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Quebec Land Transfer Tax Calculator

When you a buy a house or condo in Quebec you are subject to land transfer tax on closing. Use Ratehub.ca’s calculator to determine your land transfer tax or view Quebec’s current rates below.

Ratehub.ca's land transfer tax calculator

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Determining your land transfer tax

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Land transfer tax

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Jamie David

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 are additional tax brackets from $258,600 to $517,100 with a tax rate of 1.5%, and from $500,001 to $999,999 with a tax rate of 2.0%, and finally for amounts over $1,034,200 a tax rate of 2.5%. Quebec's LTT rates are as follows:

Purchase price of home Land title transfer fee First-time home buyer rebate
First $51,700 0.5% No rebate avaliable
On 50,001 to $258,600 1.0%
Over $258,600 1.5%
Montreal only  
On $258,600 to $517,100 1.5%
On $500,001 to $1,034,200 2.0%
Over $1,034,200 2.5%

 

The land transfer tax in Quebec is indexed to the consumer price index in Quebec. That means it gets higher each year.



Quebec land transfer tax example calculation1

For example, on a home worth $1,200,000 outside of Montreal:

  • $51,700 first marginal tax bracket
    × 0.50% tax rate 
    = $258 land transfer tax

  • ( $258,600 upper marginal tax bracket - $51,700 lower marginal tax bracket )
    × 1.00%
    marginal tax rate
    = $2,069 land transfer tax

  • ( $1,200,000 property value - $258,600 lower marginal tax bracket )
    × 1.50%
    marginal tax rate
    = $14,121 land transfer tax

  • $258 + $2,069 + $14,121
    = $16,448 total Quebec land transfer tax


Montreal land transfer tax example calculation

Let's run the same calculation for a home worth $1,200,000 inside Montreal.

  • $51,700 first marginal tax bracket
    × 0.50% tax rate 
    = $258 land transfer tax

  • ( $258,600 upper marginal tax bracket - $51,700 lower marginal tax bracket )
    × 1.00%
    marginal tax rate
    = $2,069 land transfer tax

  • ( $517,100 mid marginal tax bracket - $258,600 lower marginal tax bracket )
    × 1.50%
    marginal tax rate
    = $3,878 land transfer tax

  • ( $1,034,200 upper marginal tax bracket - $517,100 mid marginal tax bracket )
    × 2.00%
    marginal tax rate
    = $10,342 land transfer tax

  • ( $1,200,000 property value - $1,034,200 higher marginal tax bracket )
    × 2.50%
    marginal tax rate
    = $4,145 land transfer tax

  • $2,328 Base Quebec LTT
    + $3,878 
    MTL land tranfer tax
    + $10,342
    MTL land tranfer tax
    + $4,145
    MTL land tranfer tax
    = $20,692
     total Montreal land transfer tax

 

References and notes

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

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