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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:

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. You can combine the newly built exemption with first-time buyer status.

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.