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BC Property Transfer Tax Calculator

Estimate the property transfer tax on a home in British Columbia, including first-time buyer and newly built home exemptions.

Use 100% unless you are buying only part of the property.

Is the property entirely residential?
Is any buyer a foreign national or foreign entity?

If yes, the additional property transfer tax applies in Metro Vancouver and the Fraser Valley.

Exemptions
Who qualifies?
  • Canadian citizen or permanent resident
  • Lived in BC for 12 months in a row before buying, or filed 2 BC tax returns in the last 6 years
  • Never owned a principal residence anywhere in the world
  • Never received this exemption before
  • Home is your principal residence, 0.5 hectares or smaller, priced up to $835,000 (partial up to $860,000)
Who qualifies?
  • Canadian citizen or permanent resident
  • First registration of the home after it was built, including presales
  • You move in within 92 days and live there for at least the first year
  • Home is priced up to $1,100,000 (partial up to $1,150,000)
Other closing costs

Typical amounts. Change any of them to match your quotes.

Estimated property transfer tax

$0

Closing costs

Cash needed at closingTransfer tax plus closing costs, not including your down payment $0

Questions about these numbers?

I'm happy to walk you through your costs and options.

Alex Tom 778-889-5380 alex@velmont.ca

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These results are estimates only and are provided for general information. They are not financial, tax or legal advice. Rules, rates and eligibility can change; please confirm with a qualified lawyer, accountant or mortgage professional before making any decision. Property transfer tax is based on fair market value at registration, which may differ from the purchase price.