Yukon Land Transfer Tax Calculator
When you a buy a house or condo in Yukon you are subject to land transfer tax on closing. Use Ratehub.ca’s calculator to determine your land transfer tax or view Yukon’s current rates below.
Compare current mortgage rates across the Big 5 Banks and top Canadian lenders. Take 2 minutes to answer a few questions and discover the lowest rates available to you.
A guide to Yukon land transfer tax
Jamie David, Sr. Director of Marketing and Mortgages
Land transfer tax rates in Yukon1
The cost of the land transfer tax is based on an Assurance Fee, Transfer Fees, and Mortgage Fees as described below.
Fee #1: Assurance Fees
This fee is only applicable if your purchase price is greater than the value of the property at the time of its last transfer, in which case you would incur the following fees:
• $20 for: First $10,000 of additional declared value
• $10 for: Each additional $10,000 onwards of additional declared value
For example, if you recently purchased a property for $100,000 but its value at the time of the last transfer was $80,000, there will be an additional $20,000 of declared value. Therefore, your assurance fee will be $30 ($20 on the first $10,000 and $10 on the remaining $10,000).
Fee #2: Transfer Fees
When purchasing a property, you will also need to pay a flat title transfer fee, which will depend on the purchase price of your property. See the rates below to find the fee that applies to the value of your property.
| Property value | Flat Fee |
|---|---|
| Less than $100,000 | $50.00 |
| $100,000 or more but less than $500,000 | $150.00 |
| $500,000 or more but less than $3,000,000 | $350.00 |
| $3,000,000 or more but less than $10,000,000 | $550.00 |
| $10,000,000 or more | $750.00 |
Fee #3: Mortgage Fees
The flat fee you will pay on your mortgage depends on the value of the mortgage you take out. See the chart below for the fee that applies with the value of your mortgage.
| Mortgage Value | Flat Fee |
|---|---|
| Less than $100,000 | $50.00 |
| $100,000 or more but less than $500,000 | $100.00 |
| $500,000 or more but less than $1,000,000 | $200.00 |
| %1,000,000 or more but less than $5,000,000 | $400.00 |
| $5,000,000 or more but less than $10,000,000 | $600.00 |
| $10,000,000 or more but less than $20,000,000 | $800.00 |
| $20,000,000 or more | $1,000.00 |
Yukon land transfer tax example calculation
Let’s assume you are purchasing a house for $200,000 and the value of the house at the time of its last transaction was $180,000. Let's also assume that you will require a $190,000 mortgage to purchase this property.
- $30 assurance fees
+ $150 transfer fees
+ $100 mortgage fees
= $280 total land transfer tax
Source: Land Titles Office, Department of Justice, Yukon Territory