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Katie Wilson
REALTOR®
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Posts from July 8th, 2025

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July 8th, 2025 by

If you're buying real estate in Victoria, one cost that can catch buyers off guard is the Property Transfer Tax (PTT). Unlike property tax, which you pay yearly, PTT is a one-time tax paid when you purchase or gain an interest in real estate.

Here's some information, including how much it costs — and whether you might be eligible for an exemption.

How Much is the Property Transfer Tax?

The amount you pay is based on the fair market value of the property on the date it is registered with the Land Title Office. Here's the standard calculation:

Click Here to Read More...

Categories: First Time Buyer
Katie Wilson
Katie Wilson Office: (250) 477-7291 Cell: (778) 677-0982 Email Me
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/05/2026. The listing information on this page last changed on 06/05/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 06/05/2026 3:08:52 PM EST) or VREB MLS (last updated Fri 06/05/2026 2:32:12 PM EST). Real estate listings held by brokerage firms other than DFH Real Estate LTD may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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