Mortgages · Estrie
Mortgage broker 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$3,853.50on $380,000
Scale appliedProvincial3 brackets
Median price[TO CAPTURE]APCIQ source to wire
What changes in Sherbrooke
- Provincial scale: the 1.5% bracket only applies past $307,800.
- Below that threshold the bill stays modest, which covers much of the local market.
- Student 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 $61,5000.5%$307.50
up to $307,8001.0%$2,463.00
above $307,8001.5%$1,083.00
Payable to the notary
$3,853.50