Québec

In Québec, the property transfer tax is known as the taxe de bienvenue.

It’s calculated using a tiered system. 

For example, the first bracket is 0.5% of the property’s value from $0 to $61,500; 1% from $61,500 to $307,800; and 1.5% on the portion above $307,800.

Some municipalities add their own extra brackets on top of these standard ones. For instance, in Montréal, the taxe de Bienvenue works like this: 

0.5% on the first $61,500
1.0% from $61,500 to $307,800
1.5% from $307,800 to $552,300
2.0% 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
4.0% on any amount above $3,113,000

We’ve also included data from more than 70 municipalities across Québec, each with its own unique way of calculating the taxe de Bienvenue.