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15% Property Transfer Tax

July 29, 2016
New Property Transfer Tax For Greater Vancouver Housing Market! The provincial government has just implemented a 15 per cent foreign buyer tax on all residential transactions in the Greater Vancouver Regional District areas effective August 2, 2016. The tax will be added to the Property Transfer Tax and will apply to all residential properties purchased by foreign nationals or foreign-controlled corporations.. The new tax will be payable on applicable transfers registered with the Land Title Office on or after August 2 regardless of when the deal was completed. The tax will apply to any transfer fee that is a foreign national, foreign corporation, or taxable trustee. Foreign nationals are defined as people who aren’t Canadian citizens or do not have permanent resident status in Canada. (Permanent residents will have a valid permanent resident card issued by the Canadian government.) Finance Minister Mike de Jong introduced the tax as part of legislation aimed at…
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New Listings

There are 1622 properties for sale on the MLS in Vancouver and Burnaby
Price Type Area Description Provided By
Add to Cart $1418888 Detached Fraser VE Nice property in very desirabl… RE/MAX Select Properties
Add to Cart $2198000 Detached Fraser VE This 28 years old Vancouver Sp… RE/MAX City Realty
Add to Cart $1755000 Detached Renfrew Heights Renfrew Height sought after lo… Team 3000 Realty Ltd. (Van)
Add to Cart $1798000 Detached Oakdale Open house cancelled for Aug 1… Macdonald Realty Westmar
Add to Cart $1288888 Detached Renfrew VE Build your dream home with Lan… Magsen Realty Inc.
Add to Cart $2168000 Detached Killarney VE Prime location in Killarney, t… Sutton Grp-West Coast (Brdwy)
Add to Cart $3500000 Detached South Vancouver Come see this stunning contemp… Royal Pacific Realty Corp.
Add to Cart $496000 Attached Downtown VW NW Corner one of the biggest 1… Sutton Group - Seafair Realty
Add to Cart $1388000 Detached Fraser VE 3 level old timer in popular F… RE/MAX City Realty
Add to Cart $1749000 Detached South Vancouver Exceptional house for a very v… Macdonald Realty Ltd (NVan)