Land transfer tax calculator / Quebec
Quebec welcome tax calculator
Quebec's land transfer tax is called transfer duties, or the welcome tax (taxe de bienvenue). Standard 2026 brackets are 0.5% to $62,900, 1% to $315,000 and 1.5% above, and Montreal adds tiers up to 4% on expensive homes. New for 2026: a refundable provincial credit returns up to $5,875 to first-time buyers.
Purchase
Land transfer tax
$7,861
1.21% of the purchase price
- Standard brackets shown; municipalities can set higher rates on the portion above $500K. Brackets are indexed each year.
- The welcome tax is billed by the municipality a few months after closing, not paid at the notary.
What Quebec welcome tax (transfer duties) costs at common prices
Computed by the same engine as the calculator above, at 2026 rates. The Montreal column includes the municipal tax.
| Price | Outside Montreal | Montreal | First-time buyer |
|---|---|---|---|
| $300,000 | $2,686 | $2,686 | $0saves $2,686 |
| $500,000 | $5,611 | $5,611 | $458saves $5,153 |
| $750,000 | $9,361 | $10,349 | $3,486saves $5,875 |
| $1,000,000 | $13,111 | $15,349 | $7,236saves $5,875 |
| $1,500,000 | $20,611 | $27,326 | $20,611 |
| $2,000,000 | $28,111 | $39,826 | $28,111 |
First-time buyer column uses the standard brackets and the 2026 provincial credit; the credit is unavailable above a $1 million tax basis.
2026 rates and brackets
Quebec
| First $62,900 | 0.5% |
| $62,900 to $315,000 | 1% |
| Over $315,000 | 1.5% |
Montreal
| First $62,900 | 0.5% |
| $62,900 to $315,000 | 1% |
| $315,000 to $552,300 | 1.5% |
| $552,300 to $1,104,700 | 2% |
| $1,104,700 to $2,136,500 | 2.5% |
| $2,136,500 to $3,113,000 | 3.5% |
| Over $3,113,000 | 4% |
How Quebec's welcome tax (transfer duties) works
Every municipality charges transfer duties on the greater of the purchase price and the municipal assessment adjusted by a comparative factor. The first two brackets are fixed provincially and indexed each year; municipalities may set higher rates on the portion above $500,000, up to 3%, and Montreal goes further with its own published schedule up to 4% above $3.1 million. Unlike every other province, the tax is not paid at the notary: the municipality mails an invoice a few months after closing, so it belongs in your post-closing budget.
First-time buyers in Quebec
From January 1, 2026, Quebec's refundable tax credit for access to home ownership reimburses 100% of the first $5,000 of welcome tax and 25% of the rest up to a further $875, for a maximum of $5,875. The tax basis of the home must be $1 million or less, neither you nor your spouse can have owned a principal residence in the previous four years, and you must intend to live there. You claim it on your Quebec income tax return, or apply to Revenu Québec for an advance payment by December 1 of the year of purchase. Montreal's own first-time buyer program can stack on top for eligible buyers.
Buying a rental property in Quebec
The first-time buyer relief requires you to live in the home, so it does not apply to a pure rental purchase. For an investment property the welcome tax (transfer duties) is not deductible against rental income. It is added to your adjusted cost base, recovered partly through capital cost allowance on the building and fully through a smaller capital gain when you sell, as explained in our capital gains on a rental property guide. Add it to the purchase price in our rental property calculator so your cash-on-cash return reflects the real cash you put in.
Frequently asked questions
How much is the welcome tax on a $500,000 home in Quebec?+
$5,610.50 at the standard brackets, or $5,610.50 in Montreal too, since Montreal's higher tiers only start above $552,300. A qualifying first-time buyer recovers $5,000 plus 25% of the remaining $610.50, about $5,153, through the new provincial credit.
When do I pay the Quebec welcome tax?+
Not at closing. The city sends an invoice, usually within three to six months after the deed is registered, payable within 30 days. Budget for it separately from your notary's statement of adjustments.
Why is Montreal's welcome tax higher?+
Montreal is allowed to set its own brackets above the provincial minimums and has done so: 2% from $552,300 to $1.1 million, 2.5% to $2.1 million, 3.5% to $3.1 million and 4% above. A $1.5 million Montreal home pays about $27,300 versus about $20,600 in a municipality using the standard brackets.
Is the welcome tax based on price or assessment?+
On the highest of the price, the consideration stated in the deed, and the municipal assessment multiplied by the comparative factor. In a rising market the price is usually higher; when assessments lag or the sale is below market, the adjusted assessment can be the basis.
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