Real Estate Services in Ottawa and Surrounding Areas

Land Transfer Tax

 

A person using a calculatorPurchasers in most large Canadian cities including Ottawa can add land transfer taxes to their list of closing costs.

 

Land transfer taxes (or property purchase tax) are a basic fact of life unless you live in the provinces of Alberta, Saskatchewan, or rural Nova Scotia. These taxes are based on the value of the property and payable upon closing by the purchaser. Most provinces have complex multi-tiered taxation system. Use our Land Transfer Tax Calculator to determine what land transfer charges apply to your purchase. Note that first time home buyers may be eligible to a full or partial refund on land transfer taxes. 

 



Land Transfer Taxes in Canada By Province

Ontario

  • Land Transfer Tax
  • Up to $55,000 X .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

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

Manitoba

  • Land Transfer Tax
  • Up to $30,000 N/A
  • From $30,000 to $90,000 X .5 % of total property value
  • From $90,000 to $150,000 X 1 % of total property value
  • From $150,000 up X 1.5 % of total property value

Quebec

  • Transfer Tax
  • Up to $50,000 X .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

  • 1.5 per cent on total property value

Outside Halifax County

  • Check with local municipality.