How much it coast in Welcome Tax when you buy a house? - Multi-Prêts MR Mathieu Lebrun's Team

Share Now

Here are the calculations to follow:

0,5 % for the first valuable slice not exceeding 50 000 $
1 % for the valuable slice superior to 50 000 $, without exceeding 250 000 $
1,5 % for the valuable slice superior to 250 000 $, without exceeding 500 000 $
2 % for the valuable slice superior to 500 000 $, without exceeding 1 000 000 $
2,5 % for the slice superior to 1 000 000 $

To give you a concrete example:

Purchase 2 000 000.00$ (it only a example), municipal Value $750 000.

Decently always to take the value the most raised between the purchase price and the municipal value, the example below will be made on 2 000 000.00$

0,5 % for the first valuable slice not exceeding 50 000 $ = $250
1 % for the valuable slice superior to 50 000 $, without exceeding 250 000 $ $2000
1,5 % for the valuable slice superior to 250 000 $, without exceeding 500 000 $ $3750
2 % for the valuable slice superior to 500 000 $, without exceeding 1 000 000 $ = $10000
2,5 % for the slice superior to 1 000 000 $ = $25000

For a big 41 000.00$ total.

If you have any question, please feel free to call us!

household debt ratio

What is the household debt ratio?

Financial institutions consider many indicators about t...

admin

August 9, 2022

Break the mortgage before term profitable des

Mortgage interest rates have declined significantly in ...

admin

March 31, 2020

Leave a Comment

You must be logged in to post a comment.

Mathieu Lebrun’s Team

3 simple steps to receive the best offer from your mortgage broker

or

Financial institution partners

They trust us

idatC9t-JN_1711975725599 1

Group 1

logo_merix

Equitable Bank 1

Group

g3252

Banque_nationale_du_Canada_Logo 1

FN_3colour_LP_Horizontal

Complaints Processing

Our Offices

West of Montreal

2892 Saint-Charles Boulevard

Kirkland, Quebec H9H 3B6

T : 438 799-5776

Lasalle

7655 Newman Boulevard, Suite 306

Lasalle, Quebec H8N 1X7

T : 514 666-7738

Vaudreuil-Soulanges

180 Saint-Charles Avenue

Vaudreuil-Dorion (Quebec) J7V 2L1

T : 1 866 919-8767