British Columbia
The purchase price is the number everyone quotes. Closing costs are the ones that decide whether you can actually complete, and property transfer tax is the largest of them. Here is what each is, and what they come to in your city.
Cities covered
53
Typical share of price
2.1%
Exemption up to
$500K
Minimum down
5%
The tax is charged on a rising scale, so it is not one rate on the whole price. Each band applies only to the part of the price that falls inside it.
| Purchase price | Transfer tax |
|---|---|
| $500K | $8,000 |
| $800K | $14,000 |
| $1.20M | $22,000 |
| $2M | $38,000 |
A qualifying first-time buyer pays no transfer tax on the first $500,000 of value. The exemption phases out between $835,000 and $860,000 and is gone above that, which in the higher-priced parts of the province means it reaches only the lower end of the market. Eligibility turns on residency, tax filing history and never having owned a principal residence anywhere, so confirm it with gov.bc.ca or your conveyancer rather than assuming it.
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Each figure is worked against that city's current median asking price, so the gap between them is mostly the gap in price level.
Surrey
Median $1.05M
About $22,150 to close →
Vancouver
Median $1.40M
About $29,030 to close →
Langley
Median $998K
About $21,018 to close →
Richmond
Median $1.06M
About $22,230 to close →
Burnaby
Median $899K
About $19,030 to close →
Kelowna
Median $799K
About $17,030 to close →
Abbotsford
Median $800K
About $17,048 to close →
Chilliwack
Median $740K
About $15,848 to close →
Coquitlam
Median $976K
About $20,560 to close →
Kamloops
Median $605K
About $13,150 to close →
Maple Ridge
Median $1.14M
About $23,848 to close →
North Vancouver
Median $1.35M
About $28,050 to close →
Delta
Median $1.29M
About $26,830 to close →
Mission
Median $899K
About $19,030 to close →
Vernon
Median $625K
About $13,548 to close →
Nanaimo
Median $725K
About $15,550 to close →
Prince George
Median $447K
About $9,990 to close →
New Westminster
Median $700K
About $15,048 to close →
West Kelowna
Median $750K
About $16,050 to close →
West Vancouver
Median $3M
About $70,990 to close →
Saanich
Median $1.09M
About $22,848 to close →
Langford
Median $715K
About $15,350 to close →
Victoria
Median $729K
About $15,620 to close →
White Rock
Median $1.29M
About $26,810 to close →
Penticton
Median $639K
About $13,830 to close →
Port Coquitlam
Median $1.05M
About $22,048 to close →
Osoyoos
Median $519K
About $11,430 to close →
Port Moody
Median $949K
About $20,030 to close →
Whistler
Median $1.50M
About $31,030 to close →
Sooke
Median $799K
About $17,030 to close →
Campbell River
Median $685K
About $14,740 to close →
Squamish
Median $1.10M
About $23,030 to close →
Salmon Arm
Median $689K
About $14,830 to close →
Sechelt
Median $849K
About $18,039 to close →
Courtenay
Median $799K
About $17,030 to close →
Fort St. John
Median $429K
About $9,639 to close →
Port Alberni
Median $579K
About $12,639 to close →
Duncan
Median $799K
About $17,030 to close →
Lake Country
Median $999K
About $21,028 to close →
Quesnel
Median $390K
About $8,848 to close →
Merritt
Median $469K
About $10,428 to close →
Powell River
Median $567K
About $12,390 to close →
Gibsons
Median $999K
About $21,030 to close →
Oliver
Median $749K
About $16,028 to close →
Parksville
Median $727K
About $15,580 to close →
Summerland
Median $800K
About $17,048 to close →
Dawson Creek
Median $342K
About $7,899 to close →
Pitt Meadows
Median $858K
About $18,210 to close →
Hope
Median $676K
About $14,569 to close →
Nelson
Median $799K
About $17,030 to close →
Qualicum Beach
Median $855K
About $18,149 to close →
Williams Lake
Median $465K
About $10,348 to close →
Salt Spring
Median $1.20M
About $24,950 to close →
Provincial rates verified against gov.bc.ca on 2026-07-22. Legal, inspection, appraisal and title insurance figures are typical amounts, not quotes. Median asking prices come from live BCRES MLS® data and refresh hourly. General information, not tax or legal advice.