Quebec's land transfer tax is the droit de mutation — nicknamed the "welcome tax" (taxe de bienvenue). Your municipality bills it after closing, based on the greatest of price or adjusted assessment. Montreal charges more than the provincial default. Estimate yours below.
The provincial default is 0.5% up to $62,900, 1% to $315,000, then 1.5% above. Montreal adds higher tiers up to 4% — about $9,349 on a $700,000 home. It's based on the greatest of purchase price, deed price, or municipal assessment times a comparative factor. This is an estimate — verify with your notary.
| Portion of value | Provincial | Montreal |
|---|---|---|
| Up to $62,900 | 0.5% | 0.5% |
| $62,900 to $315,000 | 1.0% | 1.0% |
| $315,000 to $552,300 | 1.5% | 1.5% |
| $552,300 to $1,104,700 | 1.5% | 2.0% |
| $1,104,700 to $2,136,500 | 1.5% | 2.5% |
| $2,136,500 to $3,113,000 | 1.5% | 3.5% |
| Over $3,113,000 | 1.5% | 4.0% |
Marginal rates. The first two thresholds ($62,900 and $315,000) are indexed each January. Standard municipalities may set their own higher rate (max 3%) above $500,000; Montreal's upper thresholds are fixed as shown.
The droit de mutation (taxe de bienvenue) is Quebec's land transfer tax, billed by the municipality after you buy. It's based on the greatest of the purchase price, the deed price, or the municipal assessment adjusted by a comparative factor. The buyer pays it.
For 2026: 0.5% up to $62,900, 1% to $315,000, 1.5% to $552,300, 2% to $1,104,700, 2.5% to $2,136,500, 3.5% to $3,113,000, and 4% above. On a $700,000 home that's about $9,349.
No. The provincial default tops out at 1.5%, but municipalities can charge up to 3% above $500,000, and Montreal has authority to go to 4%. Check your specific municipality.
The municipality sends a bill after the sale is registered, usually a few months after closing. Budget for it as a cash cost that can't be added to your mortgage.
No. It's an estimate using the 2026 indexed brackets. The tax uses the greatest of price or adjusted assessment, and non-Montreal municipalities set their own upper rates. Confirm with your notary.