:		$975

Other Land Transfer Tax Rebates by Province

Additional rebates, incentives and grants may be available to help offset some of the land transfer taxes paid, depending on the province. 

The chart below outlines the rebates available if you meet the eligibility criteria. 

Province/Territory	LTT Rebates Available
BC	Newly Built Home Exemption – Reduces or eliminates the PTT when you purchase a qualifying newly built home.  PTT exemption for First Nations
QC	Home Purchase Assistance Program – Provides financial assistance or a refund between $5,000 to $15,000 to first-time and experienced buyers with some restrictions.
NS	PDTT exemptions apply if you can provide proof of residence within 6 months of purchase, proving you reside in Nova Scotia.
PEI	RPTT Exemptions – Additional tax exemptions may apply if you are not a first-time buyer and meet the other eligibility criteria.

Along with all the land transfer taxes and fees that apply to your purchase based on your province or territory – a further Harmonized Sales Tax (HST) or Goods & Services Tax (GST) will also apply if you purchase a newly constructed home that was not previously owned. You may qualify for a partial rebate on the federal (GST) portion, with an additional rebate through the province on the provincial portion of the HST where the property is located.

Canada Rebates, Incentives and Grants

The Government of Canada provides various rebates, incentives and grants in conjunction with the provinces and territories. Canada Housing and Mortgage Corporation (CMHC) has outlined these programs on its website. 

• The First-Time Home Buyers Tax Credit (HTBC) offers a $10,000 non-refundable income tax credit on a qualifying home acquired during the year. The credit will provide up to $1,500 in federal tax relief for an eligible individual. 

• The Home Buyers’ Plan (HBP) is a program that allows you to withdraw up to $60,000 in a calendar year from your registered retirement savings plans (RRSPs) to buy or build a qualifying home for yourself or a related person with a disability. 

• GST/HST New Housing Rebate provides a refund on the part of the GST or HST that you paid on the purchase price or cost of building your new house, on the cost of substantially renovating or building a major addition to your existing house, or on converting a non-residential property into a house. 

• The Canada Greener Homes Loan can help Canadian homeowners across the country improve the energy efficiency of their homes and reduce their energy bills. Eligible homeowners can receive a loan to make energy-efficient retrofits to their homes.

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