Tax Calculator

Paycheck Tax Calculator

← Land transfer tax by city

Land transfer tax · 2026

Vancouver land transfer tax

Rank #9 at $750k · $13,000 · BC property transfer tax

Vancouver land transfer tax snapshot

British Columbia charges provincial property transfer tax (PTT). The general brackets are the same in Vancouver and Victoria; additional foreign-buyer PTT applies only in specified areas when toggled in the calculator.

Canada rank ($750k)

#9

$750k net tax

$13,000

Effective rate

1.73%

Tax stack

BC property transfer tax

Province

British Columbia

$1M net tax

$18,000

How Vancouver taxes property transfers

British Columbia charges provincial property transfer tax (PTT). The general brackets are the same in Vancouver and Victoria; additional foreign-buyer PTT applies only in specified areas when toggled in the calculator.

At $750,000 purchase price (1–2 single-family residence), modeled net tax is about $13,000 (rank #9 of 11; effective ~1.73%).

Vancouver sits between Calgary ($0) and Toronto ($22,950) on this vignette.

BC first-time buyer relief for Vancouver

From Apr 1, 2024, qualifying first-time buyers can exempt PTT on the first $500,000 when FMV ≤ $835,000; partial relief under $860,000. Property size and improvement rules apply (gov.bc.ca).

Vancouver uses the same provincial PTT schedule as other BC cities in this hub — city pages differ for local search and FTB context, not for a different municipal transfer tax.

Ranking vignettes leave FTHBP off. Use the calculator to model eligible exemptions.

Additional PTT for foreign buyers

Foreign nationals, foreign corporations, and taxable trustees pay additional PTT at 20% of their proportionate residential FMV share when the property is in a specified area (Metro Vancouver, Capital Regional District, and other listed districts — gov.bc.ca).

This surcharge is off the ranking baseline and can be toggled in the calculator.

What this city page excludes

First-time buyer refunds/credits and foreign-buyer surcharges (unless you personalize in the calculator).

Registration administration fees (e.g. Toronto MLTT admin fee), legal fees, title insurance, and statement-of-adjustments items.

Annual municipal property tax — linked separately below.

Compare Vancouver with another city

Compare any two cities

Closing land transfer / property transfer tax at $750,000 purchase price.

Vancouver land transfer tax by price

Single-family residence · not first-time · not foreign buyer · 2026.

Purchase priceGross taxRebateNet taxEffective
$500,000$8,000$0$8,0001.6%
$750,000$13,000$0$13,0001.73%
$1,000,000$18,000$0$18,0001.8%
$1,500,000$28,000$0$28,0001.87%

Vignette ($750,000 purchase price (1–2 single-family residence)): $13,000 net · 1.73%.

Buyer relief reference (Canada)

Official program caps across provinces. City-specific notes are in the sections above; ranking vignettes leave relief off.

Ontario LTT refund — max $4,000

Eligible first-time purchasers may claim a provincial LTT refund up to $4,000 (conveyances on/after Jan 1, 2017). Citizen/PR rules, principal-residence occupancy within nine months, and an 18-month application window apply (ontario.ca).

Toronto MLTT rebate — max $4,475

City of Toronto offers a separate first-time purchaser MLTT rebate up to $4,475 on top of the Ontario refund when eligibility criteria are met (toronto.ca rebate opportunities).

BC FTHBP — full FMV ≤ $835,000

From Apr 1, 2024, qualifying first-time buyers can exempt PTT on the first $500,000 when FMV ≤ $835,000; partial relief under $860,000. Property size and improvement rules apply (gov.bc.ca).

Québec accès credit — max $5,875

For acquisitions after Dec 31, 2025 (tax year 2026+), Revenu Québec’s refundable crédit d’impôt pour l’accès à la propriété reimburses municipal transfer duties up to $5,875. It is claimed on the tax return and phases out above a $750,000 tax base.

Closing & payment timing

Ontario / Toronto — at registration

Provincial LTT and Toronto MLTT are generally collected when the transfer is registered. First-time refunds are often netted at registration or claimed within 18 months afterward.

British Columbia — at Land Title registration

PTT returns are filed and tax is paid when the interest is registered at the Land Title Office, unless an exemption (including FTHBP) applies.

Montréal — 30 days after billing

Ville de Montréal bills transfer duties after the transfer; the invoice is payable in one instalment within 30 days of the billing date.

Ville de Québec — up to three instalments

When the bill exceeds $300, Québec City allows three equal payments without interest at 30, 90, and 150 days after the account is sent. Bills of $300 or less are due in full within 30 days.

Common myths vs official rules

“Mississauga has the same land transfer tax as Toronto.”

Mississauga pays Ontario LTT only. Toronto stacks MLTT. At $750k that is about $11,475 vs $22,950 — a $11,475 municipal premium (City of Toronto MLTT).

“Vancouver’s transfer tax is a city tax.”

BC property transfer tax is provincial. Vancouver and Victoria model the same PTT at the same price (~$13,000 at $750k). Annual municipal property tax rates still differ by city.

“Alberta buyers pay a provincial land transfer tax.”

Alberta does not levy a provincial land transfer tax. Calgary and Edmonton show $0 in this model. Land titles registration fees and legal costs still apply and are not included here.

“Québec transfer duties always equal the sale price × brackets.”

The tax base is the highest of consideration paid, consideration stipulated, and market value (assessment × comparative factor). Montréal’s 2026 factor is 1.00; Québec City’s is 1.08 — so assessment-based bases can exceed the negotiated price.

“The Québec first-home credit reduces tax at closing.”

The crédit d’impôt pour l’accès à la propriété (max $5,875) is a refundable tax credit claimed on the Québec return for tax year 2026+, not a municipal rebate netted on the statement of adjustments.

How to use this page

  1. Read the $750k ranking: See which cities cost the most at closing on a shared purchase price.
  2. Open a city page: Review the local tax stack, price ladder, FTB notes, and payment timing.
  3. Compare two cities: Use Toronto vs Mississauga, Toronto vs Vancouver, or Calgary vs Toronto.
  4. Personalize: Run your price, FTB, and foreign-buyer flags in the land transfer tax calculator.

Glossary

Land transfer tax (Ontario)
Provincial tax on the purchase of land in Ontario under the Land Transfer Tax Act. First-time purchaser refunds max $4,000.
MLTT
Toronto Municipal Land Transfer Tax — stacked on Ontario LTT for purchases in the City of Toronto. Graduated SFR rates from Apr 1, 2026; first-time rebate max $4,475.
NRST / MNRST
Ontario Non-Resident Speculation Tax (25% from Oct 25, 2022) province-wide for foreign nationals/corporations/taxable trustees. Toronto MNRST adds 10% from Jan 1, 2025.
Property transfer tax (BC)
British Columbia’s provincial tax on transfers of registered land interest (1% / 2% / 3% general brackets plus extra 2% on residential value over $3M).
Additional PTT (BC foreign)
20% additional tax on the residential FMV share for foreign nationals/corporations/taxable trustees in specified areas (including Metro Vancouver and Capital Regional District).
FTHBP
BC First Time Home Buyers’ Program — from Apr 1, 2024 exempts PTT on the first $500,000 when FMV ≤ $835,000 (partial under $860,000).
Welcome tax / droits de mutation
Québec municipal transfer duties on property transfers. Provincial law sets minimum brackets; cities such as Montréal and Québec may adopt higher rates above $500,000. Tax base is the highest of three statutory amounts.
Accès à la propriété credit
Québec refundable tax credit (2026+) reimbursing municipal transfer duties up to $5,875; claimed on the tax return, not at closing.
First-time buyer relief
Ontario/Toronto refunds, BC FTHBP exemption, and Québec accès à la propriété credit — modeled in the calculator, not in the ranking baseline.

Vancouver land transfer tax FAQs

At $750,000 purchase price (1–2 single-family residence), modeled net tax is about $13,000 (BC property transfer tax, rank #9). British Columbia charges provincial property transfer tax (PTT). The general brackets are the same in Vancouver and Victoria; additional foreign-buyer PTT applies only in specified areas when toggled in the calculator.

BC property transfer tax. British Columbia charges provincial property transfer tax (PTT). The general brackets are the same in Vancouver and Victoria; additional foreign-buyer PTT applies only in specified areas when toggled in the calculator.

$500,000 → $8,000; $750,000 → $13,000; $1,000,000 → $18,000; $1,500,000 → $28,000. Effective rate at $750k ≈ 1.73%.

BC’s First Time Home Buyers’ Program can exempt PTT on the first $500,000 when FMV ≤ $835,000 (partial exemption under $860,000; from Apr 1, 2024). Not included in the ranking baseline.

BC property transfer tax is filed and paid when the transfer is registered at the Land Title Office (usually by a lawyer or notary), unless an exemption applies.

No. Land transfer tax is paid at purchase. Annual municipal property tax is a separate ongoing levy — see Property Tax by City Canada.