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Prince Edward Island land transfer tax

Prince Edward Island land transfer tax calculator

Current Prince Edward Island land transfer tax rates with first-time buyer rebate handling and bracket-by-bracket math.

Prince Edward Island purchase

Your land transfer tax

Net total owed
$5,500
Provincial LTT$5,500
Gross before rebate$5,500

About Prince Edward Island land transfer tax

Prince Edward Island charges land transfer tax in graduated brackets — each rate applies only to the portion of the purchase price within that band. The full schedule is:

  • Over $0: 1.00%

Land transfer tax is paid at closing, in addition to your down payment, legal fees, title insurance, and any tax adjustments. For most Prince Edward Island buyers it's the largest single line item on the lawyer's trust statement.

First-time buyer rebate in Prince Edward Island

Full RPTT exemption for first-time buyers if property is ≤ $200,000 AND they have been a PEI resident for 6+ months OR will be the principal residence.

Other Canadian provinces

Rate source: https://www.princeedwardisland.ca/en/information/finance/real-property-transfer-tax. Verified 2026-01-01. Speak to a Mortgage360 advisor before relying on these figures for a real transaction.