Transfer duties
The “welcome tax”: how much you will owe the municipality when you buy, bracket by bracket.
Estimated transfer duties (2026)
$8,349.00
That is 1.28% of the price.
| Bracket | Rate | Amount |
|---|---|---|
| $0 to $62,900 | 0.5% | $314.50 |
| $62,900 to $315,000 | 1.0% | $2,521.00 |
| $315,000 to $552,300 | 1.5% | $3,559.50 |
| $552,300 to $650,000 | 2.0% | $1,954.00 |
Estimate for information only. 2026 schedule: Montréal according to the City of Montréal's official table; other cities at the base rate. Brackets are indexed every year and some municipalities add their own: your notary confirms the exact amount. Refunds for first-time buyers may apply depending on the city.
What is it, exactly?
Transfer duties are a tax paid to the municipality by the buyer of a property. They are calculated in brackets on the taxable base and are due a few months after the purchase: you receive a separate tax bill.
Remember to include it in your budget, on top of the down payment, the notary and the inspection. For the financing part, see the mortgage calculator.