For: Investors · Updated 2026-10-28

What taxes do I pay as a presale investor in BC?

By Uzair Muhammad, REALTOR®, Real Broker BC

Quick answer

Plan for GST on the purchase (most new-build investors get little or no GST rental rebate in Metro Vancouver because it ends at $450,000), the Speculation and Vacancy Tax if the unit sits empty, the BC home flipping tax if you sell within two years, and income tax on rent and gains. Get an accountant involved before you sign.

GST and the rental rebate

Investors pay GST on a new unit. The GST/HST new residential rental property rebate phases out between $350,000 and $450,000 and is not available at $450,000 or more, so it rarely applies to Metro Vancouver condos.

Speculation and Vacancy Tax

The SVT applies in Surrey, both Langleys, Abbotsford, Coquitlam, Burnaby, Delta, Chilliwack, Mission, Maple Ridge and other taxable regions. For 2026, the rate is 1% for Canadian citizens and permanent residents and 3% for foreign owners, unless an exemption applies, such as renting it out long term.

Selling taxes

The BC home flipping tax applies to profit on sales within 730 days, at up to 20%. Federal rules can treat short holds as business income.

Buying as an investor?

On a 10-minute call we'll walk through the taxes on a specific unit and refer you to an accountant who knows presales.

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Frequently asked questions

Do I get the GST rebate as a presale investor?

Only if the unit's value is under $450,000, with the full rebate below $350,000. Most Metro Vancouver condos are above that.

What is the SVT rate in 2026?

1% for Canadian citizens and permanent residents and 3% for foreign owners, for 2026 use, in taxable regions.

Should I buy a presale through a corporation?

It can make sense for some investors, but it changes exemptions and financing. Get accounting and legal advice first.

Sources

This is general information, not legal, tax or financial advice. Rules change; confirm with a lawyer, accountant or mortgage professional before you act.

About the author

Founder of Presale Properties Group. Spent 10 years at the City of Surrey in Planning and Bylaws before real estate. Represents buyers only on new construction across Metro Vancouver and the Fraser Valley.