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British Columbia · PTT

BC Property Transfer Tax Calculator

See your BC PTT bill — with first-time home buyer and newly-built home exemptions built in. Handles the 5% bracket on residential value over $3M.

Step 1 · Choose your province
Step 2 · Your purchase
Step 3 · Eligibility
Net tax payable
$16,000
on $900,000 in British Columbia

British Columbia breakdown

BC Property Transfer Tax$16,000
Net LTT payable$16,000

1% on first $200K · 2% on $200K–$2M · 3% on $2M–$3M · +2% additional on residential value over $3M.

British Columbia visual breakdown

Bars show each component of your closing tax bill at a glance. Negative bars are rebates that reduce what you owe.

Estimates only. Final amounts depend on legal status, residency, exemptions, GST/HST registration, and lender requirements. Confirm with your lawyer or notary.

What this calculator does that most don't
  • Commercial mode runs to $50M — including BC's additional 2% residential band over $3M and Toronto's luxury MLTT surtax bands (increased April 1, 2026) to $20M+
  • First-time-buyer and newly-built exemptions with their real phase-out ranges, not just the headline thresholds
  • GST/HST logic including commercial self-assessment — where a registered buyer pays $0 cash at closing and claims the input tax credit
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First-time buyers: full exemption to $500,000 in FMV. Between $500,001 and $835,000 you save a flat $8,000; the saving phases out to nothing by $860,000.

Other provinces:

Related BC buyer tools:

Sources: BC Gov — Property Transfer Tax · BC Gov — First-Time Home Buyers' exemption

BC PTT questions, answered

How is BC Property Transfer Tax calculated?+

1% on the first $200,000, 2% on $200,000–$2,000,000, 3% on $2,000,000–$3,000,000. Residential properties pay an additional 2% on any portion of fair market value over $3,000,000 (total 5% in that band).

What is the BC first-time home buyer exemption?+

Full exemption for fair market value up to $500,000. Properties priced $500,001–$835,000 receive a flat $8,000 saving. The saving phases out linearly between $835,000 and $860,000, after which no exemption applies.

What about newly built homes?+

Full PTT exemption on newly built homes used as a principal residence with fair market value up to $1,100,000, partial exemption to $1,150,000. The newly-built and first-time-buyer exemptions are separate — you claim whichever one applies to your purchase, not both.

Is there extra tax for foreign buyers?+

Yes — foreign buyers pay an additional 20% Property Transfer Tax in specified regions (Metro Vancouver, Capital, Nanaimo, Fraser Valley, Central Okanagan). This calculator covers the standard PTT only.

Every calculator here is built on published Canadian government rules and lender methodology, and was last checked for accuracy on August 1, 2026 — the arithmetic re-verified and every page re-read on screen. Rates and thresholds change — we confirm the current numbers for your file before you rely on them.