Land Transfer Tax by Province — 2026

Exactly how much land transfer tax you pay in every Canadian province — plus first-time buyer rebates, Toronto's double tax, and the Alberta/Saskatchewan exemptions.

Alberta and Saskatchewan Have No Land Transfer Tax: These two provinces do not impose an LTT on property purchases. Buyers pay only a small land title registration fee, saving thousands of dollars on closing costs compared to buying in Ontario or BC.

What is Land Transfer Tax — and When Do You Pay It?

Land Transfer Tax (LTT) — also called Property Transfer Tax (BC), Welcome Tax (Quebec), Deed Transfer Tax (Nova Scotia/New Brunswick), or Real Property Transfer Tax (various) — is a one-time tax charged by most provinces when legal ownership of real estate changes hands. It is paid by the buyer (not the seller) at the time of closing (the date the property title is registered in your name).

LTT is calculated as a percentage of the property's purchase price using a sliding-scale (marginal) rate structure — similar to income tax brackets. The first portion of the purchase price is taxed at a lower rate, with higher rates applying to portions above various thresholds. The LTT is paid through your closing lawyer or notary who remits it to the provincial government on your behalf before registering the title.

Ontario Land Transfer Tax — Full Rate Table & Rebates

Purchase Price Bracket	Marginal Rate	Cumulative Tax at Top of Bracket
First $55,000	0.5%	$275
$55,001 – $250,000	1.0%	$275 + $1,950 = $2,225
$250,001 – $400,000	1.5%	$2,225 + $2,250 = $4,475
$400,001 – $2,000,000	2.0%	$4,475 + $32,000 = $36,475
Over $2,000,000	2.5%	$36,475 + 2.5% on excess over $2M

Example — $900,000 home in Ontario:
First $55,000 × 0.5% = $275
Next $195,000 × 1.0% = $1,950
Next $150,000 × 1.5% = $2,250
Next $500,000 × 2.0% = $10,000
Total Ontario LTT = $14,475

Ontario First-Time Buyer Rebate: Eligible first-time buyers receive a rebate of up to $4,000 on Ontario LTT. This completely eliminates LTT on homes priced up to approximately $368,333. For a home at $900,000, the buyer pays $14,475 − $4,000 = $10,475 in Ontario LTT after the rebate.

Toronto Municipal Land Transfer Tax (MLTT)

Properties within the City of Toronto boundaries are subject to Toronto's Municipal Land Transfer Tax in addition to the provincial Ontario LTT. This effectively doubles the LTT burden for Toronto buyers:

Purchase Price Bracket	Toronto MLTT Rate
First $55,000	0.5%
$55,001 – $250,000	1.0%
$250,001 – $400,000	1.5%
$400,001 – $2,000,000	2.0%
Over $2,000,000 (residential)	2.5%

Example — $900,000 condo in Toronto (City):
Ontario LTT: $14,475
Toronto MLTT: $14,475 (same structure)
Total Combined LTT = $28,950 (before any first-time buyer rebates)

Toronto First-Time Buyer MLTT Rebate: Up to $4,475 rebate on Toronto MLTT. Combined with the Ontario rebate, a first-time buyer in Toronto can receive up to $8,475 in LTT rebates — saving significantly on closing costs.

British Columbia Property Transfer Tax (PTT)

Purchase Price Bracket	BC PTT Rate
First $200,000	1.0%
$200,001 – $2,000,000	2.0%
Over $2,000,000	3.0%
Over $3,000,000 (residential only)	Additional 2% on that portion (effectively 5% above $3M)

Example — $900,000 home in BC:
First $200,000 × 1% = $2,000
Next $700,000 × 2% = $14,000
Total BC PTT = $16,000

BC First-Time Buyer PTT Exemption: Full PTT exemption for first-time buyers on homes valued up to $500,000. Partial exemption on homes between $500,000 and $525,000 (exemption phases out proportionally). Must be a Canadian citizen or PR, must have lived in BC for 12 consecutive months, or have filed 2 BC income tax returns in the last 6 years.

All Provinces & Territories — Full Summary

Province/Territory	Tax Name	Rates	FTB Rebate/Exemption
Ontario	Land Transfer Tax	0.5%–2.5%	Up to $4,000
Toronto (City)	Municipal LTT (additional)	0.5%–2.5%	Up to $4,475
British Columbia	Property Transfer Tax	1%–5%	Full exemption ≤$500K
Alberta	Land Title Registration Fee only	~$500–$1,000 on typical home	N/A
Saskatchewan	Land Registration Fee only	~0.3% (sliding scale)	N/A
Manitoba	Land Transfer Tax	0.5%–2%	None
Quebec	Welcome Tax (Taxe de bienvenue)	0.5%–3% (varying by municipality)	None (refund for newly built homes only in some cases)
New Brunswick	Real Property Transfer Tax	Flat 1% of higher of purchase price or assessed value	None
Nova Scotia	Deed Transfer Tax	Set by each municipality; Halifax: 1.5%	None
PEI	Real Property Transfer Tax	1% (on amounts over $30,000)	None (registration exemption for rural PEI)
Newfoundland & Labrador	No LTT	Small registration fee only	N/A
Territories (YT, NT, NU)	Land Titles registration fees	Nominal fees only	N/A

Official Government References & Sources

• Ontario Ministry of Finance — Land Transfer Tax: ontario.ca/land-transfer-tax
• City of Toronto — Municipal Land Transfer Tax: toronto.ca/mltt
• BC Government — Property Transfer Tax: gov.bc.ca/property-transfer-tax
• Revenu Québec — Welcome Tax (Droits de mutation): revenuquebec.ca/land-transfer-duties

LTT Quick Reference

Ontario FTB RebateUp to $4,000

Toronto MLTT FTB RebateUp to $4,475

Toronto Combined FTB RebateUp to $8,475

BC FTB Exemption ThresholdHomes ≤ $500,000

Alberta LTTNone

Saskatchewan LTTNone

Quebec Welcome Tax Rates0.5%–3%

Newfoundland LTTNone

📍 Best Provinces to Buy — LTT

Alberta — No LTT, just ~$500 registration
Saskatchewan — No LTT, minimal fee
Newfoundland — No LTT
NB/PEI — Flat 1% only
Ontario FTB — $4K rebate helps