Cote Saint-Luc Property Tax Calculator 2023
The City of Cote Saint-Luc is located in the Montreal Region and is home to over 34K residents. The population of Cote Saint-Luc increased by 6% from 2016 to 2021. Single-family detached house prices on the Cote-des-Neiges / Cote-Saint-Luc real estate market increased by 13% from the second quarter of 2022 to the second quarter of 2023, and the median price of a single-family detached house in the area is $1.03M. During this same time period, condominium prices in the area also increased by 22% to a median price of $559K. Cote Saint-Luc is one of the most expensive real estate markets in Quebec. Cote Saint-Luc has one of the highest property tax rates in Quebec out of all local municipalities that have a population greater than 20K.
Cote Saint-Luc property tax is based on the assessed value of your home. Properties in Quebec are assessed by their regional county municipality or municipalité régionale de comté (MRC) every three years. Cote Saint-Luc's MRCs deal primarily with land use such as establishing plans for waste management and preparing evaluation rolls. Each MRC conducts assessments and releases the assessment rolls independently. Most properties are assessed using a market value-based approach.
You can calculate your property tax using either your home's assessed value or your home's most recent market price. Just enter the price and type of your property, and we will give you an instant property tax estimate.
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Cote Saint-Luc Property Taxes
Property tax is a tax based on the assessed value of a property. If you own a property or parcel of land, you will have to pay property tax. It is used to pay for city services such as police, the fire department, and public transit as well as elementary and secondary education.
There are two main parts to property taxes in Québec:
- A municipal tax that depends on the borough of the property
- An education tax set by the province that is the same throughout Québec
| Residential Property Tax Rate for Cote Saint-Luc from 2018 to 2023 | |||
|---|---|---|---|
| Year | Municipal Rate | Educational Rate | Final Tax Rate |
| 2023 | 0.960500% | 0.097300% | 1.057800% |
| 2022 | 1.024100% | 0.102400% | 1.126500% |
| 2021 | 0.104480% | 0.105400% | 0.209880% |
| 2020 | 1.092200% | 0.105400% | 1.197600% |
| 2019 | 1.129800% | 0.150350% | 1.280150% |
| 2018 | 1.110900% | 0.178320% | 1.289220% |
Cote Saint-Luc Property Tax Department Information
For any questions or inquiries about your property tax rate or property tax bill, you can reach out to the city of Cote Saint-Luc's property tax department through the following methods:
| Phone number | General (within municipality limits): 311 General (outside municipality limits): 514-485-6800 |
|---|---|
| info@cotesaintluc.org |
Cote Saint-Luc Property Tax Department Information
For any questions or inquiries about your property tax rate or property tax bill, you can reach out to the city of Cote Saint-Luc's property tax department through the following methods:
| Phone number |
|---|
General (within municipality limits): 311 General (outside municipality limits): 514-485-6800 |
| info@cotesaintluc.org |
| Cote Saint-Luc at a Glance | |
|---|---|
| Province | Québec |
| Settled Year | 1903 |
| Established Year | 1903 |
| Incorporated Year | 1958 |
| Population | 34,504 |
| City Area | 6.9 km 2 (2.7 sq mi) |
| Official Website | Cote Saint-Luc Official Website |
Property Taxes in Québec for a $500K Québec Assessed Value Home**
Assessed Value of a Property
Properties in Quebec are assessed by their regional county municipality or municipalité régionale de comté (MRC) every three years. MRCs are political entities that were established in 1979 to deal primarily with land use such as establishing plans for waste management and preparing evaluation rolls. Each MRC conducts assessments and releases the assessment rolls independently. Most properties are assessed using a market value-based approach. There are three ways that uses to determine a property’s market value:
- Direct Comparison Approach
- Cost Approach
- Income Approach
Residential properties are valued under this approach. This compares the sales of similar properties in the assessment year to determine a valuation for the property. The assessed value may not equal the actual market value or sale value of a property.
Unique and rarely traded properties are valued under this approach. This uses the cost of the property if someone were to rebuild it to determine a valuation for the property minus depreciation due to age or other factors. This includes the price of the land and the price of all improvements (e.g. buildings) on top of it. While this takes into account the market value of the land, it does not consider the market value of the property as a whole.
For properties that are dedicated to generating income like rental properties or offices, an income-based approach is used. This approach uses the income generated by the property as well as the sales price to determine its assessed value.
