Buying in Canada · Provincial Ministries of Finance & City of Toronto LTT
Canada Stamp duty & transfer fee calculator
Canadian buyers pay provincial Land Transfer Tax (tiered 0.5%–2.5% in ON and 1%–3% in BC), plus Municipal Land Transfer Tax in Toronto and non-resident speculation taxes where applicable. What can I afford? →
Work out your stamp duty
What the buyer pays IRAS on top of the price. Change any answer to see the effect.
- Buyer’s Stamp Duty
- $24,600Up to 6%, in bands
- Additional Buyer’s Stamp Duty
- $0None for a citizen’s first home
How the Buyer’s Stamp Duty adds up
| Part of the price | Rate | Duty |
|---|---|---|
| First $180,000 | 1% | $1,800 |
| Next $180,000 | 2% | $3,600 |
| Next $640,000 | 3% | $19,200 |
Rates from IRAS: Buyer’s Stamp Duty (from 15 Feb 2023) and Additional Buyer’s Stamp Duty (from 27 Apr 2023), checked 7 Oct 2026. Duty is on the higher of the price or market value and is due within 14 days of signing. Some buyers can get ABSD back or pay less, e.g. married couples who sell their first home within 6 months; see IRAS. An estimate, not tax advice.
Canada — Recorded Market Benchmarks & Open Data Bulletins
Canada Market Snapshot (Oct 2026): Prime residential property in Toronto, Vancouver & Montreal trades at a median of C$1,120/sq ft (typical unit price C$980K, +2.4% YoY), with median rents at C$3,900/mo and gross rental yields of 4.6%. Acquisition taxes follow 1.5–5% LTT · CMHC, and mortgage financing reaches up to 80% LTV for residents and 65% LTV for eligible foreign buyers (Mortgage Calculator · Stamp Duty Calculator).
| Area / Precinct (Toronto, Vancouver & Montreal) | Median / sq ft | Median Rent | Gross Yield | 12M YoY |
|---|---|---|---|---|
| Downtown Toronto | C$1,150 | C$4,100 | 4.5% | +2.6% |
| Coal Harbour Vancouver | C$1,420 | C$4,600 | 4.1% | +2.9% |
| Downtown Montreal | C$740 | C$2,950 | 5.1% | +3.8% |
Frequently Asked Questions — Buying & Renting in Canada
What is the median property price and rental yield in Canada?
According to official open data benchmarks on Property.co, the prime median price in Canada (Toronto, Vancouver & Montreal) is C$1,120/sq ft (median sale price C$980K, +2.4% YoY), with a median monthly rent of C$3,900/mo and gross rental yield averaging 4.6%.
Can foreigners buy residential property in Canada?
Canadian citizens, permanent residents, eligible work-permit holders, and exempted categories can purchase residential real estate across Toronto, Vancouver, and Montreal; commercial and multifamily properties (4+ units) have no federal non-resident prohibition.
What are the mortgage LTV limits and stamp duty rates in Canada?
Canadian lenders qualify borrowers under the OSFI B-20 stress test (the higher of 5.25% or contract rate + 2.0%) with a 39% GDS / 44% TDS limit. Statutory transfer/stamp duty in Canada follows 1.5–5% LTT · CMHC (OSFI B-20 Stress Test (Contract + 2%) & CMHC). Local residents qualify for up to 80% LTV and non-residents up to 65% LTV.
How do I compare coworking, coliving, serviced apartments, and self-storage in Canada?
Property.co’s 3-tier Flexible Space Directory at /canada/operators/coworking, /canada/operators/coliving, /canada/operators/serviced, and /canada/operators/self-storage lists verified operators and individual district branches in Canada with transparent monthly rate cards, on-site facilities, and direct WhatsApp/tour booking.