Property Transfer Tax Calculator BC — Calculate PTT
Calculate Property Transfer Tax on home purchases in British Columbia Canada. See first-time buyer exemptions and newly built home exemptions.
British Columbia charges Property Transfer Tax on all property purchases at progressive rates: 1% on first $200000 then 2% on $200001-$2000000 then 3% above $2000000 plus an additional 2% above $3000000. First-time home buyers are exempt on properties up to $835000 with partial exemptions up to $860000. The foreign buyer tax adds an additional 20% in designated areas including Metro Vancouver and the Fraser Valley.
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Key Information
| Parameter | Details |
|---|---|
| PTT Rate Structure | 1% / 2% / 3% / 5% (graduated) |
| First-Time Buyer Exemption | Full on properties up to $835000 |
| Newly Built Home Exemption | Full on properties up to $1100000 |
| Foreign Buyer Tax | 20% additional in designated areas |
Calculate BC property transfer tax
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Use Calculator NowFrequently Asked Questions
How much is PTT on $800000 home in BC?
On an $800000 property: 1% on first $200000 = $2000. 2% on remaining $600000 = $12000. Total PTT = $14000. A first-time buyer purchasing under $835000 pays zero PTT saving the full $14000. This is one of the most significant first-time buyer benefits in Canada and should be factored into your home buying budget.
Do first-time buyers pay PTT in BC?
First-time buyers are fully exempt from PTT on properties up to $835000 if the property is their principal residence they are a Canadian citizen or permanent resident and they have never owned property anywhere in the world. Partial exemptions apply for properties valued $835001-$860000. The newly built home exemption covers properties up to $1100000 regardless of buyer status.
What is the BC foreign buyer tax?
The Additional Property Transfer Tax charges foreign nationals foreign corporations and taxable trustees an extra 20% on residential property purchases in designated areas. On a $1000000 home this means $200000 additional tax on top of regular PTT. The designated areas include Metro Vancouver Fraser Valley Nanaimo Victoria and Kelowna among others.
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Last updated: March 2026