Welcome tax in North Hatley
The 2024 welcome tax schedule in North Hatley, examples with figures, a calculator and the refund for first-time buyers.
The table in North Hatley
In North Hatley, the municipality applies a higher rate than the provincial schedule on the portion of the price above $500,000 (bylaw in effect in 2024).
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 $500,000 | 1,5 % |
| from $500,000 to $750,000 | 3 % |
| from $750,000 to $1,000,000 | 3,5 % |
| over $1,000,000 | 4 % |
How much will you pay in North Hatley?
Transfer duties calculated on the purchase price, according to the 2024 schedule:
| Purchase price | Welcome tax | More than with the base chart |
|---|---|---|
| 300 000 $ | 2 686 $ | — |
| 450 000 $ | 4 861 $ | — |
| 600 000 $ | 8 611 $ | +1 500 $ |
| 800 000 $ | 14 861 $ | +4 750 $ |
| 1 000 000 $ | 21 861 $ | +8 750 $ |
Calculate for your price
When and who to pay?
The welcome tax is paid only once, to the Cidade de North Hatley. 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)
Manoir Hovey
Historic inn
Built in 1900 as Henry Atkinson's summer residence, the property became a hotel in the 1950s and is now part of Relais & Châteaux. Its gardens on the shores of Lake Massawippi perfectly illustrate the era of the great summer retreats in North Hatley.
Discover the Manoir Hovey →“The Manoir Hovey tells the story of North Hatley well: that of grand summer homes turned into places to live year-round, always facing the lake.”
Real estate in North Hatley
How much is the welcome tax in North Hatley for a $600,000 property?
For a purchase price of $600,000, the welcome tax in North Hatley is approximately $8,611 according to the 2024 schedule. That is $1,500 more than with the basic provincial 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 North Hatley?
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 North Hatley apply a higher rate than the provincial schedule?
Yes. In addition to the provincial schedule (0.5%, 1% and 1.5%), North Hatley applies 3% on the portion from $500,000 to $750,000, 3.5% on the portion from $750,000 to $1,000,000 and 4% 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 North Hatley. 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 North Hatley?
A free, no-obligation comparative analysis based on recent sales in your area.