RETrackerMontreal Welcome Tax Calculator
In Montreal, the land transfer tax (the “welcome tax”) on a $700,000 purchase is about $9,349 in 2026. Montréal is the only municipality allowed to charge above 3%; its top brackets reach 3.5% and 4% on multi-million-dollar properties. Enter your price below for the full bracket breakdown.
Welcome tax › Montreal
| Bracket | Rate | Tax |
|---|
Estimate only. Confirm the final amount with your notary.
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How much is the welcome tax in Montreal?
On a $700,000 property in Montreal, the welcome tax is about $9,349. Here is the 2026 scale, applied bracket by bracket:
| Portion of the taxable base | Rate |
|---|---|
| $0 – $62,900 | 0.5% |
| $62,900 – $315,000 | 1% |
| $315,000 – $552,300 | 1.5% |
| $552,300 – $1,104,700 | 2% |
| $1,104,700 – $2,136,500 | 2.5% |
| $2,136,500 – $3,113,000 | 3.5% |
| $3,113,000 – + | 4% |
Worked example: a $700,000 home in Montreal
- 0.5% on the first $62,900 = $314.50
- 1% on the portion from $62,900 to $315,000 = $2,521.00
- 1.5% on the portion from $315,000 to $552,300 = $3,559.50
- 2% on the portion from $552,300 to $1,104,700 = $2,954.00
- Total welcome tax = $9,349.00
How is the welcome tax calculated in Montreal?
It applies to the taxable base — the greatest of the price paid, the price in the deed, or the municipal assessment times the comparative factor. Montréal is the only municipality allowed to charge above 3%; its top brackets reach 3.5% and 4% on multi-million-dollar properties. The calculation is progressive: each bracket is taxed at its own rate.
Montreal vs the rest of Québec
Québec sets a mandatory base scale (0.5% / 1% / 1.5%). Montréal is the only municipality allowed to charge above 3%; its top brackets reach 3.5% and 4% on multi-million-dollar properties. Any municipality not on the list simply uses the base scale.
Common exemptions
- Transfers between spouses (married or qualifying common-law).
- Transfers in a direct line (parent-child, grandparent-grandchild).
- Certain transfers where the taxable base is under $5,000.
Frequently asked questions
What is the welcome tax rate in Montreal?
Montreal uses Québec's base scale (0.5% up to $62,900, 1% to $315,000, 1.5% above). Montréal is the only municipality allowed to charge above 3%; its top brackets reach 3.5% and 4% on multi-million-dollar properties.
Is the Montreal welcome tax based on the price or the assessment?
On whichever is highest: the purchase price, the amount in the deed, or the municipal assessment times the year's comparative factor.
When will I get the Montreal welcome tax bill?
The City of Montreal sends it separately, usually a few weeks to a few months after closing. It is not collected by the notary at signing.
Do first-time buyers get a discount?
There is no province-wide first-time-buyer exemption, though some municipalities run their own home-ownership assistance programs.