How much Property Transfer Tax will you save as a first-time buyer in the Fraser Valley?
First-time buyers in BC pay zero PTT on homes up to $500,000 and save $8,000 on homes up to $835,000. Buy new and you can add up to $50,000 back in GST. Enter your price to see your exact number.
For new homes, enter the price before GST.
"Never" is the BC test for the PTT exemption. If you owned before, you may still qualify for the federal GST rebate on a new home — answer below.
Down payment: FHSA, RRSP and savings
FHSA counts up to $40,000 per person. The Home Buyers' Plan lets each of you withdraw up to $60,000 from RRSPs that have been there 90+ days.
Mortgage assumptions
You qualify at your rate + 2% or 5.25%, whichever is higher. 30-year amortization is available on insured mortgages for first-time buyers and new builds.
$0
Property Transfer Tax you pay as a first-time buyer (was $7,322)
- PTT saved (BC First Time Home Buyers' Program)$7,322
- GST rebate (new construction only)—
- FHSA + HBP you can bring$0
- Estimated stress-test ceiling at your income—
- Total tax relief at closing$7,322
Get your personalized first-time buyer roadmap
Top 1% Fraser Valley · 500+ families · Royal LePage Little Oak Realty
A PDF with these numbers, your GST rebate eligibility, your FHSA + HBP stacking strategy, and a 90-day purchase timeline.
Why first-time buyers in the Fraser Valley have a rare window right now
- The benchmark Fraser Valley condo is $466,100 (August 2026), down 8.9% from a year ago, and now under the $500,000 zero-PTT line.
- 9,787 homes are for sale across the Valley, 33% above the ten-year average. The sales-to-listings ratio is 10%: a buyer's market.
- Buyers are on the sidelines. Fewer competing offers on the units that qualify for the full exemption.
Source: Fraser Valley Real Estate Board, August 2026 statistics.