Montreal mortgage calculator
See the true monthly cost of any Montreal home — paste a listing URL and get your full breakdown including the Quebec Welcome Tax instantly.
See the real cost of any Montreal home.
Paste any Realtor.ca, Zolo, or MLS listing URL.
Analyze a Montreal listing nowMontreal housing market at a glance (2025)
Montreal remains one of the most affordable major cities in Canada relative to income levels, making it increasingly attractive to buyers from Toronto and Vancouver.
The Quebec Welcome Tax — what Montreal buyers pay at closing
Quebec charges a land transfer tax called the Taxe de bienvenue (Welcome Tax). The rates are:
- 0.5% on the first $53,200
- 1.0% on $53,201 to $266,200
- 1.5% on $266,201 to $532,400
- 2.0% on $532,401 to $1,064,800
- 2.5% on amounts above $1,064,800
Welcome Tax on a $565,000 Montreal home
- 0.5% on first $53,200 = $266
- 1.0% on $53,201 to $266,200 = $2,130
- 1.5% on $266,201 to $532,400 = $3,993
- 2.0% on $532,401 to $565,000 = $652
- Total Welcome Tax: approximately $7,041
Important: Unlike Ontario and BC, Quebec does not offer a first-time buyer rebate on the Welcome Tax. Every buyer pays the full amount regardless of whether it is their first purchase.
Montreal stress test — what income do you need?
To qualify for a mortgage on an average Montreal home at $565,000 with 10% down ($56,500):
- Mortgage required: $508,500 plus CMHC premium
- Stress test qualifying rate: 7.5%
- Required household income: approximately $110,000
- Monthly payment at actual rate (5.5%): $3,045
Montreal — a unique bilingual market
Montreal operates under Quebec's distinct civil law system rather than common law used in other provinces. Real estate transactions in Quebec use notaries rather than real estate lawyers — notary fees are typically $1,200 to $1,800 for a standard purchase. All mortgage documents and legal proceedings are available in both French and English.
Calculate your Montreal mortgage instantly
Paste any Centris.ca or Realtor.ca Montreal listing URL into Smart Mortgage Calculator and get your full monthly payment, Quebec Welcome Tax, CMHC insurance if applicable, and stress test result instantly.
Montreal mortgage affordability by neighbourhood
| Area | Avg price | Min down payment | Est. monthly payment |
|---|---|---|---|
| Plateau-Mont-Royal | $750,000 | $50,000 | $4,155 |
| Westmount | $1,200,000 | $95,000 | $6,650 |
| Rosemont | $620,000 | $37,000 | $3,434 |
| Laval | $480,000 | $24,000 | $2,659 |
| Longueuil | $430,000 | $21,500 | $2,382 |
| Verdun | $550,000 | $30,000 | $3,046 |
Note: Payments estimated at 5.5% rate, 25-year amortization, 20% down where applicable.
Montreal mortgage guides
- How much mortgage can I afford in Canada?
- Minimum down payment in Canada: 2025 rules
- First-time home buyer incentives in Canada
Calculate your Montreal mortgage instantly
Full payment breakdown, land transfer tax, CMHC insurance, and stress test in seconds.
Analyze a Montreal listing nowMarket data and tax figures are estimates as of 2025. Always confirm current rates and rules with a licensed mortgage broker before making real estate decisions.