Property-tax estimates depend on the applicable assessed/taxable value, property class, municipal rules and statutory levies. A purchase price or market value is not automatically the same as the taxable value used for an actual bill.
Property Tax & Transfer-Cost Estimator
Enter the applicable assessed/taxable value or transaction value. This is an estimate and does not replace the municipality, assessment authority, lawyer or provincial tax calculation.
2026 residential property-tax comparison
| Municipality | 2026 residential rate | Rate basis |
|---|---|---|
| Toronto | 0.767311% | Per applicable taxable/assessed value |
| Vancouver | $3.36394 / $1,000 | Net taxable value |
| Calgary | 0.66499% | Residential assessed value |
These are current 2026 residential rates for the selected municipalities. Commercial, industrial, farm, multi-residential and other classes have different rates.
Land-transfer and registration costs
| Location | 2026 transfer / registration treatment |
|---|---|
| Toronto | Ontario LTT plus Toronto MLTT. Toronto's high-value MLTT schedule changed effective April 1, 2026. |
| Vancouver | BC Property Transfer Tax: 1% to $200,000, 2% from $200,000 to $2 million, 3% above $2 million, plus applicable further 2% on residential value above $3 million. |
| Calgary | No conventional Alberta land-transfer tax. Alberta Land Titles Registration Levy uses a $50 base plus $5 per $5,000 of property value for transfers. |
First-time homebuyer relief
- Ontario: qualifying first-time buyers can receive a provincial Land Transfer Tax refund of up to $4,000.
- Toronto: qualifying first-time purchasers can receive a separate Municipal Land Transfer Tax rebate of up to $4,475.
- British Columbia: a separate first-time-homebuyer Property Transfer Tax exemption exists, with the amount determined by the property's fair-market value and other eligibility conditions.
- Alberta: no conventional land-transfer tax means there is no corresponding provincial land-transfer-tax rebate.
Assessment is not the same as market value
A property's assessed value is an assessment figure used for taxation. It is not automatically the property's current selling price. Assessment authorities and municipalities use different rules and classifications, and actual tax bills can include multiple levies.
The calculator therefore should be treated as a planning estimate. Your actual property-tax bill should be compared with the municipal bill or the applicable assessment authority's records.
Frequently Asked Questions
Official references
- City of Toronto — 2026 property-tax rates
- City of Toronto — MLTT rates and fees
- Ontario — Land Transfer Tax calculation
- Ontario — First-time homebuyer LTT refund
- City of Vancouver — residential property-tax rates
- British Columbia — Property Transfer Tax
- City of Calgary — property-tax rates and bill calculation
- Alberta — Land Titles registration fees and levy
International Money Transfer & FX Rates
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Official assessment portals
Quick 2026 rates
Important distinction
Annual property tax, land-transfer tax and land-title registration charges are different costs. A property's purchase price is also not automatically its annual property-tax assessment.