Welcome tax · Montreal · 2016 vs 2026
The welcome tax computed on the median house in Montreal for every year from 2016 to 2026, with the city's 2026 grid, the first-time buyer credit and the tax's share of the down payment. Centris prices, nothing estimated.
On the median house in Montreal, the welcome tax went from $3,810.50 (price of $380,000 in 2016) to $10,449.00 (price of $755,000 over January to September 2026): $6,638.50 more, +174%, while the price rose 99%. The tax rose faster than the price because the median house crossed the $552,300 threshold where Montreal applies its municipal rates: 3 brackets reached in 2016, 4 in 2026. An eligible first-time buyer recovers $5,757.50 from the Quebec credit and pays $4,691.50 net; the credit is reduced because the price exceeds $750,000. The 2026 tax is 21% of the minimum down payment ($50,500): one of the lightest among the 50 cities tracked (median 22%). Source: Centris (Matrix) for prices, Montreal's 2026 grid, compiled October 13, 2026.
The short answer
On the median house in Montreal, the welcome tax went from $3,810.50 (price of $380,000 in 2016) to $10,449.00 (price of $755,000 over January to September 2026): $6,638.50 more, +174%, while the price rose 99%. The tax rose faster than the price because the median house crossed the $552,300 threshold where Montreal applies its municipal rates: 3 brackets reached in 2016, 4 in 2026. An eligible first-time buyer recovers $5,757.50 from the Quebec credit and pays $4,691.50 net; the credit is reduced because the price exceeds $750,000. The 2026 tax is 21% of the minimum down payment ($50,500): one of the lightest among the 50 cities tracked (median 22%).
The welcome tax on the median house in Montreal, 2016 to 2026
| Year | Median house | Welcome tax (2026 grid) | Effective rate | First-time buyer credit | Net tax, first-time buyer |
|---|---|---|---|---|---|
| 2016 | $380,000 | $3,810.50 | 1.00% | $3,810.50 | $0.00 |
| 2017 | $405,004 | $4,185.56 | 1.03% | $4,185.56 | $0.00 |
| 2018 | $434,700 | $4,631.00 | 1.07% | $4,631.00 | $0.00 |
| 2019 | $465,000 | $5,085.50 | 1.09% | $5,021.38 | $64.12 |
| 2020 | $536,500 | $6,158.00 | 1.15% | $5,289.50 | $868.50 |
| 2021 | $633,500 | $8,019.00 | 1.27% | $5,754.75 | $2,264.25 |
| 2022 | $652,000 | $8,389.00 | 1.29% | $5,847.25 | $2,541.75 |
| 2023 | $645,000 | $8,249.00 | 1.28% | $5,812.25 | $2,436.75 |
| 2024 | $675,000 | $8,849.00 | 1.31% | $5,875.00 | $2,974.00 |
| 2025 | $721,750 | $9,784.00 | 1.36% | $5,875.00 | $3,909.00 |
| 2026 | $755,000 | $10,449.00 | 1.38% | $5,757.50 | $4,691.50 |
Median price of single-family houses sold on Centris (Matrix) by year (2026: January to September 2026); tax computed with Montreal's 2026 grid; first-time buyer credit under Quebec's 2026 rules.
Montreal's 2026 grid
| Tax base bracket (2026) | Rate in Montreal |
|---|---|
| $0 to $62,900 | 0.5% |
| $62,900 to $315,000 | 1% |
| $315,000 to $552,300 | 1.5% |
| $552,300 to $1,104,700 | 2% |
| $1,104,700 to $2,136,500 | 2.5% |
| $2,136,500 to $3,113,000 | 3.5% |
| Over $3,113,000 | 4% |
Source: welcome tax in Montreal page, grid verified at the source. Thresholds are indexed every January 1.
What the comparison says in Montreal
- The effective rate (tax ÷ price) went from 1.00% to 1.38% in Montreal: the grid is progressive, and a house that doubles in price pays more than double the tax; here, +174% of tax for +99% of price.
- The municipal surcharge: with the provincial grid alone (0.5%, 1%, 1.5%), the 2026 tax would be $9,435.50; Montreal collects $1,013.50 more through its rate above $552,300.
- On the median condo in Montreal ($476,100), the 2026 tax is $5,252.00, $189.00 net for a first-time buyer.
- Cash to bring on signing day in Montreal in 2026: $50,500 of minimum down payment (5% + 10%) plus $10,449 of welcome tax (billed a few weeks later), $60,949 in all, or $55,192 after the first-time buyer credit. In 2016, the credit covered the tax in 46 of the 50 cities; in 2026, in 11.
- Across the 50 cities tracked, the tax on the median house went from $2,296 to $8,416 in median (+238%, price +124%); it more than doubled in 48 cities, exceeds $10,000 in 16 and $5,000 in 39 (against 4 in 2016).
What it changes for buying in Montreal
In Montreal, the welcome tax rose +174% in ten years, less than in most of the 50 cities tracked (median +238%), because the median house did not cross a new bracket or because the price rose less. It is still $10,449 to bring on top of the down payment, which the lender does not finance; for a first-time buyer, the credit brings the bill down to $4,692. The exact grid, exemptions and the calculation at other prices are in welcome tax in Montreal; the down payment is detailed in down payment to buy in Montreal.
How to read these figures
The effective rate is the tax divided by the price: it rises with the price because the grid is progressive, at a constant grid. The municipal surcharge is the difference between Montreal's tax and the basic provincial grid (0.5%, 1%, 1.5%). Amounts are rounded to the cent; the 2026 median price covers January to September 2026. The actual amount depends on the price paid, the roll value and the year: a broker or the notary confirms it before signing.
Frequently asked questions
How much is the welcome tax on a median house in Montreal in 2026?
$10,449.00 on the median house ($755,000, January to September 2026), with Montreal's 2026 grid. An eligible first-time buyer recovers $5,757.50 and pays $4,691.50 net.
How much has the tax risen since 2016 in Montreal?
In 2016, the median house in Montreal cost $380,000 and the tax, at a constant 2026 grid, was $3,810.50; in 2026, $10,449.00. That is +174% for a price up 99%: the progressive grid pushes the tax up faster than the price, and the median house crossed the $552,300 municipal threshold.
Does the first-time buyer credit cover the whole tax in Montreal?
Partly: the credit covers $5,757.50 of $10,449.00, leaving $4,691.50. Across the 50 cities tracked, the credit covers the whole tax on the median house in 11 cities, is reduced in 8 (price between $750,000 and $1,000,000) and nil in 3.
Sources: Centris (Matrix), Statistics module, September 16, 2026 query for the municipality of Montreal, median sale price of single-family houses by year; Montreal's 2026 transfer duties grid (municipal by-law, read at the source); Revenu Québec for the first-time buyer credit; compiled by the Loaa & Manseur team, aggregates only. The welcome tax on the median house in 50 cities hub compares the 50 cities.
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Published September 7, 2026 by the Loaa & Manseur team, the number 1 team at RE/MAX Platine in 2024 and 2025, 6th RE/MAX team in Quebec, 15th in Canada and in the global top 50 according to the official RE/MAX ranking. Tell us about your project.