Province
Buy vs rent in Quebec
Quebec’s transfer duties (the “welcome tax”) are tiered, indexed every year and higher in some municipalities such as Montréal.
Closing costs in Quebec
| Home price | Transfer tax / registration | Total closing costs |
|---|---|---|
| $400,000 | $4,154 | $8,054 |
| $600,000 | $7,154 | $11,054 |
| $900,000 | $11,654 | $15,554 |
Renting in Quebec
Rent regulation differs by province; check your provincial tenancy board for the current rules before you rely on a rent growth assumption.
Cities in Quebec
Questions people ask
Does Quebec have a land transfer tax?
Quebec’s transfer duties (the “welcome tax”) are tiered, indexed every year and higher in some municipalities such as Montréal.
Is it better to buy or rent in Quebec?
It depends on your city, how long you stay and your assumptions. Using Montréal planning inputs, buying does not overtake renting within 40 years. Open a city page or the calculator to test your own numbers.
Educational illustration; not advice. Confirm taxes and exemptions with your lawyer or notary.