All Calculators
Property Transfer Tax
Calculate BC Property Transfer Tax with first-time home buyer rebates.
First-Time Home Buyer
Eligible for BC PTT exemption (up to $8,000 rebate)
BC PTT Rate Structure
| Fair Market Value | Rate |
|---|---|
| First $200,000 | 1% |
| $200,001 – $2,000,000 | 2% |
| $2,000,001 – $3,000,000 | 3% |
| Over $3,000,000 | 5% |
Total PTT Payable
$0
Effective rate: 1.733%
Tax Breakdown
| Bracket | Taxable | Tax |
|---|---|---|
| First $200,000 | $200,000 | $2,000 |
| $200,001 – $2,000,000 | $550,000 | $11,000 |
Base PTT$13,000
Total Payable$13,000
Important Notes
• Foreign buyers pay an additional 20% PTT on residential property in specified areas.
• GST (5%) applies to newly constructed homes only.
• Newly built home exemption: full exemption up to $1.1M, partial $1.1M–$1.15M.
• FTHB rebate: full exemption up to $835K, partial phase-out $835K–$860K.
For estimation purposes only. Consult a notary or lawyer for advice.