Mortgages · Grand Montréal
Mortgage broker in Laval
What really changes from one Quebec city to the next is not the rate — it is the municipal bill. Here is the land transfer tax in Laval, on the scale in force.
Land transfer tax$6,403.50on $550,000
Scale appliedProvincial3 brackets
Median price[TO CAPTURE]APCIQ source to wire
What changes in Laval
- Provincial scale: 0.5%, 1%, then 1.5% past $307,800, with no extra bracket.
- On a $650,000 home the tax runs about $500 less than in Montreal.
- Crossing the bridge changes the bill, not the mortgage rate: lenders apply the same terms on both sides.
The calculation, bracket by bracket
up to $61,5000.5%$307.50
up to $307,8001.0%$2,463.00
above $307,8001.5%$3,633.00
Payable to the notary
$6,403.50