Carrie  Cooke

Carrie Cooke

Sales Representative

RE/MAX Real Estate Centre Inc., Brokerage *

Mobile:
1-519-216-5116
Office:
519-942-8700
Toll Free:
1-800-461-2686
Email Me

Land Transfer Tax Details

Provincial Land Transfer Tax

Purchasers in most large Canadian cities can add Land Transfer Taxes to their list of closing costs. Unless you live in Alberta, Saskatchewan, or rural Nova Scotia, land transfer taxes (or property purchase tax) are part of the deal. These taxes, levied on properties that are changing hands, are the responsibility of the purchaser. Depending on where you live, taxes can range from half of a percent to two percent of the total purchase price.  Many provinces have multi-tiered taxation systems that can be complicated.


Manitoba | Land Transfer Tax
Up to $30,000 N/A
From $30,000 to $90,000 X 0.5% of total property value
From $90,000 to $150,000 X 1% of total property value
From $150,000 up X 2% of total property value

British Columbia | Property Purchase Tax
Up to $200,000 X 1% of total property value
From $200,000 up X 2% of total property value

Ontario | Land Transfer Tax
Up to $55,000 X 0.5% of total property value
From $55,000 to $250,000 X 1% of total property value
From $250,000 to $400,000 X 1.5% of total property value
From $400,000 up X 2% of total property value

Quebec | Transfer Tax
Up to $50,000 X 0.5% of total property value
From $50,000 to $250,000 X 1% of total property value
From $250,000 up X 1.5% of total property value

Nova Scotia | Land Transfer Tax
Halifax Metro: 0% to 1.5% on total property value
Outside Halifax County: Check with local municipality.

Have Questions?

By submitting this form, you are providing express consent to receive commercial electronic messages from www.carriecooke.ca. You may unsubscribe at any time.