Land Transfer Tax (LTT)

Who Pays Land Transfer Tax?

When taking possession of your new home, one of the final steps is to register the transfer with your provincial land title office. As part of this process, a fee is assessed which may be based either on the amount paid, or the fair market value of the property. 

As a First Time home buyer you may qualify for rebates on part or all of the land transfer tax. In other circumstances you may also qualify for a full exemption, so be sure to check the rules with your provinces land title office. 

Land Transfer tax Rate

The rates for these fees are based not only on home value, but also vary by province, and even city. 

In most cases, the amount to be paid is determined by a legal professional. For help finding a lawyer in your province, visit our Find Your Local Team Page

British Colombia:

$200,000 and under - 1%
$200,000 to $ 2,000,000 - 2%
$2,000,000 to $3,000,000 - 3%
Over $3,000,000 - 5%


Alberta has no LTT.
You must however pay a Land Registration Fee


0.3% on properties over $ 8401


$30,000 and under - No Charge
$30,001 to $ 90,000 - 0.5%
$90,001 to $150,000 - 1%
$150,001 to $200,000 - 1.5%
Over $200,000 - 2%


$50,000 and under - 0.5%
Over $50,000 to $ 250,000 - 1%
Over $250,000 - 1.5%
The City of Toronto has additional taxes on top of this


The "Welcome Tax" depends on the location and price of the home.

The Maritimes:

From 0.5% to 1.5% in Nova Scotia, and 1% in P.E.I and New Brunswick.

Newfoundland & Labrador:

$100, plus 40 cents for every $100 of purchase price over $500

Looking for more information? Get personalized advice from our team!