Prince Edward Island Land Transfer Tax Calculator
PEI charges 1% Real Property Transfer Tax. First-time buyers are exempt.
Last updated: May 2026
Total payable
PEI charges 1% Real Property Transfer Tax. First-time buyers are exempt. Land transfer tax is a one-time closing cost paid when ownership of a property changes hands. It's calculated on the purchase price and is usually due on closing day, so it needs to be budgeted alongside your down payment and legal fees.
Use the calculator above to estimate your exact tax at any purchase price, then see the full picture with our national land transfer tax calculator covering every province.
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Plan Your Full Prince Edward Island Budget
Add your mortgage payment and down payment to your land transfer tax estimate.