This article is based on data from official government and regulatory sources. How we ensure accuracy
First-Time Buyers: Programs, down payment strategies, and the buying process in our First-Time Home Buyer Guide.
Quebec welcome tax (droits de mutation) is calculated at 0.5% to 2.5% of the purchase price. A $550,000 home costs approximately $8,500 in welcome tax.
Quebec Welcome Tax Rates
Purchase Price Portion
Tax Rate
First $55,200
0.5%
$55,201 - $276,200
1.0%
$276,201 - $500,000
1.5%
Over $500,000
2.0%*
*Some municipalities charge 2.5% above $500,000 or higher thresholds.
Welcome Tax by Home Price
Home Price
Welcome Tax (Standard)
$300,000
$4,141
$400,000
$5,641
$500,000
$7,141
$550,000
$8,141
$600,000
$9,141
$700,000
$11,141
$800,000
$13,141
$1,000,000
$17,141
Montreal Rates
Montreal has higher brackets:
Purchase Price Portion
Montreal Rate
First $55,200
0.5%
$55,201 - $276,200
1.0%
$276,201 - $517,100
1.5%
$517,100 - $1,034,200
2.0%
$1,034,201 - $2,068,400
2.5%
Over $2,068,400
3.0%
Montreal Welcome Tax by Home Price
Home Price
Montreal Welcome Tax
$400,000
$5,641
$500,000
$7,141
$600,000
$9,641
$800,000
$13,641
$1,000,000
$17,641
$1,500,000
$30,141
Calculation Example
$600,000 home in Montreal:
Bracket
Calculation
Tax
$0-$55,200
$55,200 × 0.5%
$276
$55,201-$276,200
$221,000 × 1.0%
$2,210
$276,201-$517,100
$240,900 × 1.5%
$3,614
$517,101-$600,000
$82,900 × 2.0%
$1,658
Total
$7,758
No First-Time Buyer Exemption
Unlike Ontario and BC, Quebec offers no exemption for first-time buyers:
Province
First-Time Exemption
Ontario
Up to $4,000
BC
Up to $8,000
Quebec
$0
Exemptions That Do Exist
Exemption
Situation
Transfer to spouse
No tax on divorce/separation
Registered partnership
Family transfers
Parent to child
Under certain conditions
Farm succession
Agricultural transfers
Inheritance
Estate transfers
When Is Welcome Tax Due?
Timeline
Details
Bill arrives
60-90 days after purchase
Payment due
Within 30 days of bill
Late payment
Interest and penalties apply
Payment to
Municipality (not Revenu Québec)
Unlike Ontario, welcome tax is billed after closing, not paid at closing.
WealthVieu researches and writes data-driven personal finance guides using primary sources including the IRS, Bureau of Labor Statistics, Federal Reserve, and Census Bureau.
The content on Wealthvieu is for informational purposes only and should not be considered financial, tax, or investment advice. Consult a qualified professional before making financial decisions. Full disclaimer · Editorial policy
