Montreal Property Tax Calculator 2020

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Montreal 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. Montreal'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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MRC Assessment Value of the Property
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2020 Property Tax Value
$4,2644.26k
2020 Residential Property Tax Rate
0.852800 %

2020   Tax Rates for Cities Near Montreal

City Final Tax rate
Longueuil1.042400 %
Laval0.895500 %
Gatineau0.977404 %

Montreal Property Tax Rates from 2010 to 2020

Montreal Property Tax Rates from 2010 to 2020

Property Tax in Québec

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 Montreal from 2018 to 2020
YearMunicipal RateEducational RateFinal Tax Rate
20200.747400%0.105400%0.852800%
20190.766300%0.178320%0.944620%
2018 0.770500%0.178320%0.948820%
Based on city of Montreal official website: Check Source
Montreal at a Glance
ProvinceQuébec
Settled1642
Established1760
Incorporated1832
Population1,704,694
City Area431.50 km 2 (166.60 sq mi)

Property Taxes in Québec for a $500K Québec Assessed Value Home*

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:

  1. Direct Comparison Approach
  2. 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.

  3. Cost Approach
  4. 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.

  5. Income Approach
  6. 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.

Property Taxes in Québec for a $500K Québec Assessed Value Home*

Property Taxes in Québec for a $500K Québec Assessed Value Home
This calculator is provided for general information purposes only. This calculation may not include any special charges, levies or fees. Results are approximations only. For official and the most up-to-date information, please see your property tax bill or contact the relevant taxation authority of your region.