Land Transfer Tax

Current Land Transfer Tax Rates

  • 0.5% of the value of consideration for the transfer up to and including $55,000,
  • 1% of the value of the consideration which exceeds $55,000 up to and including $250,000, and
  • 1.5% of the value of the consideration which exceeds $250,000, and
  • 2% of the amount by which the value of the consideration exceeds $400,000 for land that contains at least one and not more than two single family residences.

Historical Land Transfer Tax Rates

Land Transfer Tax Rates Payable on the Value of the Consideration for Registered Conveyances

Effective Date Residents of Canada Non-Residents of Canada and Trustees for Non-Residents of Canada
All Land All Land
May 7, 1997 Amounts up to and including $55,000 - 0.5%
Amounts exceeding $55,000 up to and including $250,000 - 1.0%
Amounts exceeding $250,000 - 1.5%
Amounts exceeding $400,000, where the land contains one or two single family residences - 2.0%
Same rate as for residents of Canada
    Unrestricted Land Land that is not Unrestricted Land
June 1, 1989 Amounts up to and including $55,000 - 0.5%
Amounts exceeding $55,000 up to and including $250,000 - 1.0%
Amounts exceeding $250,000 - 1.5%
Amounts exceeding $400,000, where the land contains one or two single family residences - 2.0%
Same rate as for residents of Canada 20%
January 1, 1986 Amounts up to and including $55,000 - 0.5%
Amounts exceeding $55,000 - 1%
Amounts exceeding $250,000, where the land contains one or two single family residences - 1.5%
Same rate as for residents of Canada 20%
April 11, 1979 Amounts up to and including $45,000 - 0.4%
Amounts exceeding $45,000 - 0.8%
Same rate as for residents of Canada 20%
April 20, 1977 Amounts up to and including $35,000 - 0.3%
Amounts exceeding $35,000 - 0.6%
Same rate as for residents of Canada 20%
April 10, 1974 Amounts up to and including $35,000 - 0.3%
Amounts exceeding $35,000 - 0.6%
20% 20%

Land Transfer Tax Rates Payable on the Value of the Consideration for Unregistered Conveyances

Effective Date Residents of Canada Non-Residents of Canada and Trustees for Non-Residents of Canada
All Land All Land
May 7, 1997 Amounts up to and including $55,000 - 0.5%
Amounts exceeding $55,000 up to and including $250,000 - 1.0%
Amounts exceeding $250,000 - 1.5%
Amounts exceeding $400,000, where the land contains one or two single family residences - 2.0%
Same rate as for residents of Canada
    Unrestricted Land Land that is not Unrestricted Land
July 19, 1989 Amounts up to and including $55,000 - 0.5%
Amounts exceeding $55,000 up to and including $250,000 - 1.0%
Amounts exceeding $250,000 - 1.5%
Amounts exceeding $400,000, where the land contains one or two single family residences - 2.0%
Same rate as for residents of Canada 20%
April 10, 1974 Not applicable Not applicable Not applicable
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