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How much tax do you pay when you buy a house in Quebec

When you buy a house or property in Montreal, you are required to pay a property transfer tax also known as welcome tax. The amount of tax you pay is based on the value of the property. The tax rate is:

  • 0.5% for properties worth less than $50,000,
  • 1% for properties worth $50,000 to $250,000,
  • 1.5% for properties  $250,000 -$499.999, 
  •  2% for properties between   500,000-$999,999 
  • 2.5% if the property value is more than 1 Million $.

For example, if you buy a house for $300,000, you will pay a transfer tax of $4,500. The tax is paid to the municipality in which the property is located. 

About The Author

Alp Perez is a Montreal based award winning real estate agent assisting home buyers and sellers in Montreal and surrounding areas. His real estate services include but not limited to: Price analysis based on the comparable listings sold in your area , Market Analysis for sellers and buyers, Recommendations on how to increase the value of your property , Customized Search engine marketing campaigns for each property, Negotiating on behalf of the buyer / seller depending on who he represents in the deal, Connecting buyers and sellers with his well known industry partners such as inspectors, mortgage brokers, notaries, land surveyors, renovators and etc. Whether you are A homeowner looking for the best real estate agent to get top $ for your property and sell your house or condo fast , A buyer looking for MLS agent Feel free to reach out to him at (514) 527-2022 or via his email :

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