Quebec Welcome Tax Calculator 2026
Quebec’s transfer duties (the “welcome tax”), Montreal’s higher bands, and the new refundable credit for first-time buyers.
2026 rates · verified Oct 27, 2026
Land transfer tax
$5,610.50
Paid in cash at closing
| Transfer duties (welcome tax) | $5,610.50 |
|---|
Cash needed at closing
| Down payment | $100,000.00 |
|---|---|
| Taxes and fees above | $5,610.50 |
| Tax on mortgage insurance | $0.00 |
| Other closing costs | $0.00 |
| Total | $105,610.50 |
How the tax was worked out
| Part of the price | Rate | Tax |
|---|
No bracketed tax here: see the lines above.
Your inputs
Calculated in your browser. Your numbers never leave your device.
How the welcome tax works
Municipalities collect transfer duties under Quebec’s Act respecting duties on transfers of immovables, in bands indexed every January. For 2026:
| Part of the tax base | Rate |
|---|---|
| Up to $62,900 | 0.5% |
| $62,900 to $315,000 | 1% |
| Over $315,000 | 1.5% |
Montreal’s rates
Montreal’s bands match the province’s up to $552,300, then climb to 4%:
| Part of the tax base | Montreal |
|---|---|
| Up to $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% |
The first-time buyer credit
From 2026, first-time buyers get a refundable tax credit for access to homeownership: all of the first $5,000 of duties back, plus 25% of the next $3,500, up to $5,875. It shrinks by 2.35% of the tax base above $750,000 and is gone at $1,000,000. You still pay the duties when the bill comes; the credit comes back on your return.
| Price | Duties | After credit | Montreal | After credit |
|---|---|---|---|---|
| $300,000 | $2,685.50 | $0.00 | $2,685.50 | $0.00 |
| $500,000 | $5,610.50 | $457.87 | $5,610.50 | $457.87 |
| $700,000 | $8,610.50 | $2,735.50 | $9,349.00 | $3,474.00 |
| $900,000 | $11,610.50 | $9,260.50 | $13,349.00 | $10,999.00 |
| $1,200,000 | $16,110.50 | $16,110.50 | $19,825.50 | $19,825.50 |
Worked example
- A $500,000 home outside Montreal: 0.5% of $62,900 + 1% of $252,100 + 1.5% of $185,000 = $5,610.50. A first-time buyer gets $5,000 + 25% × $610.50 = $5,152.63 back, so the duties cost $457.87.
- In Montreal the same home costs $5,610.50: below $552,300 Montreal’s bands match the province’s.
- A $900,000 home in Montreal: duties $13,349.00; the credit is $5,875 − 2.35% × $150,000 = $2,350.00.
Worked example: a first home in Montreal at $600,000
Montreal’s bands apply to the whole price, one slice at a time:
| 0.5% of $62,900 | $314.50 |
|---|---|
| 1% of $252,100 | $2,521.00 |
| 1.5% of $237,300 | $3,559.50 |
| 2% of $47,700 | $954.00 |
| Transfer duties (the city’s bill) | $7,349.00 |
| Credit: all of the first $5,000 | −$5,000.00 |
| Credit: 25% of the next $2,349.00 | −$587.25 |
| Cost once the credit is back | $1,761.75 |
The two parts happen at different times. The City of Montréal sends the $7,349.00 bill after the sale is registered, and you have 31 days to pay it. The $5,587.25 credit comes back through your Quebec income tax return for the year you buy (or as an advance), so you need the whole $7,349.00 in cash first. At $600,000 the credit isn’t reduced: that only starts above $750,000.
What this calculator assumes
- The tax base is the price you enter. Your municipality uses the greatest of the price, the price in the deed and the assessment × comparative factor.
- Rates are the province-wide bands or Montreal’s; other municipalities may charge up to 3% above $500,000.
- Land register fees and the notary’s fees aren’t included: add them under Other closing costs.
Frequently asked questions
When do I pay the welcome tax?
Not at the notary’s office. The duties are owed from the date of the transfer, and your municipality sends you a bill once the sale is registered in the land register. You have until the 31st day after the bill is sent to pay; after that, interest runs. Some municipalities let you pay in instalments.
Who qualifies for the new homeownership tax credit?
A Quebec resident buying a first home (no home owned and lived in, by you or with your spouse, from the start of the fourth calendar year before the purchase), acquired after December 31, 2025, who intends to live in it within a year. It also applies when the purchase is to give a person with a severe disability a more accessible home. You or your spouse must have paid the duties.
How much is the credit?
All of the first $5,000 of duties plus 25% of the next $3,500, up to $5,875. It’s reduced by 2.35% of the tax base over $750,000, so it’s gone at $1,000,000. It’s refundable: you get it even if you owe no income tax, on your return or as an advance.
Is the tax based on the price or the municipal assessment?
On the greatest of three amounts: the price you paid, the price stated in the deed, and the municipal assessment multiplied by the year’s comparative factor. For most sales the price is highest. This calculator uses the price you enter.
Does my municipality charge more than the province-wide rates?
It can. Any municipality may set a higher rate, up to 3%, on the part of the tax base above $500,000, and Montreal has its own higher bands. This calculator has the province-wide rates and Montreal’s; check your municipality’s rate if it isn’t Montreal and the price is over $500,000.
Rates for tax year 2026, verified · Page updated