Real Property Transfer Tax Rate

This section provides information on the Real Property Transfer Tax rate in the Province of Prince Edward Island.

What is the rate of Real Property Transfer Tax?

The rate of Real Property Transfer Tax is 1% of the greater of:

  • the purchase price of the real property; or
  • the assessed value of the real property.

 

Disclaimer: This page is prepared for information purposes only, and should not be considered a substitute for the applicable statutes. Should there be any conflict between the contents of this page and the statutes, the statutes will prevail.
Published date: 
May 17, 2017