Welcome tax in Sherbrooke in 2026: 3% above $500,000, the calculation on real prices and the first-time buyer credit

Welcome tax · Sherbrooke · 2026 grid verified at the source

Sherbrooke bills 3% above $500,000 with a 1.08 comparative factor: the roll matters more than elsewhere. Here is the 2026 grid, the calculation on the city's prices, the bill and what a first-time buyer gets back.

In Sherbrooke, the 2026 welcome tax follows the provincial grid up to $500,000 (0.5%, 1%, 1.5%) then applies 3% to the entire portion above, the maximum the law allows. On a single-family house at $460,000 (City of Sherbrooke median, QPAREB Q2 2026), it comes to $5,010.50; an eligible first-time buyer gets $5,002.62 back from Revenu Québec and pays $7.88 net. On a $314,000 condo, it is $2,825.50, fully refunded. With a median house at $460,000 in the city and $490,000 in the metropolitan area, most buyers stay under the threshold. The base is the higher of the price paid and the roll value times the 1.08 comparative factor in 2026; the bill is paid in one instalment within 30 days. The grid covers the six boroughs, including Lennoxville, Brompton and Rock Forest.

The 2026 welcome tax grid in Sherbrooke

Sherbrooke applies the maximum 3% rate to the portion above $500,000, and its 1.08 comparative factor in 2026 is among the highest of the large cities: a property assessed at $470,000 on the roll has a presumed base of $507,600, already in the 3% bracket. With a median house at $460,000, the increase concerns recent houses in Rock Forest, Saint-Élie and the Deauville sector, as well as the shores of Lac des Nations.

Bracket of the tax base (2026)Rate in Sherbrooke
$0 to $62,9000.5%
$62,900 to $315,0001%
$315,000 to $500,0001.5%
Above $500,0003%

The thresholds are indexed every January 1 (the indexation is published in the Gazette officielle before July 1); the amounts above are the 2026 figures. Source: sherbrooke.ca, transfer duties (2026 grid, factor 1.08).

What it comes to on real prices in Sherbrooke

The examples cover the condo at the median ($314,000), the house at the city median ($460,000) and the metropolitan median ($490,000), the $500,000 threshold, a recent house in Rock Forest and a prestige property.

Price paid (or adjusted roll value)Welcome taxFirst-time buyer creditNet cost, first-time buyer
$314,000$2,825.50$2,825.50$0
$460,000$5,010.50$5,002.62$7.88
$490,000$5,460.50$5,115.12$345.38
$500,000$5,610.50$5,152.62$457.88
$650,000$10,110.50$5,875$4,235.50
$900,000$17,610.50$2,350$15,260.50

How to read it: on a single-family house at $460,000 (City of Sherbrooke median, QPAREB Q2 2026), the welcome tax is $5,010.50; an eligible first-time buyer gets $5,002.62 back and pays $7.88 net. At that price, Sherbrooke costs no more than a municipality on the basic provincial grid: the increase only starts at $500,000. Our French welcome tax calculator runs the same calculation for any price.

What amount Sherbrooke taxes

The tax base is the highest of three amounts: the price paid, the consideration stated in the deed, and the value on the assessment roll multiplied by the year's comparative factor. In a rising market the price paid almost always exceeds the adjusted roll value, so the price is the base; in a sale between relatives or on a property bought below assessment, the adjusted roll value takes over and the bill can surprise. For 2026, Sherbrooke's comparative factor is 1.08: a property assessed at $500,000 on the roll has a presumed market value of $540,000, and that figure becomes the base if the price paid is lower. The notary records the tax base in the deed of sale and the municipality bills from the registration in the Land Register.

When and how to pay in Sherbrooke

In Sherbrooke, the transfer duty bill is paid in one instalment within 30 days of being sent. The City does not reissue a property tax bill to the new owner, who must make sure the year's taxes are paid. Sherbrooke also requires disclosure of transfers not registered in the Land Register and of cases where an exemption condition ceases to be met. The bill is never handed over at the notary's office: it arrives by mail, or in the online tax account, generally a few weeks to two months after signing. Budget for it before the offer to purchase, alongside notary fees and the inspection, because no lender finances it inside the mortgage.

The first-time buyer credit of up to $5,875

Since January 1, 2026, Quebec's refundable tax credit for home ownership reimburses first-time buyers 100% of the first $5,000 of transfer duties paid and 25% of the next $3,500, up to $5,875, on a first principal residence. The credit is reduced by 2.35% of the portion of the tax base above $750,000 and reaches zero at $1,000,000 (Finances Québec, Information Bulletin 2026-2). A first-time buyer is someone who did not live in a home owned by themselves or their spouse in the year of purchase or the four previous years. The buyer first pays Sherbrooke's bill, then claims the credit on their income tax return, or as an advance payment from October 2026 when the amount exceeds $1,000. On a $314,000 condo, the tax of $2,825.50 is refunded in full; on a $460,000 house, the tax of $5,010.50 is refunded at $5,002.62, $7.88 remains. On a recent $650,000 house, the tax of $10,110.50 is refunded at $5,875: $4,235.50 remains. The details, including couples where only one spouse has owned before, are in our guide to the welcome tax refund.

Who does not pay the welcome tax in Sherbrooke

The exemptions come from provincial law and are the same in every city: a transfer in the direct ascending or descending line (parent to child, grandparent to grandchild, never between siblings), a transfer between spouses who are married, in a civil union or de facto after twelve months of living together (or parents of the same child), a tax base under $5,000, and a transfer to a corporation in which the seller holds at least 90% of the shares. The notary cites the exemption section in the deed. Sherbrooke then collects a supplementary duty of at most $200, except when the transfer follows a death. Our French article on welcome tax exemptions goes into detail.

Sherbrooke compared with neighbouring cities

Sherbrooke applies the same grid as Lévis, Laval or Brossard. Quebec City, with 2.5% between $500,000 and $750,000, costs up to $1,250 less; Magog lowered its rate to 1.5% on that portion in 2026, $3,000 less on a $700,000 house.

City (2026 grid)On $460,000On $650,000On $900,000
Sherbrooke$5,010.50$10,110.50$17,610.50
Magog$5,010.50$7,860.50$13,110.50
Quebec City$5,010.50$9,360.50$16,360.50
Montreal$5,010.50$8,349$13,349
Basic provincial grid (no municipal increase)$5,010.50$7,860.50$11,610.50

What is specific to Sherbrooke

The grid applies to the city's six boroughs (Brompton-Rock Forest-Saint-Élie-Deauville, Fleurimont, Lennoxville, des Nations). The 1.08 comparative factor makes the roll value decisive more often than elsewhere: on a house bought for $480,000 but assessed at $460,000, the base is $496,800 ($460,000 times 1.08), not the price paid. Before making an offer below assessment, calculate the tax on the adjusted roll. Sherbrooke collects a supplementary duty on exempt transfers, under the rules of the Act.

Our other data series for Sherbrooke, drawn from Centris listings:

Each page is recalculated from the past year's actual sales, aggregates only.

The notary's other document: Certificate of location in Sherbrooke: cost, timing and when to redo it

Once the bill is paid: Welcome tax refund in Quebec: how to apply, where, when and with which documents

How much down payment to buy in Sherbrooke:

The legal minimum on the median house, the 20% that avoids the CMHC premium, the premium at the minimum, what a FHSA and an HBP cover, the condo, and ten years of perspective in Sherbrooke.

How many condos are for sale in Sherbrooke, ten years of perspective:

Condominium inventory at each month-end and new listings per year since 2016, absorption, months of inventory, and the comparison with single-family houses in Sherbrooke.

When to sell in Sherbrooke, ten years of sales month by month:

The month with the most home sales, the quietest month, spring versus winter, the best-paying month and when to list to sell at the right time in Sherbrooke.

Condos that do not sell in Sherbrooke, ten years of perspective:

Condo listings expired without a sale per year since 2016, the failure rate against sales, the same rate for houses, and what it tells a condo seller in Sherbrooke.

How many plexes are for sale in Sherbrooke, ten years of perspective:

Plexes for sale at each month-end and new listings since 2016, absorption, months of inventory, and the comparison with houses and condos in Sherbrooke.

When to sell a condo in Sherbrooke, ten years of sales month by month:

The month with the most condo sales, the quietest month, spring versus winter, the best-paying month, houses alongside and when to list in Sherbrooke.

Plexes that do not sell in Sherbrooke, ten years of perspective:

Plex listings expired without a sale per year since 2016, the failure rate against sales, the same rate for houses and condos, and what it tells a building seller in Sherbrooke.

How much buyers negotiate a condo in Sherbrooke, ten years of perspective:

Sale price as a percentage of asking for condos, year by year since 2016, the ratio on the original price, houses alongside and the dollar gap on the median condo in Sherbrooke.

How much buyers negotiate a plex in Sherbrooke, ten years of perspective:

Sale price as a percentage of asking for plexes, year by year since 2016, the ratio on the original price, houses and condos alongside and the dollar gap on the median building in Sherbrooke.

What the median house costs a month in Sherbrooke, ten years of perspective:

The monthly payment on the house in the middle every year since 2016 with the Centris price and the 5-year rate actually charged, the share of price and the share of rate, the renewal shock and the income it takes in Sherbrooke.

What the house really gained in Sherbrooke, once inflation is removed:

Each year's median price converted to 2026 dollars with the Quebec CPI, the real increase, the years of real decline, the peak in purchasing power and the condo alongside in Sherbrooke.

What the median condo costs a month in Sherbrooke, ten years of perspective:

The monthly payment on the condo in the middle every year since 2016 with the Centris price and the 5-year rate actually charged, the share of price and the share of rate, the renewal shock and the income it takes in Sherbrooke.

How long to sell a plex in Sherbrooke, ten years of perspective:

Median and average days on market of plexes year by year since 2016, the house and the condo alongside, market periods and the weight of buildings that sit in Sherbrooke.

How much is a duplex, a triplex, a quadruplex in Sherbrooke, ten years of perspective:

The median price by building type year by year since 2016, the number of sales, the price per unit, what the extra unit costs and the house alongside in Sherbrooke.

How much is a lot in Sherbrooke, ten years of perspective:

The median price of lots and land sold on Centris year by year since 2016, the number of sales, the 2021 peak and the weight of the lot in the price of a house in Sherbrooke.

Sherbrooke or the city next door: where to buy in 2026, matchup by matchup:

Each matchup puts Sherbrooke and a neighbouring city side by side over ten years of Centris sales: house and condo prices, gap, days on market, inventory, bidding, unsold listings and monthly payment.

How much is a semi-detached or row house in Sherbrooke, ten years of perspective:

The median price by house type year by year since 2016, the number of sales, the shared-wall discount and how it moved in Sherbrooke.

How many houses still sell under $500,000 in Sherbrooke, ten years of perspective:

Sales under $500,000 and under $400,000 year by year since 2016, their share, the tipping year and what is still available under the threshold in Sherbrooke.

How many houses sell for over $1 million in Sherbrooke, ten years of perspective:

Sales at $1,000,000 and up year by year since 2016, their share, the first year with ten sales and what is paid above the million in Sherbrooke.

How long to sell by price in Sherbrooke:

Median days on market by price bracket over the past twelve months, the fastest bracket, the slowest and what it changes for selling or buying in Sherbrooke.

How much the lot is worth in a house price in Sherbrooke, ten years of perspective:

The median price of houses on small lots and on large lots year by year since 2016, the large-lot premium and how it moved in Sherbrooke.

How many dollars of condos sell in Sherbrooke, ten years of perspective:

Condo sales volume year by year since 2016, the number of sales and the average price behind it, and the condo's share of the market in Sherbrooke.

The average condo price in Sherbrooke, and why it exceeds the median:

The average sale price of condos year by year since 2016, beside the median price and the asking price, and the gap between the two in Sherbrooke.

How long to sell a condo by price in Sherbrooke:

Median condo days on market by price bracket over the past twelve months, the fastest bracket, the slowest and what it changes for selling or buying a condo in Sherbrooke.

How long to sell a plex by price in Sherbrooke:

Median plex days on market by price bracket over the past twelve months, the fastest bracket, the slowest and what it changes for selling or buying a plex in Sherbrooke.

At what price plexes sell in Sherbrooke, range by range:

The distribution of plex sales by price bracket in 2020 and 2026, the best-selling range, the share under $450,000 and under $600,000 in Sherbrooke.

The average plex price in Sherbrooke, and why it exceeds the median:

The average sale price of plex year by year since 2016, beside the median price and the asking price, and the gap between the two in Sherbrooke.

How many dollars of plex sell in Sherbrooke, ten years of perspective:

Plex sales volume year by year since 2016, the number of sales and the average price behind it, and the plex's share of the market in Sherbrooke.

Where the real estate money goes in Sherbrooke:

Sales dollars split between houses, condos and plexes every year since 2016, the category that weighs the most and the one that grew the most in Sherbrooke.

What sells at what price in Sherbrooke:

The 2026 sales crossed by price range and category: what sells under $300,000, who holds the million, where houses, condos and plexes compete in Sherbrooke.

Which sells fastest in Sherbrooke, house, condo or plex:

Days on market of houses, condos and plexes compared price range by price range over twelve months in Sherbrooke.

At what price houses sell in Sherbrooke, range by range:

The distribution of sales by price bracket in 2020, 2023 and 2026, the best-selling range, the share under $500,000 and above $750,000 in Sherbrooke.

At what price condos sell in Sherbrooke, range by range:

The distribution of condo sales by price bracket in 2020 and 2026, the best-selling range, the share under $300,000 and under $400,000 in Sherbrooke.

The plex in Sherbrooke, the 2026 file:

Prices, door, days on market, volume, down payment and what the median does not say, on Centris sales.

Is a plex profitable in Sherbrooke in 2026:

The full math on the duplex, triplex and fourplex at the 2026 median price and the median rent in Sherbrooke, labelled assumptions.

Duplex or triplex in Sherbrooke, the 2026 comparison:

Prices, price per unit, minimum down payment to live in it and days on market, on Centris sales by type.

House or plex in Sherbrooke, ten years face to face:

Prices, change, days on market, negotiation, plex-to-house ratio and price per door, on Centris sales.

And the market in Sherbrooke this month:

The past twelve months, month by month, from the same Centris listings.

Condo or plex to invest in Sherbrooke:

The median rental condo against the 2026 median duplex and triplex in Sherbrooke, at the same rent, rate and down payment, labelled assumptions.

How many foreclosures in Sherbrooke, ten years of perspective:

The number of houses sold as foreclosures year by year since 2016, their share of sales, their median price against all sales and the rebound from the trough in Sherbrooke.

How much buyers negotiate on a house by price in Sherbrooke:

Sold-to-asking ratio by price bracket over the past twelve months, the bracket negotiated the most, the one where asking or more is paid, and what it changes for selling or buying in Sherbrooke.

How much buyers negotiate on a condo by price in Sherbrooke:

Sold-to-asking ratio by price bracket over the past twelve months, the bracket negotiated the most, the one where asking or more is paid, and what it changes for selling or buying in Sherbrooke.

How much buyers negotiate on a plex by price in Sherbrooke:

Sold-to-asking ratio by price bracket over the past twelve months, the bracket negotiated the most, the one where asking or more is paid, and what it changes for selling or buying in Sherbrooke.

Where the money goes by price in Sherbrooke:

Share of dollars against share of sales by price bracket over the past twelve months, the average ticket and the bracket that weighs the most in Sherbrooke.

How much sellers cut their price before selling in Sherbrooke:

Sold price against the first asking price and the last, by price bracket over the past twelve months, and the bracket where sellers adjust the most in Sherbrooke.

And on a condo in Sherbrooke?

The tax on the median condo year by year, what a first-time buyer pays net and the cash needed, house alongside.

What the median plex costs in Sherbrooke:

The payment at 20% down and the welcome tax, year by year, house alongside.

Our proof, not our promises

The Loaa & Manseur team, led by Lotfi Manseur and Loaa Al Daow, is the number 1 team at RE/MAX Platine in 2024 and 2025, 6th RE/MAX team in Quebec, 15th in Canada and in the global top 50 of large residential teams according to the official RE/MAX ranking, computed on actual transactions. Its Google profile counts 221 reviews with a 4.9 rating. Its offices are at 55 avenue de l'Équinoxe in Brossard, one bridge from the island, and every broker's licence can be checked in the OACIQ public register. Three things to verify yourself before calling us, and to demand of any other broker.

For selling, selling a house in Sherbrooke; for a broker, real estate broker in Sherbrooke; for the refund, the welcome tax refund; for the general rules, our guide to the welcome tax in Quebec.

Frequently asked questions

How much is the welcome tax on a single-family house at $460,000 in Sherbrooke?

$5,010.50 with Sherbrooke's 2026 grid, if the price paid is the tax base. An eligible first-time buyer gets $5,002.62 back from Revenu Québec and pays $7.88 net.

When does the welcome tax bill arrive in Sherbrooke?

A few weeks to two months after signing at the notary, once the deed is registered in the Land Register. Sherbrooke allows 30 days from the bill being sent, in one instalment.

Is the welcome tax higher in Sherbrooke than elsewhere?

Above $500,000, Sherbrooke applies the legal maximum of 3%, like Lévis, Laval or Brossard, and more than Quebec City (2.5% up to $750,000) or Magog (1.5%). Below $500,000, where Sherbrooke's median house sells, the tax is the same everywhere; the 1.08 factor can however push the base above the price paid.

Do a new house and a condo pay the same tax?

Yes, the grid is the same for a house, a condo, a plex or a lot, and the price used as the base includes sales taxes on a new build. Since 2026 the GST is eliminated up to $1,000,000 on a new home for a first-time buyer, which lowers the price paid and therefore the welcome tax base.

Also available in French: version française de ce guide.

Published September 7, 2026 by the Loaa & Manseur team, the number 1 team at RE/MAX Platine in 2024 and 2025, 6th RE/MAX team in Quebec, 15th in Canada and in the global top 50 according to the official RE/MAX ranking. Tell us about your project.

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