Land Transfer Tax Calculator New Brunswick
Calculate NB Real Property Transfer Tax for any property purchase in New Brunswick. Includes first-time buyer rebate, non-resident surcharge, and bracket breakdown. Updated for 2026 (Federal only).
New Brunswick
NB Real Property Transfer Tax
New Brunswick charges a flat 1% Real Property Transfer Tax on the greater of (a) the consideration paid or (b) the assessed value. No first-time buyer exemption.
NB Real Property Transfer Tax payable
$3,200
Effective rate: 1.00% of the property price
Bracket-by-bracket breakdown
| Price band | Rate | Taxed in this band | Tax |
|---|---|---|---|
| $0 – $320,000 | 1.0% | $320,000 | $3,200 |
| Total | $320,000 | $3,200 |
New Brunswick brackets
| Price band | Standard rate |
|---|---|
| $0 – above | 1.00% |
New Brunswick charges a flat 1% Real Property Transfer Tax on the greater of (a) the consideration paid or (b) the assessed value. No first-time buyer exemption.
Compare with other jurisdictions
Ontario (provincial)
Ontario Land Transfer Tax
Toronto (provincial + MLTT)
Ontario LTT + Toronto Municipal LTT
British Columbia
BC Property Transfer Tax (PTT)
Manitoba
Manitoba Land Transfer Tax
Nova Scotia
Nova Scotia Deed Transfer Tax
Prince Edward Island
PEI Real Property Transfer Tax
Quebec
Quebec Welcome Tax (Droit de mutation)
Related Canada calculators
Frequently Asked Questions
How is NB Real Property Transfer Tax calculated?▾
NB Real Property Transfer Tax uses progressive brackets applied to the purchase price. Each portion of the price is taxed at its band's rate (not your highest rate applied to the whole amount). See the bracket table above for the exact rates. New Brunswick charges a flat 1% Real Property Transfer Tax on the greater of (a) the consideration paid or (b) the assessed value. No first-time buyer exemption.
Who qualifies for the first-time buyer rebate in New Brunswick?▾
Ontario FTB rebate requires: 18+, Canadian citizen or PR, neither you nor your spouse has ever owned a home anywhere in the world, will occupy as principal residence within 9 months, and apply within 18 months of registration. Up to $4,000 rebate (Ontario) plus $4,475 in Toronto.
When is LTT paid in New Brunswick?▾
At closing (settlement). Your lawyer handles the LTT calculation, applies any FTB rebate you're entitled to, and remits to the appropriate revenue authority. You'll need to bring LTT in CASH to closing — it can't be added to your mortgage. Budget LTT alongside your down payment, closing costs ($1,500-$3,000 legal), and title insurance.
Can I get my LTT refunded if I move out?▾
Most FTB rebates require continuous occupancy as your principal residence for a minimum period (typically 9-12 months). If you move out earlier without an exceptional reason (job relocation, marriage breakdown, medical), the revenue authority may claw back the rebate. Always document any unusual circumstances.
Does New Brunswick LTT apply to condos, vacant land, and commercial property?▾
New Brunswick LTT applies to most residential AND commercial property transfers. Condo purchases are taxed at the same rate as detached homes. Vacant land is also taxed (you pay LTT on the land value at purchase). Some agricultural land and farmland purchases qualify for reduced rates or exemptions — check with your lawyer.