How Much Home Can You Afford in Montréal?

Montréal remains one of the most affordable major cities in Canada. Remember the 'welcome tax' arrives a few months after closing.

Average price is a 2026 estimate for illustration · Last updated: May 2026

Your Finances
Enter your household income and down payment

Estimated Montréal property tax: $359/mo on the average home. Stress-tested at 6.49%.

What You Can Afford
In Montréal, QC

Maximum purchase price

$747,166
Maximum mortgage$647,166
Montréal average home$560,000
Payment on average home$2,554/mo
Land transfer tax (avg home)$6,633

Buying in Montréal: What to Know

1

Welcome tax (droit de mutation) billed after closing.

2

Affordable relative to Toronto and Vancouver.

3

Montreal adds higher upper tax brackets.

Average Home Price
$560,000

2026 estimate

Property Tax Rate
0.77%

≈ $4,312/yr

Land Transfer Tax
$6,633

On the average home

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