Mercier is a growing South Shore community of about 14,000 in the Roussillon MRC. Part of the broader South Shore suburban expansion from Brossard/La Prairie westward, Mercier has ...
⚠️ Important: No First-Time Buyer Rebate in Quebec
Unlike Ontario, Quebec has no provincial first-time buyer rebate on Droits de mutation (welcome tax). All buyers — including first-timers — pay the full Droits de mutation. There is no exemption or refund program at the provincial level. Plan your closing costs accordingly and budget for the full welcome tax amount shown in the calculator below.
Mercier is a growing South Shore community of about 14,000 in the Roussillon MRC. Part of the broader South Shore suburban expansion from Brossard/La Prairie westward, Mercier has seen significant residential development. It's known for its more affordable prices compared to eastern South Shore communities and its proximity to the Châteauguay River.
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Headquartered in Montréal, National Bank is the top choice for Quebec professionals. Strong French-language service and competitive mortgage products throughout Roussillon.
Quebec's largest financial cooperative with 5.0M+ members. Desjardins has strong local roots in Roussillon with full French-language service and unlimited FADMD deposit insurance.
Droits de Mutation (Welcome Tax) Calculator — Mercier
⚠️ Quebec does not offer a first-time homebuyer rebate on droits de mutation.
Quebec's Droits de mutation applies to ALL buyers including first-timers. There is no provincial rebate or exemption. Unlike Ontario (up to $4,000 rebate), Quebec charges the full welcome tax regardless of purchase history. Budget this as a closing cost alongside notary fees.
Quebec's Droits de mutation (welcome tax) applies province-wide at standard rates. Estimated welcome tax on a typical Mercier home ($410,000): $4,650. No first-time buyer rebate exists in Quebec.
Frequently Asked Questions — Mercier Banking
What are home prices in Mercier?
Mercier is more affordable than many South Shore communities, with homes typically ranging from $330,000–$510,000. Welcome tax on a $410,000 purchase is approximately $5,400. No first-time buyer rebate exists in Quebec.
Is Mercier growing quickly?
Yes. Mercier has seen significant new construction and population growth as South Shore demand spreads westward. Young families are drawn by relatively lower prices and new residential subdivisions. KOHO is popular with first-time buyers for its $0 fees and 3% interest on savings.
What is the best no-fee bank in Mercier, Quebec?
KOHO is the best no-fee bank for Mercier residents in 2025. It charges $0/month forever, pays 3% interest on your entire balance (far better than any local branch bank), and includes a $100 signup bonus with code 45ET55JSYA. EQ Bank is the best choice for TFSA and RRSP savings at 3.75%. Both are fully digital and work seamlessly for Mercier residents alongside a local Desjardins or National Bank account for mortgage needs.
Do first-time buyers in Mercier get a Droits de mutation rebate?
No. Quebec has no provincial first-time buyer rebate on Droits de mutation (welcome tax). All buyers in Mercier — regardless of whether it's their first home — pay the full welcome tax. This is a significant difference from Ontario, which offers up to $4,000 back for first-time buyers. Budget the full Droits de mutation amount as a closing cost in Mercier.