Property Transfer Tax Calculator – BC

Is this property a newly built home?
No Yes

Applicable on newly constructed homes and condos, manufactured and recycled homes placed on vacant land and conversions of property to residential purposes on land parcels under 0.5 hectares, as long as the new home is a principle residence for at least one year and is moved into within 92 days of purchase. More details here.
Are you a first-time homebuyer?
No Yes

Applicable to canadian citizens or permanent residences that have lived in BC for 12 consecutive months, and have never owned an interest in a principle residence anywhere in the world at any time. here.

Property Tax Info:

Property Transfer Tax:
Newly Built Home Exemption:
First Time Homebuyer’s Exemption:
Total Property Transfer Tax Due:

Mike Grace is an independent full-time mortgage planner and industry insider located in Victoria, BC. If you are purchasing, refinancing or renewing your mortgage, contact Mike to obtain the best available rates and terms.