News

June 29, 2018
Heat waveThe City of Dollard-des-Ormeaux is offering several services to help keep you cool during periods of extreme heat. Cooling centres... Lire la suite Read more
June 8, 2018
The new Facebook page of the City of Dollard-des-Ormeaux is now online. This page will allow the City to better communicate with its citizens.... Lire la suite Read more
May 18, 2018
Dollard-des-Ormeaux, May 17, 2018 – The City of Dollard-des-Ormeaux today inaugurated the expansion of the Community Centre. This expansion will... Lire la suite Read more
May 16, 2018
1. GENERAL INFORMATION In its fight against the spread of the emerald ash borer, the City has set up three financial assistance programs to help... Lire la suite Read more
Home > Information sheets > Duties on transfers of immovables
-A A +A

Duties on transfers of immovables

Definition

Under provincial legislation, a transfer tax must be collected by the City for the transfer of any immovable located in the City.

Calculation of transfer taxes

The rate of these duties is set as follows:

  • 0,5% on that part of the taxation basis which does not exceed $50,000
  • 1% on that part of the taxation basis which is in excess of $50,000 without exceeding $250,000
  • 1,5% on that part of the taxation basis which exceeds $250,000
  • For example, for a property of a $400,000 value, the transfer tax would be:
    • $50,000 x 0,005 = $250
    • $200,000 x 0,010 = $2,000
    • $150,000 x 0.015 = $2,250
    • Total: $4,500

Payment of transfer taxes

This tax is payable in one installment within thirty (30) days of the mailing of the tax bill by the City. The taxation basis transfer duties will be the greatest of the following amounts:

  • The amount of the counterpart provided for the transfer of the immovable
  • The amount of the counterpart stipulated for the transfer of the immovable
  • The amount of market value at the time of the transfer of the immovable. As mentioned in the Act respecting duties on transfers of immovables, the market value is the product obtained by multiplying the value entered on the roll for the unit or part corresponding to the transferred immovable, as the case may be, by the factor of the roll established.

Useful references

Act respecting duties on transfers of immovables (R.S.Q, Chapter D-15)
This information sheet contains information of no legal value, the official regulation of the Law prevails.

Consult the Law:

Transfer taxes

For more information, dial 514 684-1010