Land Transfer Tax in Canada: Province-by-Province Guide 2026

Ontario Land Transfer Tax

On the first $55,000: 0.5%. $55,001–$250,000: 1.0%. $250,001–$400,000: 1.5%. $400,001–$2,000,000: 2.0%. Above $2,000,000: 2.5% on non-residential. Example: $800,000 home in Ontario = $12,475. Toronto buyers pay a second identical municipal LTT, making total LTT on an $800,000 Toronto home approximately $24,950. First-time buyer provincial rebate: up to $4,000. Toronto first-time buyer rebate: up to $4,475. Combined rebates can reduce Toronto LTT by approximately $8,475 for eligible first-time buyers.

British Columbia Property Transfer Tax

First $200,000: 1%. $200,001–$2,000,000: 2%. Above $2,000,000: 3%. Additional 2% on the residential portion above $3,000,000. First-time buyer exemption: full PTT exemption on homes purchased for $500,000 or less; partial exemption on homes $500,001–$525,000. New housing exemption available for qualifying new builds. Foreign buyer additional property transfer tax: 20% in Metro Vancouver and other specified areas.

Alberta and Saskatchewan: No LTT

Alberta has no provincial land transfer tax — one of the most significant cost advantages for buyers relocating from Ontario or BC. Instead, Alberta charges a land title transfer fee based on property value, typically $500–$1,500 — a fraction of LTT in other provinces. Saskatchewan similarly has no LTT, only land title registration fees. This is a material financial advantage that partially explains why these provinces attract interprovincial migration.

Other Provinces

Quebec (Bienvenue Tax): 0.5% on first $58,900; 1.0% on $58,901–$294,600; 1.5% above. Montreal properties may add a supplemental municipal tax. Manitoba: tiered from 0%–2% based on price. New Brunswick, Nova Scotia, PEI, and Newfoundland: each has its own deed transfer tax ranging from 0.5%–1.5%. Calculate your province's exact LTT before making an offer — it affects your total budget significantly.

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