Samara Wigdor Real Estate slide 01Samara Wigdor Real Estate slide 02Samara Wigdor Real Estate slide 03Samara Wigdor Real Estate slide 04
Search Properties Off the Market Show My Payment My Homes Value Contact Me

Land transfer tax


When purchasing any property in Montreal, the buyer is required to pay a land transfer tax also known as the “Welcome Tax”. The table below will help you calculate this expense. Please note, that this table is for the city of Montreal. If you are buying in another municipality (ex: Cote St Luc) it is a little bit less.

As always, please don't hesitate to call Samara or send an email if you have any additional questions.

City of Montreal (as of January 1, 2019)

Value of property

Marginal Tax Rate

The first $50,000 ($0 to $50,000)

0.5%

On the next $200,000 ($50,001 to $250,000)

1.0%

On the next $250,000 ($251,000 to $500,000)

1.5%

On the next $500,0000 ($500,001 to $1,000,000)

2.0%

On the amount over $1,000,000

2.5%

 

Cote Saint Luc (as of January 1, 2019)

Value of property

Marginal Tax Rate

The first $50,000 ($0 to $50,000)

0.5%

On the next $200,000 ($50,001 to $250,000)

1.0%

On the next $750,000 ($251,000 to $1,000,000)

1.5%

On the amount over $1,000,000

2.5%

 

Town of Hampstead (as of January 1, 2019)

Value of property

Marginal Tax Rate

The first $50,900 ($0 to $50,900)

0.5%

On the next $203,500 ($50,901 to $254,400)

1.0%

On the amount over $254,401

1.5%