British Columbia Land Transfer Tax Calculator (2026)
On a $650,000 home in British Columbia, expect about $11,000 of land transfer tax โ due in cash at closing, on top of your down payment. Enter your price below for the exact number, including first-time-buyer relief.
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British Columbia land transfer tax rates (2026)
Marginal rates โ each applies only to the portion of the price in that band.
| Portion of the price | Rate |
|---|---|
| $0 โ $200,000 | 1% |
| $200,000 โ $2,000,000 | 2% |
| $2,000,000 โ $3,000,000 | 3% |
| Over $3,000,000 | 5% |
Statutory 2026 rates. First-time buyers pay no tax on the first $500,000 for homes up to $835,000 (worth $8,000), phased out by $860,000. Newly built homes are exempt up to $1.1M.
What you'd pay in British Columbia โ worked examples
| Purchase price | Land transfer tax | First-time buyer pays |
|---|---|---|
| $400,000 | $6,000 | $0 |
| $500,000 | $8,000 | $0 |
| $650,000 | $11,000 | $3,000 |
| $800,000 | $14,000 | $6,000 |
| $1,000,000 | $18,000 | $18,000 |
| $2,000,000 | $38,000 | $38,000 |
| $4,000,000 | $118,000 | $118,000 |
Computed from the 2026 schedule above. The first-time-buyer column applies the maximum relief; eligibility conditions apply. Small flat admin fees excluded.
How it works in British Columbia
BCโs property transfer tax is 1% on the first $200,000, 2% up to $2M, 3% above โ plus a further 2% on the residential portion over $3M. First-time buyers pay nothing on the first $500,000 for homes up to $835,000, and newly built homes are fully exempt up to $1.1M.
Land transfer tax elsewhere in Canada
Or use the main land transfer tax calculator to compare every province at once, and see how land transfer tax works across Canada.
Frequently asked questions
How much is the land transfer tax in British Columbia on a $650,000 home?
About $11,000 in 2026. Use the calculator above for your exact price and first-time-buyer status.
Do first-time buyers pay British Columbia land transfer tax?
First-time buyers pay no tax on the first $500,000 for homes up to $835,000 (worth $8,000), phased out entirely by $860,000 โ and newly built homes are exempt up to $1.1M for any buyer.
Can I roll it into my mortgage?
No โ land transfer tax is a closing cost paid in cash on closing day, on top of your down payment. See how land transfer tax works across Canada.