Prince George, BC — PTT Calculator 2025

Prince George BC Property Transfer Tax Calculator 2025

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Calculate exactly how much BC Property Transfer Tax (PTT) you'll owe when buying a home in Prince George. Includes first-time buyer exemptions for resale and new homes.

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Calculate Your Prince George PTT

BC Property Transfer Tax Rates 2025

  • 1% on the first $200,000 of the purchase price
  • 2% on the portion from $200,001 to $2,000,000
  • 3% on the portion from $2,000,001 to $3,000,000
  • 5% on any amount above $3,000,000

First-Time Buyer PTT Exemptions

New Home Exemption: Full PTT exemption on new homes purchased for up to $835,000. Partial exemption between $835,001 and $860,000.

Resale Home Exemption: Full PTT exemption on resale homes purchased for up to $500,000. Partial exemption between $500,001 and $525,000.

Eligibility Requirements: Must be a Canadian citizen or permanent resident, have never owned a principal residence anywhere in the world, and plan to occupy the home as your principal residence within 92 days of registration.

Prince George PTT Examples

$380,000 — Entry-Level Home

$5,600

General buyer. First-time buyer (resale): $0 PTT — saving $5,600.

$450,000 — Average PG Home

$7,000

General buyer. First-time buyer (new home): $0 PTT — saving $7,000.

$520,000 — Above Average

$8,400

General buyer. First-time buyer (new home ≤$835K): $0 PTT.

$650,000 — Upscale PG Home

$11,000

General buyer. First-time buyer (new home ≤$835K): $0 PTT — saving $11,000.

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Prince George PTT FAQs

What is the PTT on an average Prince George home?
With an average home price of ~$440,000, a general buyer pays about $6,800 in PTT. A first-time buyer on a resale under $500,000 pays $0.
Can I get a PTT refund in Prince George?
You don't get a refund — you apply for the exemption at the time of property registration through your notary or lawyer. First-time buyers on eligible purchases pay reduced or zero PTT at closing.
Is the PTT the only tax on buying a home in Prince George?
PTT is the main transfer tax. New homes may also be subject to GST (5%), though new home rebates can offset much of this. There's no municipal land transfer tax in BC (unlike Toronto and other Ontario cities).
Do I pay PTT on a newly built home in Prince George?
Yes, PTT applies to new homes in Prince George. However, first-time buyers on new homes up to $835,000 qualify for full PTT exemption — valuable since new home prices are often higher than resale.