BC Closing Costs Calculator (2025)

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Property Transfer Tax + legal fees + title insurance — calculate your full BC closing costs.

Calculate Your BC Closing Costs

BC's largest closing cost is the Property Transfer Tax (PTT), calculated on a sliding scale. First-time buyers and purchasers of newly built homes may qualify for full or partial exemptions.

Enter a purchase price above to calculate.

BC Property Transfer Tax Rates

Purchase Price PortionPTT Rate
First $200,0001%
$200,001 – $2,000,0002%
$2,000,001 – $3,000,0003%
Over $3,000,0005%

First-Time Buyer PTT Exemption

BC first-time buyers purchasing a home for $500,000 or less pay zero PTT. The exemption phases out between $500,000 and $525,000. To qualify: Canadian citizen or PR, BC resident for 12+ months, never owned a principal residence anywhere in the world.

New Construction Exemption

Newly built homes priced at $750,000 or less are PTT-exempt. Partial exemption between $750,000 and $800,000. This applies regardless of whether you're a first-time buyer.

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BC Closing Cost Examples

Purchase PricePTTLegal + TitleTotal
$600,000$10,000$1,800$12,600
$900,000$16,000$1,800$18,600
$1,200,000$22,000$2,000$24,800
$2,500,000$68,000$2,500$71,300

Related guides: BC real estate lawyer fees, BC home inspection costs, best banks in BC, BC PTT full guide.