Quebec Land Transfer Tax

Location Please ensure your location is correct in order to find the best rates available in your area.

When you a buy a house, condo or land in Quebec you are subject to land transfer tax which is due upon closing. Use RateHub’s calculator to determine your applicable land transfer tax or view Quebec's 2013 rates below and follow along with our sample calculation.

Quebec land transfer tax calculator

Asking Price

Go
 STEP 1
Enter the price of the home you're interested in and press GO.
Land Transfer Tax: $-
 
STEP 4
If necessary, update your profile to calculate land transfer tax.
Profile
Provincial: Provincial Land transfer tax (LTT), typically calculated as a percentage of the purchase price of a home, is required when purchasing a home in Canada. All provinces have a LTT, and the amount varies in each province. plus
 
Municipal: Municipal Some municipalities, like Toronto, levy an additional LTT, which is similarly calculated as a percentage of the purchase price of a home. plus
 
Rebate: Rebate If you are a first-time home buyer in British Columbia or Ontario, you will be eligible for LTT rebates, equal to the value of the LTT up to a maximum amount set by the province. minus
 

Select rate

Provider Rate Select
Loading...Loading...
Custom rate Select

Save money with a low mortgage rate

Get the lowest mortgage rate possible and save on your monthly payments. Get this rate today.

Best fixed rates 1.89% Compare Rates Now

Land transfer tax rates in Quebec – Updated in 2013

Quebec's Land Transfer Tax(LTT) is a percentage of your home's purchase price, and has a marginal tax rate ranging from 0.5% to 1.5%. Each portion of your home's value is taxed at its own unique marginal tax rate. In Montreal, there is an additional tax bracket from $250,000 to $500,000 with a tax rate of 1.5%. Quebec's LTT rates are as follows:

Purchase price of home Land title transfer fee First-time home buyer rebate
First $50,000 0.5% No rebate avaliable
Over $250,000 1.5%
On the mortgage $50 base +$1 for every $5000 or part thereof of the mortgage amount.
Montreal only
On $250,000 to $500,000 1.5%
Over $500,000 2.0%

Quebec land transfer tax example calculation1

For example, on a home worth $600,000 outside of Montreal:

Quebec land transfer tax sample calculation
$50,000 first marginal tax bracket 0.50% tax rate =
$250 land transfer tax
( $250,000 upper marginal tax bracket $50,000 lower marginal tax bracket) 1.00% marginal tax rate =
$91 land transfer tax
( $600,000 property value $250,000 lower marginal tax bracket) 1.50% marginal tax rate =
$5,250 land transfer tax
$150 land transfer tax $2,000 land transfer tax $5,250 land transfer tax =
$7,400 total land transfer tax

But for a home worth $600,000 inside Montreal:

Quebec land transfer tax sample calculation
( $500,000 upper marginal tax bracket $250,000 lower marginal tax bracket) 1.50% marginal tax rate =
$3,750 land transfer tax
( $600,000 property value $500,000 lower marginal tax bracket) 2.00% marginal tax rate =
$2,000 land transfer tax
$150 land transfer tax $2,000 land transfer tax $3,750 land transfer tax $2,000 land transfer tax =
$7,900 total land transfer tax

References and Notes

  1. Source:, The Government of Quebec, 'Transfer Tax'