Selected year: 2024
Welcome Tax Calculator 2024 2026
Review brackets and estimate transfer duties for year 2024.
Calculator 2024
Estimate your real estate transfer taxes
Property Value
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City
What is the transfer tax?
Commonly called "welcome tax", the real estate transfer tax is a mandatory municipal tax imposed when transferring a property in Quebec. It must be paid by the buyer to the municipality where the building is located.
How is the welcome tax calculated?
The calculation is based on the highest amount among the following:
- The purchase price paid for the building;
- The amount of the consideration entered in the deed of sale;
- The value entered in the municipal assessment roll.
This amount is then subject to a progressive rate scale that varies by municipality. For example, a bracket from $0 to $50,000 may be taxed at 0.5%, while a bracket over $500,000 may be taxed at 1.5% or more.
Calculation example
For a property purchased in Montreal at a price of $600,000 (tax base):
- $0 to $61,500 (0.5%):$307.50
- $61,500.01 to $307,800 (1.0%):$2,463.00
- $307,800.01 to $552,300 (1.5%):$3,667.50
- $552,300.01 to $600,000 (2.0%):$954.00
- Total to pay:$7,392.00
* Approximate rates for example purposes.
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Selected year: 2024