Property Transfer Tax

When you purchase or gain an interest in property that is registered at the Land Title Office, you're responsible for paying property transfer tax.

Taxable transactions include:

  • transfer of fee simple
  • right to purchase or agreement for sale
  • lease or lease modification agreements
  • life estate
  • foreclosure 
  • Crown grant
  • escheatforfeiture or quit claim
  • transfer as a result of corporate reorganization

You pay the tax based on the fair market value of the property at the date of registration, unless you qualify for an exemption.

Property transfer tax should not be confused with annual property taxes. Annual property taxes are paid yearly for each property you own or have a registered interest in to fund services in your area.

Recent Changes

Find out about the changes announced in the 2016 Provincial Budget:

If you are a legal professional, find out how these changes may affect filing requirements.

Home Buyers

You may qualify to reduce the amount of tax you need to pay if:

What's New

Find out what's new with property taxes or subscribe to receive email updates when information changes on our website.

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