How much is land transfer tax in Prince Edward Island?
Prince Edward Island charges real property transfer tax of 1% of the greater of the purchase price or assessed value. Eligible first-time buyers can have it waived.
| Price | Tax / fees |
|---|---|
| $300,000 | $3,000 |
| $500,000 | $5,000 |
| $750,000 | $7,500 |
| $1,000,000 | $10,000 |
Includes mortgage registration at 80% of price where charged. Before rebates. Checked October 7, 2026.
First-time buyer rebates
Real property transfer tax waiver for eligible first-time buyers; federal programs apply.
MBWritten by the MortgageBids.ca editorial team. Last updated October 7, 2026. General information only; your lender confirms terms for your file.
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Mortgage rates Prince Edward IslandClosing costs calculatorFirst-time buyer programs Prince Edward Island
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