The Land Transfer Tax in Quebec in 2024

Everything You Need to Know About the Land Transfer Tax

Established in 1976, Quebec’s Act Respecting Duties on Transfers of Immovables allows municipalities to collect a tax on every property transfer in their territory. It’s commonly known as the Welcome Tax.

Who Pays?

The new buyer pays the transfer tax in a single payment within 30 days of the municipal invoice.

2024 Brackets — General Rate

• 0.5% on the first $58,900
• 1% from $58,901 to $294,600
• 1.5% above $294,600

City of Montreal

• 0.5% on the first $58,900
• 1.0% from $58,900 to $294,600
• 1.5% from $294,600 to $552,300
• 2% from $552,300 to $1,104,700
• 2.5% from $1,104,700 to $2,136,500
• 3.5% from $2,136,500 to $3,113,000
• 4% above $3,113,000

City of Repentigny

• 0.5% on the first $58,900
• 1% from $58,901 to $294,600
• 1.5% from $294,601 to $500,000
• 3% above $500,000

Example — $550,000 home (Repentigny)

$0–$58,900 at 0.5% = $294.50 | $58,901–$294,600 at 1% = $2,357 | $294,601–$500,000 at 1.5% = $3,081 | $500,001–$550,000 at 3% = $1,500 = Total: $7,232.50

Exemptions

• Direct-line transfers (parents, grandparents, children, grandchildren)
• Transfers between spouses (married, civil union, or common-law partners living together for more than 12 months)
• Transfers between a person and their company (ownership > 90%)
• Property value below $5,000

Your notary will calculate the exact amount at the time of signing.