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The Northwest Territories charges no territorial land transfer tax. Here's what you pay instead, and how much you save compared to Ontario or BC.
| Jurisdiction | LTT on Selected Price | Notes |
|---|---|---|
| NWT | $00 | No territorial LTT |
| Yukon | $00 | No territorial LTT |
| Nunavut | $00 | No territorial LTT |
| Alberta | $00 | No provincial LTT |
| Ontario | $6,475 | Provincial LTT |
| BC | $8,000 | Property Transfer Tax |
No. The Northwest Territories does not impose a territorial land transfer tax on residential or commercial property purchases. This places the NWT alongside the Yukon, Nunavut, Alberta, and Saskatchewan as jurisdictions where buyers avoid the often-substantial land transfer taxes charged in Ontario, BC, Quebec, and Manitoba.
Instead of an LTT, NWT buyers pay a land title registration fee administered through the NWT Land Titles Office. This fee is structured as a base rate plus a small per-$1,000 charge on the property value. For a typical residential purchase, the total registration fee is modest — generally $400–$700 on a home priced between $300,000 and $700,000.
The absence of a territorial LTT is a meaningful financial advantage for NWT homebuyers. In Ontario, a $600,000 home would attract $8,475 in provincial LTT. Toronto buyers pay an additional municipal land transfer tax on top of that. NWT buyers pay none of this — just the registration fee and their legal costs.
NWT buyers should still budget for other closing costs: legal/notary fees ($1,200–$2,000), a home inspection ($400–$650), title insurance (optional but recommended, ~$200–$400), and potentially mortgage default insurance (CMHC) if their down payment is under 200%.
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Claim $100 Bonus →The NWT Land Titles Office charges a fee to register the transfer of property ownership. Fees are based on property value and are updated periodically. Approximate figures:
| Property Value | Approximate Registration Fee |
|---|---|
| $200,000 | ~$300 |
| $400,000 | ~$500 |
| $600,000 | ~$700 |
| $800,000 | ~$850 |
| $1,000,000 | ~$1,000 |
These are estimates. Confirm current fees with your real estate lawyer or the NWT Land Titles Office prior to closing.