Learn everything you need to know about land transfer tax in Alberta. Also, use our easy-to-use land transfer tax for Alberta calculator to estimate the land transfer tax amount to buy a property in Alberta.
The Land Registration Fee and the Mortgage Registration Fee are paid to the Land Titles Office.
The Land Registration and Mortgage Registration fees cost $50 plus $2 for every $5,000 of the land value.
The Mortgage Registration Fee also costs $50 plus $1.5 for every $5,000.00 of the mortgage loan amount.
Alberta Land Transfer Tax Calculator
Living In Alberta
Alberta, known as Canada’s “energy province,” houses over 4 million people, primarily in Calgary and Edmonton. Its stunning landscapes include mountains, glacial lakes, and vast forests.
This province offers some of the most affordable housing in Canada, thanks to low taxes and mortgage costs. Calgary and Edmonton boast reasonable house prices, averaging $461K and $341K, respectively, contrasting the $1.2M in Toronto and Vancouver.
Alberta’s economy thrives on oil, gas, and rapidly expanding industrial and service sectors, making it a national economic leader. With a median family income 16% above the Canadian average of $98,400 (2018), Alberta offers a high standard of living and has become a prime choice for young Canadians entering the housing market.
Brief Facts About Living In Alberta
“Wild Rose Country”
Median House Price
$430,964
Average Mortgage
$341,289
Population
4,500,917
Median Household Income
$80,449
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