Buying
Land transfer tax
Quebec's welcome tax, on your municipality's 2026 schedule — Montréal included.
Optional. The duty applies to the higher of the two: the roll value times the comparative factor can exceed the price paid.
Unlocks Quebec's refundable tax credit. You qualify if neither you nor your spouse owned a home you lived in during the four preceding calendar years.
Land transfer tax in Montréal
$4,861
Billed by the municipality three to six months after closing — never at the notary.
- Effective rate
- 1.08 %
See how it was calculated
- Taxable base used
- $450,000
- $0 → $62,900 · 0.5 %
- $315
- $62,900 → $315,000 · 1.0 %
- $2,521
- $315,000 → $552,300 · 1.5 %
- $2,025
- Land transfer tax
- $4,861
By band
The base bands are indexed each year to Quebec's consumer price index. A municipality may set a higher rate on any band above $500,000, capped at 3% — Montréal is exempt from that cap and goes up to 4%.
No municipality refunds transfer duties. The refund comes through income tax: since the 2026 tax year, Quebec grants a refundable tax credit for home ownership access. Montréal also runs a separate purchase assistance program, paid under conditions.
These results are provided for illustration only. They apply the Canadian mortgage rules and the Quebec schedule in force, but they are not an offer of financing nor investment advice: the actual rate, amortization and terms depend on your file and on the lender chosen, and are subject to change. For a firm answer, talk to a broker.
Does that number work for you? A broker will confirm it with a real lender. In most files our compensation comes from the lender — if it were ever otherwise, your broker tells you before anything moves.
Schedule 2026 — Gouvernement du Québec (checked on 2026-08-25) · Ville de Montréal (checked on 2026-08-25) · Ville de Québec (checked on 2026-08-25) · Règlements municipaux (checked on 2026-08-25) · Revenu Québec (checked on 2026-08-30).
What the number does not tell you
Transfer duties are computed on the highest of three figures: the price paid, the amount stated in the deed, and the assessment roll value times the municipality's comparative factor. In a market where the roll sometimes exceeds the sale price, computing on the price alone understates the bill — and the municipality does not make that mistake.
The first two bands are provincial and reindexed each 1 January to the consumer price index. Above $500,000, each municipality may raise its rate up to 3% — Montréal is exempt from that cap and reaches 4%. Municipalities give first-time buyers no rebate, but since the 2026 tax year Quebec grants a refundable tax credit that returns part of these duties: tick the box to see it. The bill itself arrives three to six months after closing.