How much is New Brunswick land transfer tax?

New Brunswick charges a Real Property Transfer Tax (RPTT) of 0.5% (flat rate) on all property transfers. On a $400,000 purchase, the RPTT is $2,000. On a $700,000 purchase, it is $3,500. The flat 0.5% rate applies to the full purchase price with no tiers or minimum exemption.

Is there a first-time home buyer rebate in New Brunswick?

No. New Brunswick has no first-time homebuyer RPTT rebate or exemption. All buyers pay the full 0.5% on the purchase price regardless of whether it is their first home.

How does New Brunswick RPTT compare to other provinces?

At 0.5% flat rate, New Brunswick has the lowest provincial land transfer tax in Canada among provinces that charge one. Alberta has no LTT at all. Ontario charges up to 2% (plus Toronto's additional LTT). BC charges 1%-5%. Nova Scotia municipalities charge 0.5%-1.5%. New Brunswick's flat 0.5% is straightforward and low-cost relative to other jurisdictions.

When is the RPTT paid in New Brunswick?

The RPTT is paid at the time the deed is registered with Service New Brunswick's Land Registry Office. Your real estate lawyer remits the tax on your behalf at closing. It is a one-time payment on purchase — not an annual property tax.

What is HST on new homes in New Brunswick?

New construction in New Brunswick is subject to 15% HST (5% federal + 10% provincial). The New Brunswick new housing rebate provides a partial rebate of 36% of the provincial HST portion for qualifying primary residence purchases, up to a maximum of $15,300. The federal GST/HST rebate also applies on homes priced up to $450,000.

What are total closing costs in New Brunswick?

Typical NB closing costs: RPTT (0.5% of purchase price), legal fees ($1,000-$2,000), title insurance ($200-$400), home inspection ($400-$700). For a $400,000 purchase: RPTT $2,000 + legal fees ~$1,500 + title insurance $300 + inspection $500 = approximately $4,300 total. One of the lowest closing cost environments in Canada.

Does the 0.5% RPTT apply to commercial property in New Brunswick?

Yes. The 0.5% flat rate applies to all real property transfers in New Brunswick, both residential and commercial. There is no reduced rate for commercial or investment properties, nor a higher rate for luxury residential properties.

Are any property transfers exempt from NB RPTT?

Yes. Certain transfers are exempt under the Real Property Transfer Tax Act: transfers between spouses, transfers on death (by will or intestacy), certain government transfers, and transfers to non-profit organizations meeting specific criteria. Consult a New Brunswick real estate lawyer for exemption details applicable to your transaction.

Is the NB RPTT based on the purchase price or assessed value?

For arm's-length (unrelated parties) transactions, RPTT is based on the purchase price. For non-arm's-length transactions (family transfers, related corporations), RPTT may be based on the assessed value or fair market value if higher than the stated purchase price. Your lawyer handles the determination at closing.

What is the NB RPTT on a $1 million property?

The RPTT on a $1,000,000 New Brunswick property is $1,000,000 x 0.5% = $5,000. Because the rate is flat at 0.5%, there is no increased rate for high-value properties, unlike Ontario (2.5% above $2 million), BC (3%-5% above $2 million), or Quebec (1.5% above $500,000).

New Brunswick Real Property Transfer Tax Calculator 2025

Calculate New Brunswick's Real Property Transfer Tax at a flat 1.0% rate on the greater of purchase price or assessed value.

Reviewed by Canadian Money Help Editorial Updated April 25, 2026 Source Service New Brunswick — Real Property Transfer Tax; SNB 1983 c. R-2.2

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New Brunswick charges a provincial Real Property Transfer Tax (RPTT) of 0.5% of the purchase price on all residential and commercial property transfers. This is the lowest provincial land transfer tax rate in Canada among provinces that charge one. The tax is set under the Real Property Transfer Tax Act, SNB 1983, c.R-2.2. There is no marginal bracket structure; the rate applies uniformly to the full purchase price.

How much is New Brunswick real property transfer tax?

The RPTT on any New Brunswick property purchase is a simple calculation: 0.5% of the purchase price. On a $350,000 home, the RPTT is $1,750. On a $500,000 home, it is $2,500. On a $1,000,000 commercial property, it is $5,000. New Brunswick’s flat-rate structure is the simplest of all provincial LTT regimes in Canada: no marginal brackets, no first-time buyer rebate, no municipal overlay, and no luxury surcharge. Buyers in NB have the most predictable LTT calculation of any province that charges the tax.

How NB RPTT is calculated

Rate and base

RPTT = purchase price x 0.5%. The base is the purchase price as stated in the transfer document. Unlike Manitoba, New Brunswick does not specify that LTT applies to the greater of purchase price and fair market value, though the provincial government reserves the right to challenge non-arms-length transfers priced below market. The tax applies to all types of real property: residential, commercial, industrial, agricultural, and vacant land.

No first-time buyer rebate

New Brunswick does not provide a first-time home buyer rebate for RPTT. The federal First Home Buyer Incentive (closed to new applicants in March 2024) and the RRSP Home Buyers’ Plan are available to NB residents through federal programs but do not reduce the provincial RPTT. NB’s affordability advantage is the low rate itself, not a targeted rebate.

Municipal transfer taxes

New Brunswick does not allow municipalities to levy their own transfer taxes. Fredericton, Moncton, and Saint John buyers pay only the provincial 0.5% RPTT; there is no municipal overlay comparable to Toronto’s 2.25% municipal land transfer tax. This is a meaningful advantage compared with the dual LTT structure in Ontario’s largest city.

Verified against source

The RPTT rate of 0.5% is set under the Real Property Transfer Tax Act, SNB 1983, c.R-2.2, s.4(1). The NB Finance real property transfer tax page confirms the current rate. This rate was verified in April 2026.

NB RPTT vs other provinces — comparison

Province	Tax on $400,000 home	Tax on $700,000 home
New Brunswick	$2,000	$3,500
Manitoba	$5,650	$12,650
Ontario	$4,475 (after FTB)	$9,475
BC	$6,000	$12,000
Nova Scotia	$6,000	$10,500
Alberta	~$350 (title fee only)	~$500

NB’s flat 0.5% rate produces some of the lowest LTT bills in Canada among taxing provinces. Buyers saving on LTT compared with Ontario or BC effectively retain several thousand dollars of closing cost savings.

How NB RPTT is paid

The RPTT is paid at closing through the purchaser’s lawyer or notary. The lawyer calculates the tax, collects it from the closing funds, and remits it to Service New Brunswick (SNB) when registering the transfer of title through the provincial electronic land registration system. The tax is due on the day of registration. No instalment option exists; the full amount must be paid at closing. SNB issues the registered transfer upon receipt of the RPTT payment and applicable registration fee.

Exempt transfers

The Real Property Transfer Tax Act provides exemptions for: transfers between spouses or common-law partners where no consideration is paid; transfers under court orders relating to a separation or divorce; transfers to a personal representative (executor) or trustee as part of an estate; transfers between related corporations in certain restructuring transactions; and transfers of family farms under qualifying conditions. All exemptions require the filing of an appropriate certificate or affidavit with the transfer registration at SNB.

New construction considerations

For new construction in NB, the RPTT applies to the purchase price in the Agreement of Purchase and Sale. The purchase price for HST purposes includes both the federal GST and the provincial component of HST (NB is an HST province at a combined 15% rate). If the purchase price in the agreement is stated inclusive of HST, the RPTT base includes the HST portion. Buyers of new construction should clarify whether HST is included in or excluded from the stated price before closing, as this affects the RPTT calculation. New housing HST rebates reduce the effective HST cost but do not alter the RPTT base.

New Brunswick housing market context

New Brunswick’s relatively low home prices combined with the 0.5% flat RPTT rate create one of the lowest LTT burdens in Canada on an absolute dollar basis. The average residential resale price in the Greater Moncton area was approximately $340,000 in Q1 2025 (New Brunswick Real Estate Association), generating RPTT of $1,700. The average Saint John area price was approximately $270,000, generating RPTT of $1,350. These amounts are substantially lower than comparable markets in Ontario and BC.

NB property transfer tax and HST

New Brunswick is an HST province with a combined rate of 15% (5% federal GST + 10% provincial HST). For new construction purchases, HST applies to the purchase price. The New Housing HST Rebate provides a partial federal rebate on homes priced below $450,000 and a partial provincial rebate for NB residents. The RPTT itself is not subject to HST; it is a provincial tax applied directly to the purchase price. New construction buyers in NB must factor both RPTT and the net HST cost (after rebates) into their closing cost calculation.

Comparison with federal and provincial programs available in NB

While NB does not provide a first-time home buyer RPTT rebate, NB residents can access the federal First Home Savings Account (FHSA) for tax-deductible, tax-free contributions up to $8,000 per year (lifetime $40,000), withdrawable tax-free for a first home purchase. The RRSP Home Buyers’ Plan allows up to $35,000 per person ($70,000 per couple) to be withdrawn from RRSP for a first home purchase, repayable over 15 years. The federal First-Time Home Buyer Tax Credit (line 31270 of the T1) provides a $1,500 non-refundable federal credit on qualifying first purchases. NB residents benefit from the same federal programs as all other Canadians, and the province’s low RPTT rate means total closing costs remain manageable even without a provincial rebate.

Methodology

NB RPTT = purchase price x 0.5% (flat rate, no tiers). No first-time buyer rebate. Exemptions for spouse transfers and death transfers. HST 15% on new construction; NB new housing rebate 36% of provincial HST to max $15,300.

Frequently asked questions

How much is New Brunswick land transfer tax?: New Brunswick charges a Real Property Transfer Tax (RPTT) of 0.5% (flat rate) on all property transfers. On a $400,000 purchase, the RPTT is $2,000. On a $700,000 purchase, it is $3,500. The flat 0.5% rate applies to the full purchase price with no tiers or minimum exemption.
Is there a first-time home buyer rebate in New Brunswick?: No. New Brunswick has no first-time homebuyer RPTT rebate or exemption. All buyers pay the full 0.5% on the purchase price regardless of whether it is their first home.
How does New Brunswick RPTT compare to other provinces?: At 0.5% flat rate, New Brunswick has the lowest provincial land transfer tax in Canada among provinces that charge one. Alberta has no LTT at all. Ontario charges up to 2% (plus Toronto's additional LTT). BC charges 1%-5%. Nova Scotia municipalities charge 0.5%-1.5%. New Brunswick's flat 0.5% is straightforward and low-cost relative to other jurisdictions.
When is the RPTT paid in New Brunswick?: The RPTT is paid at the time the deed is registered with Service New Brunswick's Land Registry Office. Your real estate lawyer remits the tax on your behalf at closing. It is a one-time payment on purchase — not an annual property tax.
What is HST on new homes in New Brunswick?: New construction in New Brunswick is subject to 15% HST (5% federal + 10% provincial). The New Brunswick new housing rebate provides a partial rebate of 36% of the provincial HST portion for qualifying primary residence purchases, up to a maximum of $15,300. The federal GST/HST rebate also applies on homes priced up to $450,000.
What are total closing costs in New Brunswick?: Typical NB closing costs: RPTT (0.5% of purchase price), legal fees ($1,000-$2,000), title insurance ($200-$400), home inspection ($400-$700). For a $400,000 purchase: RPTT $2,000 + legal fees ~$1,500 + title insurance $300 + inspection $500 = approximately $4,300 total. One of the lowest closing cost environments in Canada.
Does the 0.5% RPTT apply to commercial property in New Brunswick?: Yes. The 0.5% flat rate applies to all real property transfers in New Brunswick, both residential and commercial. There is no reduced rate for commercial or investment properties, nor a higher rate for luxury residential properties.
Are any property transfers exempt from NB RPTT?: Yes. Certain transfers are exempt under the Real Property Transfer Tax Act: transfers between spouses, transfers on death (by will or intestacy), certain government transfers, and transfers to non-profit organizations meeting specific criteria. Consult a New Brunswick real estate lawyer for exemption details applicable to your transaction.
Is the NB RPTT based on the purchase price or assessed value?: For arm's-length (unrelated parties) transactions, RPTT is based on the purchase price. For non-arm's-length transactions (family transfers, related corporations), RPTT may be based on the assessed value or fair market value if higher than the stated purchase price. Your lawyer handles the determination at closing.
What is the NB RPTT on a $1 million property?: The RPTT on a $1,000,000 New Brunswick property is $1,000,000 x 0.5% = $5,000. Because the rate is flat at 0.5%, there is no increased rate for high-value properties, unlike Ontario (2.5% above $2 million), BC (3%-5% above $2 million), or Quebec (1.5% above $500,000).