Calculate your Quebec land transfer tax for Sherbrooke properties. Understand exactly what you'll owe at notary closing.
Enter your purchase price to estimate your Quebec land transfer tax.
| Purchase Price Range | Tax Rate |
|---|---|
| First $50,000 | 0.5% |
| $50,001 to $250,000 | 1.0% |
| $250,001 to $500,000 | 1.5% |
| $500,001 to $1,000,000 | 2.0% |
| Above $1,000,000 | 2.5% |
Example: For a $370,000 home in Sherbrooke, droits de mutation = $4,050.00. This is payable in full at notary. No rebate is available for any buyer in Quebec.
Sherbrooke is Quebec's fifth-largest city and the economic heart of the Eastern Townships. With two major universities (Université de Sherbrooke and Bishop's University), a strong healthcare sector, and growing tech industry, Sherbrooke attracts a diverse mix of buyers.
The Sherbrooke real estate market has experienced consistent growth. Median residential prices range from $290,000 for condos to $450,000 for detached homes in desirable neighborhoods like Fleurimont, Jacques-Cartier, and Brompton.
Droits de mutation in Sherbrooke applies at the provincial rate schedule — the same formula used province-wide. There is no municipal surtax in Sherbrooke for properties under $500,000, unlike Montreal which adds a 3% tier above $500,000.
First-time buyers often ask about the difference between Quebec and Ontario land transfer tax treatment. Ontario provides a provincial rebate of up to $4,000 for first-time buyers. Quebec provides no equivalent rebate. Every Sherbrooke buyer pays the full droits de mutation.
When budgeting for a Sherbrooke purchase, add droits de mutation to your notary fees ($1,200–$2,200), home inspection ($400–$600), and any applicable mortgage insurance premium. Desjardins, National Bank, and TD are the dominant mortgage lenders in the Sherbrooke market.
For the complete provincial guide: Quebec Land Transfer Tax Calculator.
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