British Columbia Property Transfer Tax (PTT)
What a buyer pays at settlement in British Columbia — the real land transfer tax rate, plus your real-estate lawyer, inspection and registration, with a calculator that uses British Columbia's actual bands.
- Property Transfer Tax (PTT) on $600,000
- $10,000
- First-home relief
- Rebate of up to $8,000.
Property Transfer Tax (PTT) bands
Marginal — each rate applies only to the slice of the price within that band.
| Portion of price | Rate on that portion |
|---|---|
| Up to $200,000 | 1% |
| $200,000 – $2,000,000 | 2% |
| $2,000,000 – $3,000,000 | 3% |
| Over $3,000,000 | 5% |
Property Transfer Tax (PTT) in British Columbia at a glance
What the property transfer tax (ptt) works out to at common Canada home prices, computed from the bands above.
| Home price | Property Transfer Tax (PTT) | First-home buyer |
|---|---|---|
| $400,000 | $6,000 | $0 |
| $600,000 | $10,000 | $2,000 |
| $800,000 | $14,000 | $6,000 |
| $1,000,000 | $18,000 | — |
| $1,500,000 | $28,000 | — |
British Columbia buying-cost calculator
Pre-set to British Columbia. Adjust your price and deposit.
Estimated upfront costs
$12,450
≈ 2.08% of the price · excludes your deposit
land transfer tax alone
$10,000
the biggest single line
Line-by-line breakdown
How buying costs work in British Columbia
BC's PTT is 1% on the first $200,000, 2% to $2M, 3% to $3M, and an extra 2% on the residential value above $3M (5% at the top). There is no municipal land transfer tax in BC.
On a $600,000 home, British Columbia's property transfer tax (ptt) comes to roughly $10,000. On top of that you'll pay your real-estate lawyer, an inspection and registration — all built into the calculator above.
First-home buyers: BC first-time buyers get up to $8,000 off PTT — a full exemption for homes valued $500,000 or less. The relief is available up to a fair-market value of $835,000, then tapers to nil at $860,000. (A separate newly-built-home exemption covers new homes up to $1.1M.)
Foreign buyers: A 20% Additional Property Transfer Tax applies to foreign buyers in Metro Vancouver and other specified regions (a federal foreign-buyer ban also applies).
Source: Property Transfer Tax Act (BC); rates current 2026. Official source ↗
Frequently asked questions
How much is Property Transfer Tax (PTT) in British Columbia?
On a $600,000 home in British Columbia, Property Transfer Tax (PTT) is about $10,000. It's charged on marginal price bands — see the table above — so it changes with your price. BC's PTT is 1% on the first $200,000, 2% to $2M, 3% to $3M, and an extra 2% on the residential value above $3M (5% at the top). There is no municipal land transfer tax in BC.
Do first-home buyers get a break in British Columbia?
BC first-time buyers get up to $8,000 off PTT — a full exemption for homes valued $500,000 or less. The relief is available up to a fair-market value of $835,000, then tapers to nil at $860,000. (A separate newly-built-home exemption covers new homes up to $1.1M.)
What about foreign buyers in British Columbia?
A 20% Additional Property Transfer Tax applies to foreign buyers in Metro Vancouver and other specified regions (a federal foreign-buyer ban also applies).
Other provinces & territories
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