Property Capital Gains Tax Calculator Canada
Half of a capital gain on property is added to your income, so the tax depends on your province’s combined rate and on whether the principal residence exemption applies. Pick your province for a calculator that shows each step, plus ways to reduce the tax.
| Province | Top rate, income | Top rate, capital gain |
|---|---|---|
| Newfoundland and Labrador | 54.8% | 27.4% |
| Nova Scotia | 54% | 27% |
| Ontario | 53.53% | 26.77% |
| British Columbia | 53.5% | 26.75% |
| Quebec | 53.31% | 26.66% |
| New Brunswick | 52.5% | 26.25% |
| Prince Edward Island | 52% | 26% |
| Manitoba | 50.4% | 25.2% |
| Alberta | 48% | 24% |
| Saskatchewan | 47.5% | 23.75% |
Combined federal and provincial 2026 rates (Richter). Most sellers pay less than the top rate. The territories are not covered.
Compare capital gains tax across Canada
Put one property through every province to see where the same sale costs the most and the least in tax, with a table and charts that update as you type.
Same property, every province
Enter one sale and see the estimated tax at each province’s top 2026 rate. Only the rate and the sales tax on the commission differ; the federal rules are the same everywhere.
0 means a rental or investment with no exemption.
Estimated tax by province
On a gain of $280,700, the spread between the lowest and highest province is $9,942.
Breakdown by province
| Province | Gain | Added to income | Top rate | Tax | Gain after tax | vs lowest |
|---|---|---|---|---|---|---|
| Newfoundland and Labrador | $280,700 | $140,350 | 54.8% | $76,912 | $203,788 | +$9,942 |
| British Columbia | $283,900 | $141,950 | 53.5% | $75,943 | $207,957 | +$8,973 |
| Nova Scotia | $281,020 | $140,510 | 54% | $75,875 | $205,145 | +$8,905 |
| Ontario | $281,340 | $140,670 | 53.53% | $75,301 | $206,039 | +$8,331 |
| Quebec | $280,708 | $140,354 | 53.31% | $74,823 | $205,885 | +$7,853 |
| New Brunswick | $280,700 | $140,350 | 52.5% | $73,684 | $207,016 | +$6,714 |
| Prince Edward Island | $280,700 | $140,350 | 52% | $72,982 | $207,718 | +$6,012 |
| Manitoba | $283,900 | $141,950 | 50.4% | $71,543 | $212,357 | +$4,573 |
| Alberta | $283,900 | $141,950 | 48% | $68,136 | $215,764 | +$1,166 |
| Saskatchewan | $281,980 | $140,990 | 47.5% | $66,970 | $215,010 | lowest |
Top rate on income and on a capital gain
Tax as the gain grows: lowest, Ontario, highest
Rental or investment property with no exemption, taxed at each province’s top rate.
Illustration at the top rate in each province. Most sellers pay less, because the added income only reaches the top bracket above the provincial threshold. Not tax advice.
How the tax works
The gain is the sale price, less selling costs, less what the property cost you. For a home you lived in, the principal residence exemption covers (1 + years named) ÷ years owned of the gain. For a rental, second home or investment property there is no exemption. Of whatever is left, 50% is added to your income and taxed at your marginal rate. A residential property sold within 365 days of buying is taxed as business income, with no exemption and no 50% discount.
Every province page works through the steps with local numbers, then covers how to reduce or avoid the tax, when the exemption does not help, and what is specific to that province.
More free tools
Selling costs reduce the gain. Estimate them with the commission calculator and see your walk-away cash with the home sale proceeds calculator. Buying a replacement? Budget it with the closing costs calculator.