Land transfer tax · British Columbia · 2026
Land transfer tax on a $900,000 home in British Columbia
$16,000 for most buyers.
Land transfer tax
$16,000
1.78% of the price
Newly built home
$0
With the newly built home exemption
B.C. charges property transfer tax of 1% on the first $200,000, 2% up to $2 million and 3% above that, plus another 2% on the part of a home's value over $3 million.
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How the B.C. property transfer tax is worked out
On a $900,000 purchase
| Band | Rate | Taxed | Tax |
|---|---|---|---|
| Up to $200,000 | 1% | $200,000 | $2,000 |
| $200,000 to $2,000,000 | 2% | $700,000 | $14,000 |
| Total | $16,000 |
First-time home buyers
First-time buyers pay no tax on the first $500,000 of homes up to $835,000, worth up to $8,000. The exemption shrinks to zero between $835,000 and $860,000. Newly built homes up to $1,100,000 can be fully exempt.
- B.C. property transfer tax$16,000
First-time buyer total: $16,000
Cash you'll need at this price
With less than 20% down, here's the least you'd bring to closing before legal fees, inspection and moving.
- Minimum down payment$65,000
- Land transfer tax$16,000
- Total$81,000
The $33,400 mortgage insurance premium (25-year amortization) is added to your mortgage, but the provincial sales tax on it is paid in cash.
Add legal fees, inspection and more in the closing costs calculator →
Land transfer tax on $900,000 across Canada
Saskatchewan, Newfoundland and Labrador and the territories charge only land titles fees.
| Where you buy | Tax |
|---|---|
| Ontario | $14,475 |
| Toronto | $28,950 |
| British Columbia | $16,000 |
| Quebec | $11,611 |
| Montreal | $13,349 |
| Manitoba | $15,650 |
| New Brunswick | $9,000 |
| Nova Scotia (Halifax) | $13,500 |
| Prince Edward Island | $9,000 |
| Alberta (fees only) | $1,720 |
Frequently asked questions
How much is land transfer tax on a $900,000 house in British Columbia?
The B.C. property transfer tax on a $900,000 home is $16,000 in 2026, about 1.78% of the price.
Do first-time buyers pay less?
First-time buyers pay no tax on the first $500,000 of homes up to $835,000, worth up to $8,000. The exemption shrinks to zero between $835,000 and $860,000. Newly built homes up to $1,100,000 can be fully exempt.
When do you pay land transfer tax?
It's paid when the transfer is registered with the Land Title Office on completion day, usually by your lawyer or notary from your closing funds.
Is land transfer tax based on the price or the assessed value?
It's based on the price you pay (the value of the consideration). If you buy for less than market value, for example from a relative, the province can tax the fair market value instead.
Other prices in British Columbia
Rates for 2026. Sources: B.C. property transfer tax. Estimates for planning, not legal or tax advice. Your lawyer or notary confirms the final amount.