PropertyGainsTax

CRA (canada.ca) · 2026

Capital gains tax on property in Yukon

Canada has no separate capital gains tax. One-half of the gain is added to your income for the year and taxed at your federal and Yukon marginal rates. That is why the province you live in changes the answer.

The Yukon figures, with their sources

A worked example for Yukon

A property bought for $300,000 and sold for $400,000 produces a gain of $100,000. One-half of that, $50,000, is added to income. For someone with $100,000 of other income living in Yukon, the estimated tax is $17,189, which is 17.2% of the gain. This is an estimate for general information, not tax advice.

Work out your own figures in the Canada calculator

Yukon tax brackets for 2026

Taxable incomeYukon rate
$0 to $58,523 6.40%
$58,523 to $117,045 9.00%
$117,045 to $181,440 10.90%
$181,440 to $500,000 12.80%
over $500,000 15.00%

Federal brackets, charged on top

Taxable incomeFederal rate
$0 to $58,523 14.00%
$58,523 to $117,045 20.50%
$117,045 to $181,440 26.00%
$181,440 to $258,482 29.00%
over $258,482 33.00%

Common questions

Common questions

How much capital gains tax will I pay on a property in Yukon?

It depends on the gain and on your other income, because Canada has no separate capital gains tax. One-half of the gain is added to your income and taxed at your federal and Yukon marginal rates. On a $100,000 gain with $100,000 of other income, the estimated tax is $17,189, which is 17.2% of the gain. Enter your own figures in the Canada calculator to see the estimate for your sale.

What are the Yukon tax brackets used in this estimate?

Yukon charges 6.40% on income $0 to $58,523, 9.00% on income $58,523 to $117,045, 10.90% on income $117,045 to $181,440, 12.80% on income $181,440 to $500,000, 15.00% on income over $500,000. These are the 2026 brackets, taken from the published rates and last checked on 6 September 2026. Federal tax is charged on top.

Do I pay capital gains tax when I sell my home in Yukon?

Usually not. Where the property was your principal residence for every year you owned it, the gain is exempt, though the sale must still be reported on Schedule 3 and designated on Form T2091(IND). The exemption is federal, so it works the same way in every province and territory.

Every province and territory

Rates last checked against Canada Revenue Agency (canada.ca) on 6 September 2026. Estimates for general information only, not tax advice. A qualified adviser should be used for a decision.