North Shore Vancouver Property Transfer Tax Guide 2025

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Complete PTT guide for North Vancouver and West Vancouver. Calculate your BC Property Transfer Tax, understand luxury tier rates (3% and 5%), and explore first-time buyer exemptions on the North Shore.

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North Shore PTT Calculator

Home Purchase Price ($) Buyer Type

BC PTT Rates — North Shore (North Vancouver & West Vancouver)

1% on the first $200,000
2% on $200,001 to $2,000,000
3% on $2,000,001 to $3,000,000 — applies to many West Van properties
5% on amounts above $3,000,000 — common at West Van luxury prices

North Shore PTT note: West Vancouver's typical property prices mean most buyers encounter the 3% and 5% tiers. North Vancouver condos near $835K may qualify for the FTB exemption on new construction. No Vancouver Empty Homes Tax on the North Shore — but BC Speculation and Vacancy Tax may apply.

North Shore PTT by Price Range

Purchase Price	BC PTT (General)	PTT (First-Time Buyer, New Home)	Common In
$700,000	$13,000	$0 (exempt)	North Van condos
$900,000	$16,000	$16,000 (above threshold)	North Van condos/TH
$1,200,000	$22,000	$22,000	North Van detached entry
$1,800,000	$34,000	$34,000	North Van detached avg
$2,500,000	$58,000	$58,000	West Van entry
$4,000,000	$108,000	$108,000	West Van mid-range
$6,000,000	$208,000	$208,000	West Van luxury

Banking on the North Shore

Best Banks for North Shore Residents

North Vancouver and West Vancouver residents have access to major bank branches along Lonsdale Avenue, Marine Drive, and in Park Royal Shopping Centre (West Vancouver). KOHO (no-fee, up to 2% cashback and transit, code BREMO2026) is ideal for everyday spending. EQ Bank at 3.00% is the top savings option for accumulating a North Shore down payment. Coast Capital Savings provides local credit union banking across the North Shore with CUDIC-insured deposits.

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Frequently Asked Questions

What is the PTT on a $2,000,000 North Vancouver home?

On a $2,000,000 North Vancouver purchase, the BC PTT is $38,000 — $2,000 on the first $200K (1%) plus $36,000 on the remaining $1,800,000 (2%). The 3% tier begins at $2,000,001. A $2M property is right at the boundary — one dollar above $2M triggers the 3% tier on that incremental amount. At North Vancouver's typical detached home prices, the first-time buyer exemption rarely applies.

Does Vancouver's Empty Homes Tax apply to North Vancouver?

No — the City of Vancouver's Empty Homes Tax (EHT) applies only within Vancouver's municipal boundaries. North Vancouver (City and District) and West Vancouver are separate municipalities and do not have the EHT. However, BC's Speculation and Vacancy Tax (SVT) may apply to properties in Metro Vancouver, including North Shore municipalities. The SVT rate for BC residents is 0.5% annually.

What is the PTT on a $3,500,000 West Vancouver estate?

On a $3,500,000 West Van purchase, the BC PTT is $93,000 — $2,000 on the first $200K (1%) + $36,000 on $200K–$2M (2%) + $30,000 on $2M–$3M (3%) + $25,000 on $3M–$3.5M (5%). The 5% tier applies to all amounts above $3 million. On a $5M West Van property, the PTT rises to $168,000 — a significant transaction cost that buyers must factor into their budget and financing.

Is there a foreign buyer tax on the North Shore?

Yes — BC's Additional Property Transfer Tax (APTT) at 20% applies to foreign entities purchasing residential property in Metro Vancouver, which includes North Vancouver and West Vancouver. On a $2M North Van home, a foreign buyer would pay $38,000 PTT plus $400,000 APTT — a combined transfer tax of $438,000. The APTT is one of BC's most significant tax measures aimed at housing affordability.