Leon Schaumer

Leon Schaumer

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HomeLife/Cimerman Real Estate Ltd., Brokerage*

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Your Land Transfer Tax Guide By Leon Schaumer

Buying a home involves more than just the purchase price, and understanding Land Transfer Tax can help you plan for all the costs. Leon Schaumer explains what the tax is, how it’s calculated, and what you need to know in each province.

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What Is Land Transfer Tax?

Land Transfer Tax is a one-time tax paid to the provincial or municipal government when a property changes ownership. It is usually calculated as a percentage of the purchase price or the fair market value.The revenue from this tax supports public services, infrastructure, and housing programs. While it adds to the cost of buying a home, understanding it upfront helps make the process smoother.

Who Pays Land Transfer Tax?

The buyer is responsible for paying the Land Transfer Tax. It is due in full at closing and cannot be added to the mortgage. In most provinces, lawyers or notaries typically handle the payment to ensure the property title can be legally transferred.

Want to know how much you’ll pay? Use our Land Transfer Tax Calculator to get your exact estimate instantly.

Get Your Tax Estimate
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Speciality: Experienced Buyers Agent, First Time Buyers Program, Relocations, Investment & Income Properties

Years of Experience: More than 30 years

Awards: Top achievement awards year after year

Area Covered: Toronto, GTA, Southern Ontario

Languages Spoken: English, Spanish, Yiddish



How much Land Transfer Tax will you Pay?

Rates vary by province — and sometimes by municipality — and most use a tiered system where different portions of your purchase price are taxed at different percentages.

 

Select province from the drop-down to see detailed rate brackets and calculations.

Or

Find Out How much you’ll pay
 

Ontario charges a tiered provincial Land Transfer Tax. If you’re buying a home in Toronto, a municipal Land Transfer Tax applies in addition to the provincial tax and mirrors the same tiered structure.

Tax Calculation:

  • 0.5% on the first $55,000
  • 1.0% on $55,001 - $250,000
  • 1.5% on $250,001 - $400,000
  • 2.0% on $400,001 - $2,000,000
  • 2.5% on amounts over $2,000,000 (one or two single-family residences)
 

British Columbia charges a tiered Property Transfer Tax on residential properties.

Tax Calculation:

  • 1% on the first $200,000
  • 2% on $200,0001 - $2,000,000
  • 3% above $2,000,000
  • Additional 2% on the portion of residential value over $3,000,000
 

Quebec applies a tiered Welcome Tax

Tax Calculation:

  • 0.5% on the first $61,500
  • 1.0% on $61,501 - $307,800
  • 1.5%on amounts over $307,800
 

Alberta does not charge a Land Transfer Tax; instead, buyers pay Land Titles Registration Fees.

Tax Calculation:

  • $50 base fee + $5 for every $5,000 (or portion) of property value
 

Saskatchewan charges Title Transfer Fees instead of a Land Transfer Tax

Tax Calculation:

  • No fee for title values up to $500
  • $25 flat fee for title values $500.01–$6,300
  • 0.4%of the title value for amounts over $6,300
 

Manitoba applies a sliding scale based on the property purchase price.

Tax Calculation:

  • 0% on the first $30,000
  • 0.5% on $30,001 - $90,000
  • 1.0% on $90,001 - $150,000
  • 1.5% on $150,001 - $200,000
  • 2.0% on amounts above $200,000
 

Nova Scotia’s Deed Transfer Tax rate varies by municipality

Tax Calculation:

  • 0.5% - 1.5% of the purchase price
  • Additional 10% for provincial non-resident buyers
 

New Brunswick applies a flat transfer tax.

Tax Calculation:

  • 1% of the purchase price or assessed value (whichever is greater)
 

Prince Edward Island charges a flat transfer tax.

Tax Calculation:

  • 1% of the greater of the purchase price or assessed value
  • No tax if the property value is below $30,000
 

Newfoundland & Labrador charges a Registration of Deeds fee in place of a land transfer tax

Tax Calculation:

  • $100 flat fee for property values under $500
  • $100 + $0.40 for every $100 above $500 for value above $500
 

Yukon applies Title Transfer Fees based on the property value at the time of transfer.

Tax Calculation:

  • $50 for values under $100,000
  • $150 for values from $100,000 to $499,999
  • $350 for values from $500,000 to $2,999,999
  • $550 for values from $3,000,000 to $9,999,999
  • $750 values $10,000,000 and above
 

The Northwest Territories charges Land Titles Fees rather than a transfer tax.

Tax Calculation:

  • $1.50 per $1,000 (minimum $100) for properties under $1,000,000
  • $1,500 + $1 per $1,000 above $1,000,000 for properties over $1,000,000
 

Nunavut charges registration fees instead of a Land Transfer Tax.

Tax Calculation:

  • $1.50 per $1,000 (minimum $60) for properties under $1,000,000
  • $1,500 + $1 per $1,000 above $1,000,000 for properties over $1,000,000

Calculate Your Land Transfer Tax Instantly

Enter price and location to get an instant land transfer tax estimate.

Note: Cost breakdowns should be used for reference only. Actual costs will vary by individual situation.

Unsure if you’re paying too much tax? Leon Schaumer can break it down for you — free and personalized.

Find Out What You’ll Actually Pay
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Land Transfer Tax Rebate

Some provinces offer rebates or incentives for first-time homebuyers. These rebates can reduce or partially cover the Land Transfer Tax on eligible properties, depending on the province and the purchase price. Reach out to Leon Schaumer to learn more about available rebates and how they may apply to your home purchase.

Looking for help with your Land Transfer Tax Rebate application?

Check Rebate Eligibility
Who is eligible?
  • Canadian citizen and permanent resident
  • 18+ years old
  • First-time home buyer You haven’t lived in a home owned by yourself or your spouse/common-law partner in the current year or in any of the past four years
  • Plan to occupy the home as your principal residence within 9 months
How much can you get?
  • Ontario: Up to $4,000
  • Toronto: Up to $4,475 in addition to the Ontario rebate
  • British Columbia: Full exemption for homes up to $500,000
  • Other provinces vary; check your local rules

Ready to Buy? Let's Discuss Your Costs

Understanding land transfer tax is just one part of the home buying process. Let me guide you through every step and help you budget accurately for your dream home.

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Land Transfer Tax Details

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.
For example, if you purchase a property for $300,000 in Ontario, 0.5% is charged on the first $55,000, 1% is charged on $55,000 - $250,000, while the $250,000 - $400,000 range is taxed at 1.5%. Your total tax bill? $2,975.00.

The following chart illustrates Land Transfer Taxes by province.

ONTARIO
Land Transfer Tax (go to calculator)
Up to $55,000 X 0.5% of total purchase price
From $55,000 to $250,000 X 1% of total purchase price
From $250,000 to $400,000 X 1.5% of total purchase price
From $400,000 up X 2% of total purchase price
BRITISH COLUMBIA
Property Purchase Tax
Up to $200,000 X 1% of total purchase price
From $200,000 up X 2% of total purchase price
MANITOBA
Land Transfer Tax
Up to $30,000 N/A
From $30,000 to $90,000 X 0.5% of total purchase price
From $90,000 to $150,000 X 1% of total purchase price
From $150,000 up X 1.5% of total purchase price
QUEBEC
Transfer Tax
Up to $50,000 X 0.5% of total purchase price
From $50,000 to $250,000 X 1% of total purchase price
From $250,000 up X 1.5% of total purchase price
Halifax Metro
1.5% on total purchase price
Outside HalifaxCounty
Check with local municipality.

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