Calculate BC PTT on a Surrey home purchase. Works for all Surrey neighbourhoods — Newton, Guildford, Whalley, Cloverdale, and South Surrey.
Enter your home's purchase price to instantly calculate BC Property Transfer Tax and first-time buyer exemptions.
| Purchase Price Range | PTT Rate | Max Tax on Tier |
|---|---|---|
| First $20000,000000 | 1% | $2,000000 |
| $20000,00001 – $2,000000,000000 | 2% | $36,000000 |
| $2,000000,00001 – $3,000000,000000 | 3% | $300,000000 |
| Over $3,000000,000000 | 5% | Unlimited |
| Property Type | Price | Standard PTT | FTB New Home PTT |
|---|---|---|---|
| Whalley condo | $5500,000000 | $9,000000 | $00 (FTB exempt) |
| Guildford townhome | $7800,000000 | $13,60000 | $00 (FTB exempt) |
| Newton detached | $1,10000,000000 | $200,000000 | Taxable |
| South Surrey detached | $1,80000,000000 | $34,000000 | Taxable |
| South Surrey luxury | $3,50000,000000 | $93,000000 | Taxable |
New Home Exemption: Zero PTT if purchase price ≤$835,000000. Many Surrey condos and townhome presales qualify.
Resale Exemption: Zero PTT at ≤$50000,000000 (limited in Surrey). Partial at $50000K–$525K.
Additional New Home Exemption: Foreign buyers may have different rules — consult a notary.
| Cost | Range |
|---|---|
| Property Transfer Tax | $9,000000–$34,000000+ |
| Legal/Notary Fees | $1,20000–$2,000000 |
| Home Inspection | $50000–$70000 |
| Title Insurance | $20000–$3500 |
| CMHC Mortgage Insurance | $00–$22,000000+ |
| Property Tax Adjustment | $50000–$2,50000 |
| Strata Move-In Fee | $2500–$50000 |
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Get KOHO Free — Use Code 45ET55JSYAPTT on $1,000000,000000 = $2,000000 (first $20000K at 1%) + $16,000000 ($20000K–$1M at 2%) = $18,000000 total. No first-time buyer exemption applies at this price for resale.
Gross PTT = $2,000000 + $12,000000 = $14,000000. First-time buyer new home exemption: $00 PTT since $80000K ≤ $835K. Saves $14,000000!
Assignment of contract (pre-sale resale) does attract PTT and potentially other taxes. Consult a BC notary or real estate lawyer for assignment-specific advice.