Calculate exactly how much PTT you'll pay buying a home in Coal Harbour
Coal Harbour is one of Vancouver's most prestigious waterfront neighbourhoods, situated between Stanley Park and the downtown core. With sweeping views of Burrard Inlet, the North Shore mountains, and the marina, Coal Harbour condos command a premium among luxury buyers and international investors.
Coal Harbour condos are among the priciest in Vancouver. One-bedrooms start around $900,000, two-bedrooms typically range from $1.3M to $2.5M, and premium suites with panoramic water views can exceed $4M.
Coal Harbour has no detached housing — it is a luxury high-rise condo neighbourhood. Buyers seeking detached homes would need to look at neighbouring West End or North Vancouver.
| Property Type | Typical Price | Estimated PTT |
|---|---|---|
| Condo / Apartment | $1,100,000 | $20,000 |
BC PTT is calculated on the fair market value of the property at the time of transfer. The tax uses a tiered structure:
| Price Tier | Rate |
|---|---|
| First $200,000 | 1% |
| $200,001 – $2,000,000 | 2% |
| $2,000,001 – $3,000,000 | 3% |
| Above $3,000,000 | 5% |
For a full breakdown and more examples, see our BC Property Transfer Tax guide.
Here's a step-by-step PTT calculation for a $1,100,000 purchase — close to the typical condo price in Coal Harbour:
| Tier | Calculation | Amount |
|---|---|---|
| 1% on first $200,000 | $200,000 × 1% | $2,000 |
| 2% on next portion | $900,000 × 2% | $18,000 |
| Total PTT | $20,000 |
On a $1,100,000 purchase in Coal Harbour, you would owe $20,000 in property transfer tax. This amount is due on the closing date and is paid through your BC notary or real estate lawyer.
BC first-time home buyers may qualify for a full property transfer tax exemption on homes priced at $835,000 or less — provided the home is new construction and you meet residency and occupancy requirements. A partial exemption applies for new homes between $835,000 and $860,000.
For resale (previously owned) homes, the exemption applies to purchases up to $500,000, with a partial exemption to $525,000.
Given typical Coal Harbour pricing, first-time buyers purchasing a new condo priced under $835,000 could save thousands of dollars in PTT. Always confirm your eligibility with a BC notary or real estate lawyer before closing.
Enter any purchase price to calculate your exact property transfer tax.
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