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.
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 $62,900 | 0.5% |
| $62,900 to $315,000 | 1% |
| $315,000 to $500,000 | 1.5% |
| Above $500,000 | 3% |
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).
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 tax | First-time buyer credit | Net 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.
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.
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.
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.
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 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 $460,000 | On $650,000 | On $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 |
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.
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.
$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.
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.
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.
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.
Équipe no 1 de RE/MAX Platine en 2024 et en 2025, 6e au Québec, 15e au Canada et dans le top 50 mondial au classement officiel RE/MAX. Réponse en moins de 24 heures, sept jours sur sept.