Stamp Duty
Buyer’s Stamp Duty
| Purchase Price or Market Value of the Property | BSD Rates for Residential Properties | BSD Rates for Non-Residential Properties |
| First $180,000 | 1% | 1% |
| Next $180,000 | 2% | 2% |
| Next $640,000 | 3% | 3% |
| Next $500,000 | 4% | 4% |
| Next $1,500,000 | 5% | 5% |
| Above $3,000,000 | 6% | 6% |
Formula for purchases above $1,000,000:
4% of purchase price less $15400
Formula for purchases above $1,500,000:
5% of purchase price less $30400
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