Welcome tax in Magog
The 2026 welcome tax schedule for Magog, examples with figures, a calculator and the first-time buyer rebate.
The table in Magog
In Magog, the municipality applies a higher rate than the provincial schedule on the portion of the price above $750,000 (bylaw in effect in 2026).
Up to $5,875 refunded
For a first home purchased starting in 2026, Quebec refunds 100% of the first $5,000 of duties paid, plus 25% of the next $3,500, up to $5,875. The credit decreases for a property worth more than $750,000 and disappears at $1 million. It is claimed on your income tax return.
| Part of the price | Rate |
|---|---|
| up to $62,900 | 0,5 % |
| from $62,900 to $315,000 | 1 % |
| from $315,000 to $750,000 | 1,5 % |
| from $750,000 to $1,000,000 | 2,5 % |
| over $1,000,000 | 3 % |
How much will you pay in Magog?
Transfer duties calculated on the purchase price, according to the 2026 table:
| Purchase price | Welcome tax | More than with the base chart |
|---|---|---|
| 300 000 $ | 2 686 $ | — |
| 450 000 $ | 4 861 $ | — |
| 600 000 $ | 7 111 $ | — |
| 800 000 $ | 10 611 $ | +500 $ |
| 1 000 000 $ | 15 611 $ | +2 500 $ |
Calculate for your price
When and who to pay?
The welcome tax is paid only once, to the Cidade de Magog. The bill arrives a few weeks after the deed of sale is registered. Include this amount in your budget, along with the down payment and the notary's fees. If the municipal assessment (multiplied by the comparative factor) is higher than the price paid, that amount is used for the calculation.
Sources: municipal by-law or page · provincial schedule (Québec.ca) · first-time buyer credit (Revenu Québec)
Marais de la Rivière-aux-Cerises
Nature
This wetland of about 150 hectares, protected by the LAMRAC organization, is crisscrossed by trails and boardwalks ideal for birdwatching. Here you discover a wilder side of Magog, just minutes from the town centre.
Discover the Marais de la Rivière-aux-Cerises →“The Rivière-aux-Cerises marsh reminds me that Magog is not just the beach and the downtown: nature is part of daily life, even in the city.”
Real estate in Magog
How much is the welcome tax in Magog for a $600,000 property?
For a purchase price of $600,000, the welcome tax in Magog is approximately $7,111 according to the 2026 schedule. The exact amount also depends on the municipal assessment, if it is higher than the price paid.
Am I entitled to a welcome tax refund in Magog?
Yes, if you are buying your first home in Quebec. For a first home purchased starting in 2026, Quebec refunds 100% of the first $5,000 in duties paid, plus 25% of the next $3,500, up to $5,875. The credit decreases for a property worth more than $750,000 and disappears at $1M. It is claimed on your income tax return.
Does Magog apply a higher rate than the provincial schedule?
Yes. In addition to the provincial schedule (0.5%, 1% and 1.5%), Magog applies 2.5% on the portion from $750,000 to $1,000,000 and 3% on the portion above $1,000,000.
What amount is the welcome tax calculated on?
On the higher of two amounts: the price paid, or the municipal assessment multiplied by the year's comparative factor. In a market where prices are rising, it is almost always the price paid.
When is the welcome tax due?
Only once, to the Ville de Magog. The bill arrives a few weeks after the deed of sale is registered with the notary, and it generally must be paid within 30 days. Include this amount in your budget from the offer to purchase.
How much is your property worth in Magog?
A free, no-obligation comparative analysis based on recent sales in your area.