Mortgages · Estrie
Land transfer tax in Sherbrooke
What really changes from one Quebec city to the next is not the rate, it is the municipal bill. Here is the land transfer tax in Sherbrooke, on the scale in force.
Land transfer tax$3,810.50on $380,000Scale applied : Provincial · 3 brackets
What changes in Sherbrooke
- 01Provincial scale: the 1.5% bracket only applies past $315,000.
- 02Below that threshold the bill stays modest, which covers much of the local market.
- 03Student housing or a first plex often falls under the line: check the municipal assessment, which becomes the base when it exceeds the price.
The calculation, bracket by bracket
up to $62,9000.5%$314.50
up to $315,0001.0%$2,521.00
above $315,0001.5%$975.00
Payable to the notary$3,810.50
Calculate for another price
Open the calculationFor information only: not an approval, and not a rate offer.
Mortgage broker in Sherbrooke
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