Calculate the welcome tax for your real estate purchase to get an idea of the costs associated with the sale!
To calculate the welcome tax amount, you must use the higher value between the municipal assessment and the purchase price. The calculation is as follows for the province of Quebec (outside of Montreal):
| Bracket | Tax Rate |
|---|
* Results are for informational purposes only. The actual amount may differ.
Welcome tax calculation for a property in Montreal
$0.00
Montreal
$0.00
A municipality may determine a rate higher than 1.5% for any portion exceeding $500,000. When buying a property for more than $500,000, check with the municipality to see if they have adopted such a by-law. The rate cannot exceed 3%, except for Montreal.
