Are these rates accurate for my area?

They are illustrative. Update to your local rates/thresholds.

Do rebates match my province/state?

Likely not; change amounts to your program rules.

Does this include foreign buyer/additional taxes?

No. Those vary and aren’t included.

Is this legal/tax advice?

No. Use official calculators or professionals for exact figures.

Yes—edit the rates/thresholds to match your jurisdiction.

finance calculator

Property Transfer Tax Calculator

Estimate property transfer tax using tiered rates with optional first-time and new-build rebates (illustrative).

Results

Gross transfer tax: $10,000
Rebates applied: $10,000
Net transfer tax: $0

How to use this calculator

Enter purchase price.
Toggle first-time buyer and new-build rebate flags if applicable.
Review gross tax, rebates, and net tax.

Inputs explained

Price: Property purchase price.
First-time buyer: Applies illustrative first-time rebate.
New build: Applies illustrative new-build rebate.

How it works

Tiered rates applied to purchase price. Example bands: 1% up to $200k, 2% to $2M, 3% above $2M.

Rebates: first-time buyer and new-build rebates are subtracted from the calculated tax, capped at tax amount.

Formula

Apply tiered rates to price; rebates = (first-time + new-build) capped at tax; Net = Tax − Rebates

When to use it

Quick estimate of transfer tax at closing.
Checking impact of first-time buyer or new-build rebates.
Budgeting total closing costs for buyers.

Tips & cautions

Rates and rebates vary by province/state; update bands and rebate amounts to your local rules.
If your jurisdiction has different thresholds, adjust the logic accordingly.
Combine with other closing cost calculators for full budgeting.
Illustrative bands/rebates; not jurisdiction-specific.
Does not include foreign buyer taxes, exemptions, or special cases.
Not tax/legal advice; verify with local regulations.

Worked examples

$600k, first-time

Tax: 1% of 200k = $2k; 2% of 400k = $8k; Total $10k
Rebate $8k (ftb), Net $2k

$1.2M, no rebates

Tax: 1% of 200k = $2k; 2% of 1M = $20k; Total $22k

Deep dive

Estimate property transfer tax with tiered rates and optional first-time/new-build rebates by entering price and flags.

Use this as a quick closing-cost estimate; update bands/rebates for your jurisdiction.

FAQs

Are these rates accurate for my area?: They are illustrative. Update to your local rates/thresholds.
Do rebates match my province/state?: Likely not; change amounts to your program rules.
Does this include foreign buyer/additional taxes?: No. Those vary and aren’t included.
Is this legal/tax advice?: No. Use official calculators or professionals for exact figures.
Can I adjust bands?: Yes—edit the rates/thresholds to match your jurisdiction.

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Illustrative property transfer tax estimate. Rates, thresholds, and rebates vary widely. Verify with your local authority or professional before relying on this figure.