Sherbrooke applies standard provincial Quebec droits de mutation — no municipal surtax. Median purchase price ~$330,000.
Sherbrooke, the largest city in the Eastern Townships and home to Université de Sherbrooke and Bishop's University, applies only the standard provincial droits de mutation. There is no additional municipal surtax. At the city's median price of approximately $330,000, most buyers pay across three brackets (0.5%, 1%, and 1.5%), with the total coming to roughly $3,550 — one of the lower LTT bills among Quebec's major cities simply because of Sherbrooke's lower average home prices.
The tax is assessed by the city after your deed of sale is registered at the Registre foncier. You will receive a municipal invoice approximately 30–90 days after closing. It is due within 30 days of the invoice date. This is not paid at the notary — plan your cash flow accordingly.
| Purchase Price Slice | Rate |
|---|---|
| $0 – $50,000 | 0.5% |
| $50,001 – $250,000 | 1.0% |
| $250,001 – $500,000 | 1.5% |
| $500,001 – $1,000,000 | 2.0% |
| Above $1,000,000 | 2.5% |
$250,000: $2,250 | $330,000: $3,550 | $400,000: $4,750 | $500,000: $6,250
Sherbrooke's lower median means most first-time buyers face a droits de mutation bill well under $4,000, making it one of the more accessible markets in Quebec from a total closing cost perspective.
Droits de mutation is just one closing cost. Budget for the following when buying in Sherbrooke:
Sherbrooke's two universities mean there is always a market for investment properties — particularly plexes (duplexes and triplexes) — near the Université de Sherbrooke main campus in the Mont-Bellevue and Fleurimont boroughs. Investors buying plexes should run the droits de mutation calculation on the full purchase price, not just the owner-occupied portion.
The Bishop's University neighbourhood in Lennoxville (now the Rock Forest–Saint-Élie–Deauville borough of Sherbrooke) features some of the city's most distinctive heritage homes. Buyers of older properties should factor in potential renovation costs and heritage designation restrictions on top of closing costs.
Set aside your droits de mutation estimate in a KOHO savings account earning interest. Use referral code 45ET55JSYA — free base plan, no monthly fee.
Get KOHO with code 45ET55JSYA →Last updated March 2026. Informational purposes only. Verify rates with your notary before closing.