Welcome Tax Calculator Sherbrooke 2026
The exact amount of your transfer duties based on your city's official rate grid, first-time buyer credit included, and city-to-city comparison.
Calculator 2026
Estimate your real estate transfer taxes
2026 First-Time Buyer Tax Credit
Since April 2026, Quebec offers a refundable tax credit covering up to $5,875 of the welcome tax for eligible first-time buyers. The credit reimburses 100% of the tax on the first $5,000, then 25% of the slice up to $8,500. Three conditions apply: you must not have lived in a dwelling owned by you or your spouse during the year of acquisition or the 4 preceding calendar years, the property must be your principal residence, and the dwelling must be eligible. Retroactive to January 1, 2026; advance payment available from October 2026 for credits exceeding $1,000.
→ Read the full welcome tax credit guideAn Eastern Townships market under pressure as a new roll cycle opens
In the first quarter of 2026, the CIEMCQ–APCIQ residential barometer for the Sherbrooke CMA recorded 616 residential sales (up 6% year over year) and 707 active listings (down 9%), a 37% shortfall against the ten-year historical average. Median prices rose 6% on single-family homes, 10% on plexes and 11% on condominiums, while average days on market settled at 37 days for a single-family, 50 days for a plex and 79 days for a condo. The calculator above already combines that backdrop with the municipal bracket grid and with values from Sherbrooke's new triennial roll to estimate the notice the Service des finances will mail you once the deed is registered in the Quebec land register.
The 2025-2026-2027 roll and the taxable base
The calculator is aligned with the 2025-2026-2027 property assessment roll, whose filing was confirmed by the City in the official "Dépôt du rôle d'évaluation 2025-2027" release. For most transactions, the taxable base used by the Service des finances is the greater of the price paid, the consideration stated in the deed and the market value entered on the roll — multiplied, where applicable, by the year's comparative factor. You can look up a Sherbrooke property by civic address, lot or matricule on the Espace évaluation – Consultation du rôle portal. The new cycle opens a useful window: if the value looks out of line, a revision request can be filed with the Service des finances within the deadlines published on the municipal page.
What moves the amount, and where Sherbrooke sits among its neighbours
On the bracket side, Sherbrooke uses the standard four-bracket provincial grid with no transitional municipal step before the top rate. At equal value, the curve is therefore strictly identical to neighbouring Drummondville and Trois-Rivières — run the calculator on the same property value in those three cities and the result will match. The comparison gets sharper with Magog in the Eastern Townships: the City around Lake Memphrémagog inserts several transitional steps before its top rate, smoothing the climb on the high-end waterfront segment. Exempt transfers still trigger the supplementary duty (droit supplétif) framed by the Act respecting duties on transfers of immovables (CQLR, c. D-15.1) — a separate notice can therefore still reach you from the Service des finances.
City programs: downtown revitalization and the Well Sud neighbourhood
Sherbrooke does not refund the welcome tax itself, but it operates a bundle of grants that can lighten the overall envelope for a new homeowner. The Programmes d'aide à la rénovation gather the Rénovation Québec program and the RénoRégion stream, both jointly run with Société d'habitation du Québec. The flagship lever is municipal by-law 1166 — the Programmes incitatifs pour la revitalisation du centre-ville — which targets residential densification in sectors 1 and 2 of the downtown core, including Wellington South. Depending on the work, it grants assistance per new dwelling or a subsidy delivered as a credit calculated on the property-tax increase tied to a new build or major conversion, over a multi-year period. The Well Sud neighbourhood intervention program frames the densification and mixed-use objectives in that sector. For older buyers exposed to a sharp shift in assessed value, the provincial grant for seniors to offset a municipal tax increase may compensate, under income and ownership conditions, the share attributable to a new roll filing.
Single-instalment payment and the provincial home-access credit
The welcome-tax notice is mailed by the Service des finances after the transfer is registered in the land register and is paid in a single instalment, within the deadline printed on the bill. After that delay, interest and a penalty set out in municipal by-laws accrue until the account is settled. The annual municipal tax bill follows its own instalment schedule published by the Service des finances — flexibility that does not extend to the welcome tax itself. Payment runs through your financial institution using the eighteen-digit matricule, by cheque made out to Ville de Sherbrooke, or directly at the municipal counter. Your notary will confirm whether you qualify for the provincial home-access tax credit framed by the same Act.
Useful resources and contacts
Before paying, cross-check your estimate against the City's Droits de mutation immobilière page and the official notice issued by the Service des finances.
- Service des finances: Taxes and collections division, 124 Wellington Street North, Sherbrooke (Québec); current phone and email coordinates are published on the Nous joindre page.
- Property assessment roll: Espace évaluation – Consultation du rôle portal for searches by civic address, lot or matricule, and the Demander une révision page for filing conditions and deadlines.
- Tax bill and payment: Compte de taxes municipales for instalment terms, pre-authorized payments and change-of-address requests.
- City programs: Programmes d'aide à la rénovation, Well Sud neighbourhood intervention program and the grant for seniors to offset a municipal tax increase.
The calculator above provides an estimate to plan your budget; the official notice issued by Sherbrooke's Service des finances remains the document of record for final payment.
What is the transfer tax?
Commonly called the "welcome tax", the real estate transfer tax is a mandatory municipal tax collected when a property changes hands in Quebec. It is always paid by the buyer, never the seller, to the municipality where the building is located, in the months following the signing at the notary.
Is the welcome tax paid every year?
No. The transfer duty is paid only once, when the property changes hands. Do not confuse it with municipal and school taxes, which recur every year: the welcome tax is a single bill, sent by the municipality after the sale is registered in the Land Register.
How is the welcome tax calculated?
The calculation is based on the highest amount among the following:
- The purchase price paid for the building;
- The amount of the consideration entered in the deed of sale;
- The market value of the building, meaning the value entered in the municipal assessment roll multiplied by the city's comparative factor.
This amount is then subject to a progressive rate scale that varies by municipality. In 2026, the first bracket (up to $62,900) is taxed at 0.5%, the next ones at 1% and then 1.5%, and several large cities add higher brackets (up to 4% in Montreal).
New construction: the tax base is the price before GST and QST.
Calculation example (2026)
For a property purchased in Montreal at a price of $600,000 (tax base):
- $0 to $62,900 (0.5%) :$314.50
- $62,900 to $315,000 (1%) :$2,521.00
- $315,000 to $552,300 (1.5%) :$3,559.50
- $552,300 to $600,000 (2%) :$954.00
- Total to pay:$7,349.00
Calculated with the official rate grid in force in Montreal. Source: Ville de Montréal
Who is exempt from the welcome tax?
The Act respecting duties on transfers of immovables provides exemptions. The most common cases:
- Transfer between spouses: married, in a civil union, or common-law partners who have lived together for at least 12 months (in case of separation, the transfer must occur within 12 months of the end of the union);
- Transfer in the direct line: between parents and children or grandparents and grandchildren (but not between siblings);
- Tax base under $5,000;
- Transfer to a corporation in which the transferor holds at least 90% of the voting shares.
Even when exempt, the municipality may charge a special duty, generally capped at $200. The exemption must be recorded in the notarized deed: your notary claims it for you.
Not exempt? The 2026 first-time buyer tax credit can still refund up to $5,875 of your tax. See the first-time buyer credit guide
Why is it called the "welcome tax"?
The official name is "duties on transfers of immovables", introduced by a 1976 Quebec law allowing municipalities to collect this duty. The nickname is often attributed to Jean Bienvenue, Minister of Municipal Affairs at the time ("bienvenue" means "welcome" in French), but the expression mostly owes its success to its irony: a "welcome" billed to the new owner. Both terms refer to exactly the same tax.
Calculators for nearby cities
Selected year: 2026