Know Your True Home Costs

Calculate your complete home buying costs in Canada – mortgage, taxes, and fees all in one place

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Home Cost Calculator

Get accurate estimates for your complete home buying costs in just 5 simple steps

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Step 1: Property Details

Non-residents face additional taxes

Qualify for tax rebates

Why Choose Our Calculator?

Get the most accurate and comprehensive home cost estimates in Canada

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Accurate Calculations

Provincial and municipal tax rates, CMHC insurance, and first-time buyer rebates all included for precise estimates.

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All Provinces Covered

Complete coverage for all Canadian provinces and territories with up-to-date tax rates and regulations.

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Mobile Friendly

Calculate your home costs anywhere, anytime. Fully responsive design works perfectly on all devices.

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Complete Cost Breakdown

See every cost involved: down payment, land transfer tax, legal fees, insurance, and monthly payments.

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Instant Results

Get your complete cost breakdown in seconds. No waiting, no complicated forms, just fast accurate results.

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Provincial Tax Rules Summary

Current land transfer tax rates and first-time buyer rebates by province (updated )

🍁 Ontario

LTT Rates: 0.5% (≤$55K), 1% ($55K-$250K), 1.5% ($250K-$400K), 2% ($400K-$2M), 2.5% (>$2M)
First-Time Buyer Rebate: Up to $4,000 (homes ≤$368K)
Toronto Municipal LTT: Additional 2% (with $4,475 first-time rebate)
Non-Resident Tax: 25% (NRST)

🏔️ British Columbia

PTT Rates: 1% (≤$200K), 2% ($200K-$2M), 3% ($2M-$3M), 5% (>$3M)
First-Time Buyer Rebate: Up to $8,000 (homes ≤$500K)
Foreign Buyer Tax: 20% (additional PTT)
Property Transfer Tax: Applies to all property transfers

⚜️ Quebec

Transfer Duties: 0.5% (≤$50K), 1% ($50K-$250K), 1.5% ($250K-$500K), 2% (>$500K)
First-Time Buyer Rebate: Up to $750 (homes ≤$200K)
GST/QST: 14.975% on new construction
Welcome Tax: Municipal transfer tax (varies by city)

🌾 Manitoba

LTT Rates: 0% (≤$30K), 0.5% ($30K-$90K), 1% ($90K-$150K), 1.5% ($150K-$200K), 2% (>$200K)
First-Time Buyer Rebate: Up to $1,500 (homes ≤$200K)
PST/GST: 12% combined on new construction

🌊 Nova Scotia

Deed Transfer Tax: Municipal tax (0% - 3%) - varies by city
Halifax: 1.5% + up to $1,500 first-time rebate
Non-Resident Tax: 5% (provincial - effective 2022)
HST: 15% on new construction

🌾 Saskatchewan

LTT Rate: 0.3% on all properties
First-Time Buyer Rebate: Up to $1,100 (homes ≤$500K)
PST/GST: 11% combined on new construction

🏔️ Alberta

Land Transfer Tax: No provincial LTT
Registration Fees: Minimal title registration fees only
GST Only: 5% on new construction (no PST)
First-Time Buyer: No specific LTT rebates (no LTT)

🍁 Other Provinces

New Brunswick: 1% LTT, up to $2,000 first-time rebate
PEI: 1% LTT, up to $1,000 first-time rebate
Newfoundland: 0.4% LTT, up to $1,000 first-time rebate
Territories: No provincial LTT (YT, NT, NU)

Important Notes

  • • Tax rates and rebates are subject to change - always verify with official government sources
  • • Municipal taxes may apply in addition to provincial taxes (e.g., Toronto, Montreal)
  • • First-time buyer eligibility has specific requirements that vary by province
  • • Non-resident taxes apply to foreign nationals and non-resident corporations
  • • CMHC insurance is required for down payments under 20%

Official Government Resources

Official provincial and federal resources for home buying taxes and regulations

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Federal Resources

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Ontario

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British Columbia

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Quebec

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Prairie Provinces

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Atlantic Provinces

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Territories

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Additional Resources

Always Verify Current Rates

Tax rates, rebates, and regulations change frequently. Always consult the official government websites above for the most current information before making any financial decisions. This calculator provides estimates based on 2024 rates for educational purposes only.