Canadian Principal Residence Exemption (PRE) Calculator
Calculate the tax-free portion of your capital gain when selling a Canadian property using the Principal Residence Exemption (PRE).
Property Details
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Ownership History
The CRA's formula uses"1 + number of years designated as principal residence" to ensure you are not penalized for the year you buy/sell. Note: The"1+" rule does not apply if you were a non-resident of Canada when you acquired the property (after Oct 2, 2016).
How many years did you live in this property as your main home?
Tax Details (For Remaining Gain)
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Results
Enter your property details and click calculate to see your Principal Residence Exemption and tax estimates.
