Land transfer tax by province
| Province or territory | Tax | First-time buyers |
|---|---|---|
| Ontario | 0.5% to 2.5%, plus Toronto’s own tax | Up to $4,000 back (and $4,475 in Toronto) |
| British Columbia | 1% to 3%, plus 2% over $3 million | No tax on the first $500,000, up to $835,000 |
| Quebec | 0.5% to 1.5% (Montreal up to 4%) | None province-wide |
| Manitoba | 0% to 2% | No relief |
| New Brunswick | 1% | No relief |
| Nova Scotia | Up to 1.5%, set by each municipality | None province-wide |
| Prince Edward Island | 1% | Can be exempt |
| Alberta, Saskatchewan, Newfoundland and Labrador, territories | No tax, registration fees only | — |
When do you pay it?
Land transfer tax is due when the sale closes, and your lawyer or notary usually pays it for you from your funds. Plan for it in cash, on top of your down payment. Our mortgage affordability calculator shows what you can afford, and our mortgage calculator your payments.