Land Transfer Tax Calculator (BC & Ontario)
Calculate BC property transfer tax and Ontario land transfer tax, with first-time buyer exemptions and refunds.
How it works
BC: 1% up to $200,000, 2% to $2M, 3% above $2M, plus 2% on residential value above $3M. First-time buyers: exemption on the first $500,000 if value ≤ $835,000, phased out to $860,000 (simplified; other conditions apply). Ontario: 0.5% to $55,000, 1% to $250,000, 1.5% to $400,000, 2% to $2M, 2.5% above $2M (1–2 single-family residences); first-time buyers get up to $4,000 refunded. Toronto municipal LTT is not included. More provinces coming.
Examples
- BC, $4,500,000 residential: $143,000 (gov.bc.ca example).
- Ontario, $400,000: $4,475 (Ontario.ca example); first-time buyer pays $475.
FAQ
Does this include Toronto’s municipal tax?
Not yet; Toronto buyers pay a second land transfer tax.