Calculate exactly how much PTT you'll pay buying a home in Fraserview
Fraserview is one of Vancouver's southernmost neighbourhoods, sitting above the Fraser River near Fraserview Golf Course and Everett Crowley Park. It offers sweeping river views, quiet residential streets, and a diverse community. Fraserview is one of the last places in Vancouver where buyers can find relatively affordable family housing.
Fraserview condos typically range from $500,000 to $700,000 for one- and two-bedrooms in low-rise and midrise buildings, many with river or mountain views.
Detached homes in Fraserview typically sell between $1.3M and $1.8M. River view properties near Kerr Street can command premiums above this range.
| Property Type | Typical Price | Estimated PTT |
|---|---|---|
| Condo / Apartment | $630,000 | $10,600 |
| Detached House | $1,500,000 | $28,000 |
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 $630,000 purchase — close to the typical condo price in Fraserview:
| Tier | Calculation | Amount |
|---|---|---|
| 1% on first $200,000 | $200,000 × 1% | $2,000 |
| 2% on next portion | $430,000 × 2% | $8,600 |
| Total PTT | $10,600 |
On a $630,000 purchase in Fraserview, you would owe $10,600 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 Fraserview 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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