Montreal Welcome Tax Calculator 2026
The welcome tax a buyer pays in Montreal, at the 2026 rates.
In Montreal, the welcome tax on a $750,000 home is $10,349 in 2026, 1.38% of the price. A first-time buyer pays the same at closing; the tax credit proposed in April 2026 would refund about $5,875 of it later. On the average home in the Island of Montreal, $770,912 in September 2026, it comes to $10,767.
Work out yours
These cities charge more than the provincial 1.5% on the top part of the price.
Land transfer tax
$10,349.00
Effective rate: 1.38% of purchase price
Welcome tax
$10,349
Montreal's 2026 welcome tax: the provincial rates, except 2% from $552,300, 2.5% from $1,104,700, 3.5% from $2,136,500 and 4% above $3,113,000.
Estimates only. Rates and thresholds change; always confirm with your lawyer at closing. Non-resident buyer taxes (NRST, FBT) are not included.
Montreal welcome tax rates, 2026
Montreal welcome tax (2026)
| Part of the price | Rate |
|---|---|
| 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% |
Each rate applies only to the part of the price in its bracket, so the share of the price you pay is always below the top rate.
The welcome tax at common prices
| Home price | Welcome tax | Share of price | Proposed credit |
|---|---|---|---|
| $300,000 | $2,686 | 0.90% | $2,686 |
| $500,000 | $5,611 | 1.12% | $5,153 |
| $750,000 | $10,349 | 1.38% | $5,875 |
| $1,000,000 | $15,349 | 1.53% | None |
| $1,500,000 | $27,326 | 1.82% | None |
| $2,000,000 | $39,826 | 1.99% | None |
| $3,000,000 | $73,461 | 2.45% | None |
The proposed credit is the refundable tax credit announced in April 2026, not yet law: it would be paid with your income tax refund, not taken off the bill.
On a typical home in Island of Montreal
| Market | Price | Tax | Month |
|---|---|---|---|
| Island of Montreal | $770,912 average price | $10,767 | September 2026 |
Prices are from our monthly reports, linked in the table. For the down payment, the other closing costs and the income needed to buy one, see the cost to buy in Island of Montreal.
First-time buyers
There is no rebate at closing. A provincial tax credit announced in April 2026, not yet law, would refund a first-time buyer up to $5,875 of welcome tax on a home acquired from January 1, 2026, reduced above $750,000 and gone at $1 million.
The other help for first-time buyers in Quebec, from the federal savings accounts to provincial loans and rebates, is in our guide to first-time home buyer programs by province.
About the welcome tax in Montreal
The City of Montreal charges the provincial welcome tax rates up to $552,300, then its own: 2% from $552,300, 2.5% from $1,104,700, 3.5% from $2,136,500 and 4% above $3,113,000. The thresholds are indexed each year. They apply in the City of Montreal and its boroughs; the other municipalities on the Island set their own rates.
The city bills it after the deed is registered, usually within a few months of closing, and the invoice is due 30 days later: budget for it separately from the money you bring on closing day. There is no rebate at closing for first-time buyers.
Everywhere else in the province: Quebec Welcome Tax.
Welcome Tax in Montreal: Quick Answers
How much is the welcome tax in Montreal?
Montreal charges 0.5% on the first $62,900, 1% up to $315,000, 1.5% up to $552,300, 2% up to $1,104,700, 2.5% up to $2,136,500, 3.5% up to $3,113,000 and 4% above that. That is $5,611 on a $500,000 home, $10,349 on $750,000 and $15,349 on $1,000,000.
Is there a first-time buyer rebate on the welcome tax in Montreal?
There is no rebate at closing. A provincial tax credit announced in April 2026, not yet law, would refund a first-time buyer up to $5,875 of welcome tax on a home acquired from January 1, 2026, reduced above $750,000 and gone at $1 million. On a $500,000 home the credit would be about $5,153, paid with your tax refund rather than taken off the $5,611 bill.
Does Montreal charge more welcome tax than the rest of Quebec?
Yes, above $552,300. There is one welcome tax, billed by the city, and Montreal sets higher rates than the provincial 1.5% on the top part of the price: on a $1,000,000 home it is $15,349 against $13,111 at the provincial rates.
What is the welcome tax on a typical home in the Island of Montreal?
The average price in the Island of Montreal was $770,912 in September 2026, so the tax on it is $10,767.
Who pays the welcome tax, and when?
The buyer. The city sends the bill after the notary registers the deed, usually within a few months of closing, and it is due 30 days later. It cannot be added to the mortgage, so keep the money aside.
Other provinces and cities
Sources
- Ville de Montréal, How property transfer duties are calculated
- Act respecting duties on transfers of immovables (Quebec)
Rates checked October 2026. They change with budgets and by-laws, and your lawyer or notary confirms the amount at closing. Taxes on non-resident buyers are left out.
Related guides & tools
Once you own the home, the yearly tax is on our Quebec property tax rates page.
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